A few weeks ago, I bumped into another grade 1 parent at the park, an acquaintance I knew from school events. As we chatted about our strange time since mid-March (working from home; restless but resilient kids; he hadn’t stepped foot in a store for 3 months...), he made an interesting remark:
We’ve looked at our bank account at the end of each month and thought, “what were we spending all that money on?!”
Many people have lost jobs or decreased employment this year. But, there are many others who have continued to generate the same salary, with reduced expenses.
Some everyday expenses were simply on pause and will eventually come back around (or have already by this point): haircuts, dentist appointments, errands deferred...
But, there are other missing expenses that, like my neighbour, may have you wondering: What even were we spending on? Did we even miss these expenditures?
I suspect that some of my neighbor’s mysterious spending could fall under the banner of “lifestyle creep”. Coffee shops, meals out at restaurants, birthday party gifts, idle spending while browsing the mall or the grocery aisles (this phenomenon doesn’t exist with online grocery shopping!)... etc. Not the essentials, but some of the things we spend on with discretionary money, as we have margin.
What a fantastic opportunity right now to re-assess this kind of spending!! To ask: does this kind of expenditure actually improve the happiness of my life? When I didn't do this or buy that, did I miss it?
For some of the subjects of these questions, the answer will be a clear yes, and some will be a (perhaps surprising) no.
We went for a dinner date and felt delighted to both enjoy the meal at a favorite restaurant and support a business that we want to succeed. On the other hand, Wayne also said that he had been getting a $5 coffee every time he delivered our parcels (pre-covid) and after the cafe re-opened, he felt like he only wanted to go once in a while.
Does this experience resound with you at all? What are the yes-worth-its and nah-maybe-nots that have arisen from a decrease in expenses? Share with me in the comments below, or email me.
It feels so disappointing to me and, well, financially gross, when I’ve spent money on clothes that turn out to be a complete dud. The sweater that gets pilly and gnarly after a couple wearings; the jeans that distort as I wear them or rub down the knees in months.
Conversely, one of my great delights is enjoying clothes that are made well, fit nicely, and hold up because of good workmanship and materials.
But, here's the rub... good quality clothes, made from solid materials, constructed to last: they cost money!
I love to read, and I love to read memoirs. There are loads of lists out there of great memoirs, and, well… this is another one.
Some titles will be familiar & common, though I’ve left out some faves that I’ve already mentioned (many times) before — Born A Crime, The Glass Castle, Bossypants — in favor of other titles [though, truth to tell, I have also mentioned some of these before.]
I hope that you can find something to read over the holidays! Happy Reading!
I've said before that while I advocate for shopping thoughtfully & being slow... I love gifts! Actual, tangible, pull-the-wrapping-off gifts.
We want to make the gifts that we give worth it. Worth the money, the materials, the effort... So, how to choose a thoughtful gift that will be meaningful to the recipient?