When do the money worries stop?

archer7

From my point of view, this doesn't sound like a good thing. The words you're using are "worrying" and "fretting" and you're saying you can't "relax". I suspect I'm similar to you in terms of organising my finances - I'm always checking online banking and thinking of how I can save money etc, but I would never describe myself as "obsessed". Despite my love of saving money, I never really "worry" that much at all.

If I don't reach my savings goals, I know my lifestyle isn't going to be significantly affected and that's all that really matters. Have you tried talking to friends/family about your worries?

backinbusiness

Hi Lee

I don't think you need worry unduly.

After so many years striving to become debt-free it's natural that your mindset should have changed.

When I first became debt-free I took the children out for a meal to celebrate. When they asked for a dessert my first thought was "Oh no - that's another £6 on the bill!".

As other posters have said - think of it as being in control - which is a great feeling.

Far better to be a bit obsessed with saving than spending without any thought to consequence.

You say you are able to enjoy your money - and why not - you worked hard to get into the position you are in.

If you have other anxieties however, perhaps it might be worthwhile discussing them with your GP - otherwise - well done and reap the benefits of your hard work.

Regards

Name:_Lee

archer7 wrote: »

From my point of view, this doesn't sound like a good thing. The words you're using are "worrying" and "fretting" and you're saying you can't "relax". I suspect I'm similar to you in terms of organising my finances - I'm always checking online banking and thinking of how I can save money etc, but I would never describe myself as "obsessed". Despite my love of saving money, I never really "worry" that much at all.

If I don't reach my savings goals, I know my lifestyle isn't going to be significantly affected and that's all that really matters. Have you tried talking to friends/family about your worries?

Hi Archer7,

This is pretty much the first time I have spoken about it to anyone. Having done so I am going to make a concerted effort to stop referring to it as "worrying" and "fretting" etc and start thinking about it in a more positive light.

I do need to adopt this kind of attitude - 'If I don't reach my savings goals, I know my lifestyle isn't going to be significantly affected and that's all that really matters'. I think one of my biggest everyday fears is that if I lost my job everything would come tumbling down around me... The reality is I have more than enough money to survive for 6 months without work, at that point there is JSA etc. I'm not an intern anymore trying to break into a difficult profession (I now have 3 years good experience and so could probably get a new job with relative ease), and I have great friends, family and fiance who are all on my side.

MilneBay wrote: »

My problem is that when it comes for paying for the carpet, I always think 'well I could take it out of my current account and just get by' and then I can keep the money in my savings account and enjoy looking at the figures. Ridiculous as this is specifically why I had it sitting in a seperate account!

Hi MilneBay,

I do this too... I save around 20% of my salary each month into a separate savings account for items like holidays, gifts, unexpected purchases/ bills etc... More often than not when things like this pop up I use any spare cash in my current account to pay for them, and bank my savings each month into my ISA

Thanks to everyone else for your kind words and opinions

[Deleted User]

As great as it is to be organised, this sounds more obsessive and maybe there's something subconciously that you really don't want to think about eg memories or past experiences, so you fill your mind with money worries.