It’s month end!!

97/100

Before I dive into the topic, I have to say what I keep saying “adulting is so hard”. Where is the pause button on this adulting business? Need one everytime I have to plan my finances. I am not a big spender so not like I have to control anything but adulting, in general, is expensive. Feel me yet?

I want to start with a very happy and cherished memory. I am very close to my grandma, like very. My mom worked as a teacher (she is now retired) so I was brought up by my grand mom too. I anyway think my mom is a super mom because I never ever felt like she was not there at any point in my childhood. But, my mom is not a gossiper! She hates being nosy and always allowed me to share what I wanted. This was not the case with my grandma. She wanted all details, which friend is doing what, who said what to whom. Everything. So naturally, I shared a lot with her. I still do. As a retired RO herself, once she is done with newspaper and daily tv, she still needs real life gossip. So yes, since I was so close to my grandmom, when I grew old enough to get pocket money, it was she who I asked. As she was aware of where I might spend it, it was easy to ask her. Not that my dad would have asked me where I am spending, he is a big spender himself so would have been easier to ask him. Anyway, so considering the free yet disciplined upbringing I had, grandma decided I’d get 1000 bucks to start with. I was really small and really had no use except for buying presents for someone I love. So, I started to save it apart from general expense or if I went on any outing. No one asked me to save it, I did that on my own. I remember my grandma teasing me that since I have saved it, there is no need for more money until that’s spent and me crying to mom, announcing how it was unfair. Words like “it’s my right to receive” were used. It made everyone laugh and obviously the money kept coming in. It increased as I went to college and soon after college, I got my first job. My dear old grandma suggested that now she does not need to pay me, to say I was heartbroken is an understatement. Sure, I will earn but how can she stop giving me the pocket money? It had a sentimental value for me. I think she must have seen how hurt I was when my face fell so she said she will continue. I was happy again. Even though I was earning, I don’t think I understood adulting. All the bills at home, even my rail pass (since he got his own, he used to get mine too) was something my parents were taking care of. All I did was bought occasional gifts or ordered monthly ration for home. That too sometimes. Pocket money continued. It has only stopped sometime ago as my grandma said, “you need to give me pocket money now”. Like she would ever need my money! Even now, on birthdays, festivals and just like that too sometimes, they gift me in cash. I never say no, I love getting that. As I said, it has a sentimental value for me. From getting phone from parents to buying phone got them, the roles reversed. But what has not changed is that they are older to me so I still must get gifts from them (being the youngest in the house)!

Cut to now, when I am almost adulting (not really still). Paying all bills, get groceries, it’s all clear on what being independent actually means. When you sit at month end or start to manage the finances, it is a big task. Also the one I really hate. As I said, I like saving. So even checking the options on where to save is so tedious and needs such constant monitoring. Earlier my mom did all the bank work for me, even when I insisted she let me. She said she has more time than me so it’s only logical she helped me, it was true too. I hate monitoring markets, I have a agent who does so for me. I wish there was an agent to manage the bills too! I am already dreading the next salary credit because I will need to sort what goes where!

What’s your idea of financial independence and do you like managing your finances? Looking for tips!

22 thoughts on “It’s month end!!

  1. I started working when I was in the 9th grade. I worked for many years until I made enough which now means I no longer need to work. It wasn’t easy and yes times were hard and I agree being adult is not always fun. There are friends of mine who have much more than me and our friends who have less than me. I have friends who are struggling and I try to help them when I can. Yes inexpensive car may be nice but even a less expensive one will get me to the places I want to go just as well. I don’t know if I really have any tips other than material things Will not necessarily bring you happiness.

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    • This is so inspiring. I also wish to live a lazy life so I work now. Even though it is hard, I continue to stick to adulting for this very reason. Glad to know it works πŸ™‚ so kind of you to help those you might need it! Lovely. I don’t think it’s the expensive things that help, it’s more about the utility and what gets the work done!

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  2. Haha, my grandmother, aunts and mom also give me some money ‘for tickets or ice cream’ when i visit them.
    I used to have problem with taking it, but learned to accept it. And bring something nice for them πŸ˜‰
    It feels at least a bit better, when there’s a gift from me πŸ˜€

    Regarding financial independence – for me it started when I found job which let me pay all the bills, food and other needs. I started working being 17, to cover some of my needs and saved to buy a camera, but it was rather making myself feel better than true independence πŸ˜‰

    I remember that buying local/seasonal food from small vendors in a market saved my life during university studies. It was cheaper (and better) than outside the season or in shops.

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  3. Money is not as hard a subject as most people want to make it.

    Spend less than you earn AND make an effort to increase what you earn via honest means. Avoiding “shopping therapy” and appreciating what you have is a key part of that as well. It’s OK to want more, just be willing to delay gratification and work for more instead of feeling entitled and/or buy on credit.

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  4. money goes but it also comes. dont stress it too much! enjoy your life!! lol i say that but we do worry about money. honestly i have no tips other than to not worry about it haha❀️

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  5. I have given everything I had away, several times too, houses, cars, cash and quite a lot of it…. these things don’t seem to agree with me…. if you have any tips do let me know lol Iol lol

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  6. Well I don’t think I can give you any idea about financial investments and savings…there are so many things out there…it’s tedious and confusing…that’s where the men in my life chip in with their knowledge and the only time I give their opinion more importance than mine πŸ˜›πŸ€£

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  7. Well, I am not the best one for advice on finances, though I am better at it today. Like, Alec, I have disabused myself of most things, live in a small apartment, furnishings from the local thrift store, and have few sentimental items, pics of the boys, books, art, etc. One thing I know about “managing finances” since I also do it for work, is that it takes creating a pattern, or habit, and a system (think spreadsheet or other tool), and then tracking all spending, and then repeating that each day, week, month, etc. I should also note that for the majority of adulthood, until now, I was a spender, on all things large and small. That has subsided quite a bit, and though I didn’t like to save money, I do find this a good practice today. Maybe there is something in there useful, not sure. Love the post, Pooja.

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  8. I love planning my finances. I have maintained my bank recon since 3 years now and that helps me to be in control of my finances. Last year, I started investing in IPOs too and find it really exciting. I am a spender too but being aware of my expenses does help me keep a watch on unnecessary spends.

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  9. This is such a lovely post:) Financial independence for me is where I don’t have to ask my parents for any money. I’m not a big spender myself. Previously, I used to feel guilty on spending dad’s money for anything fun. But now I can do it without much thought and nobody questions me anymore! Managing finances is something that I struggle with too. There’s so many financial planning pending to be done,phew!!

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  10. I am really bad in planning finances. I only know how much I earned in 10 yrs Career. Spendings by tjose were fortunate to avail my earnings on thrir families n health issues. With God’s grace slowly on track. My hubby does all plans well but he can’t control on spending outside foods. I am opposite. But it’s very important to have proper fon plans in place while we are earning. Great share dear.

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  11. Adult life is all about financing so one might as well get the hang of it! It’s a great feeling to be financially independent and is empowering. But childhood years when one is voluntarily “financed” by sweet grandmothers and the rest is fun but one wouldn’t want that in later years! So better to get sorted and pare down and save but sooo difficult with Amazon a click away and Swiggys and ZomatoπŸ˜›Niice post!

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