What if Someday in the Future, You’re on a Fixed Income and you Find yourself a Hundred Dollars Short for Groceries?
Sometimes, we can’t just go ask for a raise.
What if you are a little short on cash from time to time?
Maybe you are retired.
Maybe you are hurt.
Maybe you are on commission, and sales are just down right now.
You have always conscientiously applied the envelope system with your varying income. You first put x number of dollars in your rent envelope. Next, you put this other amount into your electricity envelope.
You know your prescriptions will cost another x number of dollars.
You keep track of what you spend each month on food. Grocery shopping. You clip the coupons, and buy stuff on sale, and the monthly amount is amazingly low if you are careful.
On the third Wednesday of each month, you take the total of your income and issue it into these envelopes, and you fill each one to its correct amount.
Life would be so much better.
Life would be so much better if that did not have to be done.
But sometimes it does, with a finite income. Be sure every envelope gets served.
And what if an accident happens to something you own or to your body? Then what will you do?
I know that not everyone is in this situation, where every dollar counts so much. But if you ever do come close to that point, wouldn’t an extra couple hundred dollars be heavenly?