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Betty Anne Grillo

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Member Since: May, 2012

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The Symptoms of an Unhealthy Budget
6/22/2012 10:10:11 AM

Part Two: Can I get myself out of financial trouble?

Can I get myself out of financial trouble?

If you read my last post you found a list of questions to help you determine if you are in financial trouble. I know the discovery of an unhealthy budget is sometimes overwhelming. You thought that living day-to-day was going to be temporary, or you could catch up on the overdue mortgage or rent when your tax refund check came in. Maybe the overtime you were promised at work never came through. What usually happens when you plan on spending any lump sum of money to catch up on past due bills is the need to spend it on unexpected, unavoidable expenses—even emergencies.

When you don’t have enough money for the essentials, you invariably need to spend even more. It never fails--and as times goes on the snowball continues to grow!

Don’t worry—your situation is not a lost cause. Many before you have survived and found a way out of tough financial situations, and you will too. I know it. Now that you know the truth, or are facing the truth honestly for the first time, you can take preliminary steps to begin to work out the details.

You probably have an unopened pile of mail hidden away or tucked into a drawer, maybe shoved into your purse so your spouse won’t find it. Out of sight, out of mind only works for the short term—and your spouse will eventually find what you have hidden. What I want you to do today is dig out that stack of mail and begin the process of opening it, then sorting the most important pieces down to the least important, and touching each envelope only once.

Get rid of the junk mail first. It serves no purpose, and is only taking up valuable space in your house. Clutter can make your mind feel overwhelmed. Start with the easiest task that also makes the biggest overall impact to your stack of envelopes. If you can still see over the pile once you've thrown away the junk mail, all is not lost!

Once you have shredded the pesky junk mail and thrown it away, it is time to sort through the real envelopes. You may have your own system, but be sure you check them one envelope at a time. Make a pile for regular monthly bills (mortgage, rent, utilities, etc.), credit card mail (bills and notices from collection agencies), medical and health insurance mail (insurance premiums, bills and statements), and then miscellaneous mail--any envelopes that don’t fit into any of the first three categories.

After you have gone through each piece of mail you will have a clearer picture of the obligations you face. Some are re-occurring each and every month, but you only receive others once in a while or infrequently. You must now keep these piles separate, and add new mail to the correct pile as it comes in. Find an inexpensive way to store these documents such as an accordion file or alphabetical folder until I tell you what to do with them next. It is too soon to throw away any important statements or copies of pay stubs. You may need these later, even if it turns out that some are duplicates.

Stay with me for the next few days and we’ll work through this difficult process. Read Part Three of: The Symptoms of an Unhealthy Budget tomorrow. We will tackle the piles together--one day at a time--to improve the overall health of your household budget.

All my best!

Betty Anne


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More Blogs by Betty Anne Grillo
• What Your Neighbors Don't Know Abour Your Life - Wednesday, July 11, 2012
• A Special Needs Child in the Family - Tuesday, July 10, 2012
• Uncertainty creates fear and anxiety - Monday, July 09, 2012
• Bankruptcy is a fresh start, not a disgrace - Friday, July 06, 2012
• Could "book smarts" ever replace "street smarts"? - Thursday, July 05, 2012
• #Food for Thought—and I sure hope you’re #hungry! - Wednesday, July 04, 2012
• The Passing of Andy Griffith - Tuesday, July 03, 2012
• New day, new desire, new direction! - Monday, July 02, 2012
• SUNDAY SILLIES 07-01-2012 - Sunday, July 01, 2012
• The other “B” word – #BUDGET - Saturday, June 30, 2012
• The Truth is Always Somewhere in the Middle - Friday, June 29, 2012
• Time to take a #SCOTUS breath! - Thursday, June 28, 2012
• Do men and women handle #bankruptcy differently? - Wednesday, June 27, 2012
• Do men and women handle bankruptcy differently? - Tuesday, June 26, 2012
• The Symptoms of an Unhealthy Budget: Part Four - Monday, June 25, 2012
• Louis Gossett, Jr - Sunday, June 24, 2012
• SUNDAY SILLIES 06-24-2012 - Sunday, June 24, 2012
• Have you had a part in saving a life? - Saturday, June 23, 2012
• The Symptoms of an Unhealthy Budget: Part Three - Saturday, June 23, 2012
•  The Symptoms of an Unhealthy Budget - Friday, June 22, 2012  

• The Symptoms of an Unhealthy Budget - Thursday, June 21, 2012
• Can you really negotiate with credit card companies to pay less than the full balance? - Wednesday, June 20, 2012
• Do your elderly parents have trouble paying their bills? - Tuesday, June 19, 2012
• Do money problems cause break-ups? - Monday, June 18, 2012
• I'm late, I'm late, for a very important... - Friday, June 15, 2012
• WHEN THE “B” WORD STANDS FOR BANKRUPTCY - Thursday, June 14, 2012
• Has your net worth decreased dramatically? - Wednesday, June 13, 2012
• What dreams have you had to put on hold? - Tuesday, June 12, 2012
• How much longer can you hold out? - Monday, June 11, 2012
• Sunday "Sillies" 06-10-2012 - Sunday, June 10, 2012
• Saturdays aren't the same for you, are they? - Saturday, June 09, 2012
• When charging items like food and gas purchases get us into trouble - Friday, June 08, 2012
• If money can fix it, it's not a disaster - Thursday, June 07, 2012
• I know it feels good to shop, but... - Wednesday, June 06, 2012
• Your health is most important! - Tuesday, June 05, 2012
• Common Personal Bankruptcy Myths and Facts - Monday, June 04, 2012
• Sunday Sillies June 3, 2012 - Sunday, June 03, 2012
• 383,000 New Unemployment Claims - Saturday, June 02, 2012
• How Much More Can You Take? - Friday, June 01, 2012
• Life is too short to face financial problems every day! - Thursday, May 31, 2012
• A new book about surviving widowhood - Wednesday, May 30, 2012
• A handshake and a smile - Tuesday, May 29, 2012
• Where did all that money go? - Monday, May 28, 2012
• Sunday "Sillies" - Sunday, May 27, 2012
• Unemployment numbers - Saturday, May 26, 2012
• The Launch of Sunset Dream Books - Saturday, May 26, 2012

L'harmonie et le contraste, l'atout féminin (livre I) by Antoine Raphael

C'est la version française de l'ouvrage publié par "Harmony and Contrast, the female impact". C'est la première édition française..  
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