Some of you may know that I finally figured out that even though I lost no business, I have been impacted by the economy. I haven't had to sweat out being called into HR or looking for a job, but the results are kind of the same. It's been a long rethinking of my financial situation as I am used to not having to think about money. I always felt I lived within my means, but I was also used to buying the best (well, within reason) and not having to look that closely at the pricetag.
I have been putting off purchases to those things I "really" need. Suze Orman always talks about the differences between needs and wants. I have broken the habit of the email lure of 30% off, 50% off highest item, free shipping, etc. That's been a while now, and I have to say I enjoy getting emails where these companies "miss" me.
I finally caved in today and bought a new mattress. My current one is just too uncomfortable -- I think this one was a lemon as I only have had it for about 5 years. I was dealing with one of those "live chat" people and told her my budget was $500. I had looked at a bunch of mattresses -- and sure I'd love to have the TempurPedic --- but the truth is I can't afford a $4000 mattress.
I have to say I didn't feel too bad in that I am not the princess and the pea. Buying the "best"
mattress is no longer an option and I will survive on my $500 mattress. Delivery is free, and I did pay to have the old mattress taken away (not just left on the curb). She also sold me the super-duper mattress cover which protects the mattress from everything from spills to dust mites -- and gave it to me at half-price.
I was thinking all of this is probably good rehearsal for retirement where I will be living on a fixed income, no doubt, and not riding a horse through my vineyard. I am not ashamed of this money situation as I know many of my friends, probably most of my friends, are in the same position. It just surprises me on a macro-level. Never did I think I'd be concerned about money at this stage of my life. I will say I have a robust nest egg -- I really do -- but I worry Is it enough?