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I have recently had a setback in my finances and I am very upset about it.
I have been in business for almost three years now, I rent apartments/houses on behalf of landlords and I also do property management.
The volume of people getting me to rent apartments is really low right now, I am surviving on my property management which does not pay all that much.
So my hubby is after me to cash some investments in to pay stuff like bills which are piling up. I feel like I'm going backwards and really depressed about it. I have worked really hard to put my small investments away. Like $50 and $100 at a time for about the last three years.
We live a very frugal life style. Last year after expenses my income was only about $15000. Granted I am self employed so I get to claim expenses first. There are the three of us living on that. I have no rent or mortgage to pay. I also usually contribute $327 per month to my son's RESP. He is fully funded pretty much.... i have cancelled this to increase our cash flow a little.
Anyways after all this scraping and saving and coupon clipping I am having to cash in some RRSP's. Really not just so much a question of the money but rather the emotional feeling of losing ground.
Anyone else have some stories about this? My hubby is getting testy because I am taking this really personally he says "this is a bad recession due to your planning we have something to fall back on" but I am not gruntled about it.
I have been in business for almost three years now, I rent apartments/houses on behalf of landlords and I also do property management.
The volume of people getting me to rent apartments is really low right now, I am surviving on my property management which does not pay all that much.
So my hubby is after me to cash some investments in to pay stuff like bills which are piling up. I feel like I'm going backwards and really depressed about it. I have worked really hard to put my small investments away. Like $50 and $100 at a time for about the last three years.
We live a very frugal life style. Last year after expenses my income was only about $15000. Granted I am self employed so I get to claim expenses first. There are the three of us living on that. I have no rent or mortgage to pay. I also usually contribute $327 per month to my son's RESP. He is fully funded pretty much.... i have cancelled this to increase our cash flow a little.
Anyways after all this scraping and saving and coupon clipping I am having to cash in some RRSP's. Really not just so much a question of the money but rather the emotional feeling of losing ground.
Anyone else have some stories about this? My hubby is getting testy because I am taking this really personally he says "this is a bad recession due to your planning we have something to fall back on" but I am not gruntled about it.