Do you ever get sick of paying attention to your finances? Tired of planning your spending and tracking every dollar?
Yeah, me too.
Our pre-weekend routine went as usual. I reconciled the the checking account, and paid the bills since it was also payday. I then sat down with my wife to discuss our discretionary spending plan for the next two weekends until the next payday. We both knew the numbers, and we both knew the plan. As we went to bed on Thursday night, we were completely in sync.
Things went completely downhill from there.
From the instant we got home from work Friday afternoon it was as if both of us lit our spending plan on fire and watched it burn without a care in the world. We took turns suggesting unplanned activities including going out to eat twice, using Father’s Day as an excuse for one of them. It wouldn’t have been so bad had we reassessed our situation to ensure we were on budget. But we didn’t.
We had been focusing so hard on our finances over the last few months that we hit that “Forget this!” point and just wanted to spend without consequences.
Except there were definitely consequences to this kind of reckless spending.
When I assessed the damage Sunday evening, I found that we had spent almost all of our discretionary funds for both weekends. Plans for the following weekend were immediately cancelled. At least we didn’t overspend to the point that we would have had to take money out of our savings to cover necessities.
This is the kind of spending behavior that we have worked so hard to get away from. No matter how sick we get of talking about money, we can never take a break from paying attention to our finances or we’ll fall right back into our old habits. Forcing ourselves to cancel our plans for the following weekend will serve as a good lesson to us as to the consequences for not staying on top of things financially.
Have you ever spent recklessly for a weekend without any thoughts of the consequences? How bad did it get?
Brought to you courtesy of Brock