So honestly, are you worried this is going to be you?
There is a part of us that fears we're doing it wrong. Instead of the financial prosperity and peace that we imagine we're creating, we will get to the end of the week/month/year, look at our financials, and discover a big black hole of "broke".
This week alone I've had several conversations with families about what's working with their money and what's not. In every conversation one of these 3 mistakes cropped up.
I get it! I've made them all myself and money was a pain in the "butt" because of it. But awareness is the first step to a financially peaceful family life so let’s pull up our big-girl yoga pants and dig in. (Besides, what looks awful and overwhelming, usually isn’t that bad!)
We’ll examine each in more detail and what we should do instead.
Mistake #1. Thinking a big pay raise or lump sum will solve all our problems.
Mistake #2. Not accounting for the unexpecteds.
Mistake #3. Not being OK with having more than enough.