I've had a four-month grace period on the credit card I got to buy my new iMac with. I now have a choice: Pay the whole thing off, interest-free, or start in with monthly payments and interest.
There is definitely some Capricorn/Cancer in me because a part of me is saying "No!" to paying it all off because that will deplete my savings account! My wonderful fat-and-supposed-to-get-fatter savings account! It's going to take months and months to get it back up to today's level if I pay all that bill off now! And I'll lose interest! Whiiine!
Thank goodness for the voice of reason. I have no clue where it comes from or if it even has an astrological association, but I like the way it sounds, all calm and manly firm and reasonable. It's saying that if I owe myself the money instead, as it were, I won't be charged interest; I will instead slowly regain it, with interest increasing right along - a lovely win-win situation. Are you listening, Keera?
Yeah, I'm listening.
Finances. Before I was all into this business of having a savings account (started that when I turned 40), financial decisions were so easy: "Money come" minus "money go". If that little equation left me with no or some money, all was well. If it left me in the red, reduce "money go". I'm the sort of person who will spend $500 in a day if she has it, or make $10 last 10 days, if necessary.
But there's another side to finances: Attitude. And I don't mean the attitude to the math part, but the attitude to money itself in the first place. Like my whine above. What exactly is the problem? I bought an item I could have paid cash for at the time by dipping into the savings account then, and it is an item I really wanted and that is giving me a lot of joy.
I was discussing financial attitudes with friends in e-mail and told this story about one method I had for psyching myself into a generous and positive attitude about paying bills: With the electric bill, for example, I would imagine that some father of three worked for the utilities company and my check was helping him take care of his family. It is a far better fantasy than imagining I'm going broke every month. And it's not like electricity is a negative. Try to do without! In my home, it not only powers my lights and refrigerator and TV and cell phone recharger; it is the reason I can even blog - and nowadays pay bills because it's done online now.
I don't have bills to pay; I have bliss to pay.