In July, I published a post about bad financial habits. One of my top bad financial habits happens to be letting money control my life. I know that a lot of you consider this a bad habit of yours as well, as a ton of you said that you had the same habit.
I am very guilty of letting money control my life. Everyone knows this, and I probably have the label of “The Biggest Worrier in Personal Finance.” Letting money control my life is a big part of my life that I do not like. I let money control me in that I think about money before I think about my health. I am working a ton of hours every week, when I should be thinking about my health and enjoying life.
I also calculate our financial goals all day long it seems like. I am always afraid that we will fall behind with a financial goal, and I will let it eat me alive. Fact is that we are doing good, so why do I let everything bother me so much?
I keep a huge buffer in our checking account because I am afraid that I will forget about an expense. This is definitely not good because this means that I am earning around 0% interest when I could be investing this money instead. [Read more…]