Disclaimer: This post is not going to go very in-depth for various reasons, but I still want to put everything out there.
Last week, I got into a car accident. I swerved and hit a parked car. All 5 of my airbags went off and the entire front passenger side of my car was smashed in. I was downtown Milwaukee and it was terrifying. I didn’t get injured (thank God, because my health insurance doesn’t kick in until January), but my car is completely totaled. It could have been MUCH worse than it was in SO many ways and I am very thankful for the people that have been helping me out thus far, especially the person that picked me up after I crashed.
I bought that car brand new just over 4 years ago. I had the payments made so far in advance that none were due until March of 2018, and I had just over $2,300 to go to pay it off. I planned to pay it off and run that thing into the ground because who wants a car payment when it’s not necessary? Nobody.
I’ve always been very good about managing my money but when this happened I fell into complete panic mode. I bought a house this year, doubling what I was paying in rent previously. I just bought a new TV. There are things in this house that need to be replaced. I still have 8 states that I want to travel to before I turn 30. I pay off all my credit cards every month in full. My car was almost paid of yeaaaaars before it was due. I was doing so well.
And then I made a mistake and crashed my almost paid-off car and now I am going to have to reevaluate everything that I’m doing. I live pretty minimal as it is – I don’t have cable, I have basic internet, I cancelled all of my fun subscriptions when I bought my house (and gee dang it I miss Ipsy). The only things I really spend money on are Crossfit, going out for dinner and drinks and traveling. Coming to the realization that I’m going to need to cut back on those things so that I can afford to make a $350 additional payment on something is SO stressful. Managing money as an adult just seems to be getting harder and harder and I don’t really pay bills monthly that I can get rid of at this point – except for traveling and Crossfit.
My plan is to create a budget and really figure out how I’m going to do this. The problem is sticking to the budget – I’ve made several before and have not followed them. I really don’t want to get rid of Crossfit, and I only have a few states left so I really don’t want to give up on that. Unfortunately I think part of becoming an adult is deciding what things are most important and prioritizing them, so if it comes down to it and I need to get rid of those things, I will (even though I’ll literally cry for days like a big baby but WHATEVER).
Anyway, that’s all I really wanted to say. Being an adult sucks. Money management sucks. Crashing your car sucks. And making hard decisions sucks.