The past year has not been an easy one on our finances. We’ve struggled with increased expenses like gas and food, and had a few unexpected expenses (like home and car repairs).
We have felt pretty broke lately. So when we filed our income tax return earlier this month, we realized why we felt that way. We made 10 percent less than we had the year before. And yet, our spending hadn’t changed much.
My husband quipped, “We’re like a goldfish that has grown to the size of its bowl.”
Now, it’s a bit of myth that goldfish actually grow to the size of their habitat. Some very basic research on my part (i.e. Google), indicates that goldfish can actually grow to become large (8 to 12 inches or more), but are usually impeded by their living quarters. As they start to outgrow their bowls, the toxicity of the water, combined with hormones the fish produces, slow the goldfish’s growth. So they’re not really growing to the size of their bowls… The small quarters are killing them.
And so it is with our budget. Our excess spending is slowly curtailing our personal growth. We cannot sustain our current way of life without hurting our ability to thrive in deeper waters.
So we will continue to trim expenses where we can. And we will work to increase our income.
And we’ll try not to live like a goldfish.