Post by patricimo54 on Feb 11, 2009 21:59:26 GMT -5
Back when I was a kid working for a $1.65 an hour it was tough making ends meet. With a wife and new baby life got serious quick. In time I developed a strategy to envelop my cash in named envelops food, water, gas, etc. I got this thing down to a fine tuned science. The only way it worked was that I was realistic in my actual expenses spent, a little time monitorting my consummation of all things relevant, and full support of my life partner. I could do the first two, the third part was the challenge. This is how I entered my young adulthood and eventual felt like I was on top of my game. As long as I stayed diligent to the envelop system there was stability in my financial world. Life moved on I was making more money $4.57 an hr. I begin to trust banks, opened a checking and a savings account. At this point I felt that I had matured enough or had out grown my need to envelop. And at this point you may be thinking, where is this babbling fool going with this?
It wasn't until Beautiful Bride and I got together about 3 1/2 years ago, that I realized those early years of my enveloping are the basic fundamentals to financial peace. She had attended a seminar on financial planning sponsored by Dave Ramsey. He highly promotes the envelop system. In a nut shell what he teaches, for every dime that comes thru your door that isn't named, isn't captured. Anything that isn't captured is lost to the wind. Another way to say it unless you know your expenses and designate your money it will pass thru your hands with little impact in your life. One definition of frugal is "not wasteful; not spending freely or unnecessarily" My way of saying that is "spending with purpose!"
It wasn't until Beautiful Bride and I got together about 3 1/2 years ago, that I realized those early years of my enveloping are the basic fundamentals to financial peace. She had attended a seminar on financial planning sponsored by Dave Ramsey. He highly promotes the envelop system. In a nut shell what he teaches, for every dime that comes thru your door that isn't named, isn't captured. Anything that isn't captured is lost to the wind. Another way to say it unless you know your expenses and designate your money it will pass thru your hands with little impact in your life. One definition of frugal is "not wasteful; not spending freely or unnecessarily" My way of saying that is "spending with purpose!"
. So much money wasted on stupid unnecessary crap and they keep working and working and working at jobs they hate so they can afford the bulls**t they don't need. It's a sickness I tell ya 
. 
