Squeeze stories are everywhere. It’s not unusual to get squeezed by your money becuase things can sometimes get out of hand so quickly that you hardly realize what’s happening and then it’s too late. But it’s never really too late, you can always take back your power and use the squeeze strategies to get back on track.
Here are a few of the stories we have encountered. Happily these people are all getting back on track but it was tough when they were going through it. I hope reading their stories helps you and we would like to hear your story and how you triumphed or created a better ending so send us your Squeeze Story.
Stephanie, Ron and b
aby Jasmine
Ron and I have been married for three years and we can’t seem to get on the same page when it comes to money. Things were going along fine until we had out first child and then everything changed. Up until then we both had separate accounts and we contributed to a household account and Ron basically paid the bills. However, I had a really difficult pregnancy and had to leave work for almost six months. During that time, I admit it, even though I didn’t contribute anything to the household bills, I continued to spend like I always did and that angered Ron who had to carry the entire household burden. In one of our counseling sessions he called it ’frivolous’ spending. Well I don’t think it was really frivolous, those where things that both the baby and I needed. I didn’t know it but I guess I used up all of our savings. But that’s not the point. The point is that money is ruining our marriage. We can’t agree on anything, not even how and when to pay the bills. We decided to put all of our money into one account to simplify things but that is just not working. Late fees and interest are racking up and checks are bouncing all over the place because no one is keeping up with the day-to-day stuff. Ron is so angry I don’t think he cares anymore and I don’t know what to do. I love my husband, but I don’t know how much longer we can go on like this.
Kirstin
I have always equated managing money with going to the dentist — something I know I should do at least once in a while but something to be avoided as long as possible though I have made several attempts. I started a 401(k) at a previous employer, but I never signed the final paper to start funding it and there was a 6% match. I know money down the drain. I set up an IRA and had the best of intentions to put something in it, but I haven’t done that as yet either. I even started a budget but I didn’t know what to do with it. I always thought that Mr. Right would come along and handle all of this kind of stuff but he hasn’t shown up yet and the clock is ticking. I’m still young (41), but I would like to retire someday whether I meet Mr. Right or not.
The problem is I have waited so long I scared to do anything. I’m not sure where to start and what to do first, and I’m terrified that I will make a mistake, and I don’t think I can afford to make too many of those at this stage. I’m really hoping that Squeeze can help me get started because I’m stuck.
