353. Have enough to retire gracefully
Updated June 8, 2009
For a long time, I was afraid of money. I was so scared that I would never have enough to live comfortably, so frightened of spending the rest of my life poor that I just tried to ignore money.
The irony is that an attitude of fear about not having enough money is exactly the kind of thing that keeps you from properly managing the money you do have and prevents you from making more money.
Slowly, I’ve started learning about money. I read a few books, but none was so powerful and affirming as On My Own Two Feet: A Modern Girl’s Guide to Personal Finance. I’ve carefully followed it step by step and set up a rough budget for my basic expenses, have started setting aside savings for both retirement and shorter-term savings, and even have some set aside to spend on fun.
Now that I’m taking care of myself and know where all my money is going and am working toward some savings goals, I feel so much more powerful and secure. And I have confidence that I’ll be able to provide for myself in retirement.