Please email me at:
Or use the form below.
[contact-form 1 “Contact form 1”]
The no-pants guide to spending, saving, and thriving in the real world.
Part 4 of the Budget Lesson series. Please see Part 1, Part 2, and Part 3 to catch up. The Google Doc of this example is here.
The final category in my budget is “Set-aside funds”. These are the categories that don’t have specific payout amounts and happen at irregular intervals. When my car is paid off, there will be a car fund added to the list, instead of a new car payment.
That is my entire budget laid out. As the series continues, I’ll be examining how I have lowered the bills, how I could lower them more, and how I’ve screwed them up.
You should never be in the company of anyone with whom you would not want to die.
-Duncan Idaho, from God-Emperor of Dune
Some people suck the life out of everyone they encounter. Whether it be through lies, unreasonable demands, emotional abuse or manipulation, or just a vile personalty, the people they meet are worse off for the encounter. The people they interact with every day are screwed.
My time is too precious to waste any of it unnecessarily on people who remove value from it. I like being with people who enrich my life, instead.
Unfortunately, since I’m not an advocate for the use of hitmen, not every toxic person is easy to eliminate from your life.
Toxic people come in 3 basic varieties: professional, personal, and family. There is some overlap between the categories.
The personal category is easiest to deal with. These people aren’t relatives or coworkers, so you won’t see them at family gatherings or at work. I’ve dealt with these people in two ways.
First, there is the direct approach. One former friend, who was really only a friend when it was convenient for him(a pure leech), got told that he wasn’t invited to one of our parties because I was inviting his ex-wife, instead. That was the last time he called me.
The second option is far more passive. I set up a contact group in my phone called “Life’s too short”. At first, I set it up with a fairly insulting ring tone, but I later switched it to no ring at all. I don’t know they’ve called until I check my voicemail. It’s far less direct, but also far easier than the direct approach.
Dealing with the toxic people in your family is more complicated. You’ll see them at holiday gatherings, or hear about them during unrelated visits. You probably have a lot of memories growing up with them, and may feel some level of obligation–deserved or not–to maintain contact. It’s hard to break a tie that you’ve had your entire life.
Can you fix their behavior? It’s worth trying to have a frank discussion about how they are treating you, or the things they are doing. If the problem is that they are constantly bringing over their methhead boyfriends, banning the drug addicts from your home, while still welcoming the relative may be an acceptable fix. If the problem is a constant need to belittle you, demanding they stop may work. If the problem is a lifetime of emotional abuse, it probably isn’t fixable.
Is banishment an option? Can you put that creepy cousin on the Life’s Too Short list? You’ll still have to deal with him at family gatherings, but you can always leave the room when he comes in, right? Don’t engage, don’t participate in any conversation beyond a polite greeting, and don’t offer any encouragement towards regular contact.
It’s possible that it won’t be possible to fix their behavior and that you won’t want to banish the offender. If, for example, the offender is your mother (Not you, Mom!), you may feel a sense of obligation to maintain contact, or even be a primary caregiver at times. This is a line nobody else can draw for you. At some point, the current bad behavior could overwhelm the past obligations. When that happens are you prepared for it? That can be a traumatic break.
The other option, as cold as it sounds, is to wait it out. Nature will take its course, eventually. Can you wait that long, while maintaining your sanity and emotional equilibrium?
Professional toxic people include customers, vendors, and coworkers, none of whom are easy to get rid of.
If you own the business, you can fire your problem customers if the hassle outweighs the benefits you get from the relationship. You can find a new vendor, and you can fire the problem employees.
What happens if you are an employee?
If the problem is your boss, your options are to suck it up, talk to his boss, or find a new job. If the first is intolerable, and the second is impossible, it’s time to polish your resume.
If the problem is a vendor, you’ve got some options. Document the problems, first. Does he make inappropriate jokes, or badmouth you to your customers? Then, research the alternatives. Does one of his competitors offer an equivalent product or service? Take the documentation and research to your boss, or whoever makes that decision, and see if you can get your company to make the switch. The other option, is to request someone new to deal with at the vendor’s company, but that may not always be possible.
Finally, we come to the problem of toxic coworkers.
Some coworkers have the same problems as a toxic boss. Is the company vice-president the boss’s baby brother? You’re probably not going to find a win there. You’ll have to suck it up or move on.
Is the problem person working in an unrelated department doing unrelated tasks? It may be possible to start taking breaks at different times and leave him where he belongs: in the past.
Is the difficult individual sharing an office with you, demanding everything be done his way, and throwing daily tantrums? This is the one that has to be dealt with. He’s the one sucking the life out of you every single day.
First, start making use of a voice recorder. If you’ve got a smartphone, you’ve probably already got one. Otherwise, drop the $20 to buy one. This lets you document the evil. When his behavior goes hinky, record it.
Second, stand up for yourself. If he’s making unreasonable demands, tell him it’s inappropriate. He’s a bully, and bullies tend to back down when they are confronted.
Third, make sure the boss knows about the behavior. Yes, this is tattling. Get over it. If he wasn’t acting like he was a spoiled 4 year old, you wouldn’t have to tell the boss that he was. If the boss doesn’t know there’s a problem, he can’t deal with it.
Fourth, for any problem that isn’t directly aimed at you, ignore it. If he makes a habit of throwing a tantrum because somebody emptied the coffee pot, or because the company switched health plans, let him. Only get in the way if it’s directed at you. Over time, the tantrums will get more noticeable and out of hand, forcing the boss to deal with it, preferably by handing him a pink slip.
Your goal is documentation, awareness, and avoidance. Make the worst of it go elsewhere so you can be as productive as possible, document what you can, and let the boss become aware of the situation and how bad it has become. And be patient. This isn’t an overnight fix.
How do you deal with the toxic people in your life?
It’s been a month(again!) since I’ve written a post for the budget series, so I’ll be continuing that today. See these posts for the history of this series.
This time, I’m looking at how to reduce my “set aside” funds. These are the categories that don’t have specific payout amounts and happen at irregular intervals. One of the convenient features of our set-aside funds–also a feature of our non-monthly bills–is that the money sits in our checking account, providing a buffer against overdrafts. The buffer is big enough that I can withdraw our entire month’s discretionary budget on the first of the month.
I’ve taken a hard look at most of the bills over time, so there isn’t always a lot to cut. Next time, I’ll be addressing our discretionary spending.
My mother-in-law’s house is ready. The walls are painted, the hardwood floors have been sanded and polished, the carpets have been cleaned. Now, we just have to get the lease signed and let the renters in.
This week, we had our first real bullying incident on the school bus. I guess one of the benefits of having a kid who is the biggest in the school is that nobody punches him. My daughter doesn’t have that benefit. She was punched and pushed for being in the wrong seat on the bus a couple of days ago. Thankfully, the school dealt with it quickly. The bus is equipped with video and the little girl copped to it. She’s s off of the bus for a few days and her parents have been informed. Unfortunately, her twin sister seems to be the vengeful type. She came home yesterday lying about how my daughter behaved on the bus and got another little girl to lie about getting hit and bit by my daughter in school yesterday.
How do I know it’s all lies?
First, my daughter didn’t ride the bus yesterday afternoon. She was scared in the morning, so I promised to pick her up from school. Hard to misbehave on the bus when she was cuddling with her mother on the couch. The other little girl–who goes to daycare with the twins just up the street from our daycare provider (who happens to be the grandmother of the twins)–recanted once she was away from the vengeful twin. Her mother filled us in last night. I’m not a fan of a grandmother defending a kid’s lies. No kids are angels, but helping them lie doesn’t make them better people.
I’m aware that I’ve been a bit of a slacker about posting these links. My apologies to everyone who deserved a link but didn’t get it in a timely manner.
Yakezie Carnival hosted by Narrow Bridge
Finance Carnival for Young Adults hosted by Finance Product Reviews
Carnival of Financial Planning hosted by Family Money Values
Yakezie Carnival hosted by Moneywise Pastor
Lifestyle Carnival hosted by Vanessa’s Money
Carnival of Money Pros hosted by See Debt Run
Carnival of Financial Camaraderie #64 hosted by Master the Art of Saving
Carnival of Retirement #52 hosted by Master the Art of Saving
Yakezie Carnival hosted by Your PF Pro
Lifestyle Carnival #33 hosted by Lifestyle Carnival
Carnival of Financial Camaraderie #62 hosted by Savvy Scot
Carnival of Money Pros hosted by Debt Black Hole
Carnival of Money Pros hosted by Making Sense of Cents
Lifestyle Carnival #31 hosted by Vanessa’s Money
Carnival of Money Pros hosted by The Frugal Toad
Money Mail Carnival #5 hosted by The Money Mail
Carnival of Money Pros hosted by Vanessa’s Money
Money Mail Carnival #4 hosted by The Money Mail
Finance Carnival for Young Adults #39 hosted by 20s Finances
Yakezie Carnival hosted by My Family Finances
Carnival of Money Pros hosted by Growing Money Smart
Carnival of Financial Camaraderie #57 hosted by My University Money
Money Mail Carnival #3 hosted by The Money Mail
Yakezie Carnival hosted by I Heart Budgets
Carnival of Retirement #46 hosted by Making Sense of Cents
Yakezie Carnival hosted by The Ultimate Juggle
Carnival of Money Pros hosted by My Multiple Incomes
Carnival of Financial Planning hosted by Master the Art of Saving
Money Mail Carnival #2 hosted by The Money Mail
Carnival of Financial Camaraderie #56 hosted by See Debt Run
Carnival of Money Pros hosted by Finance Product Reviews
Yakezie Carnival hosted by Parenting and Money
Lifestyle Carnival #27 hosted by Femme Frugality
Carnival of Financial Camaraderie #55 hosted by My University Money
Yakezie Carnival hosted by The Ultimate Juggle
Lifestyle Carnival #26 hosted by Mo Money Mo Houses
Carnival of Money Pros hosted by Debt Black Hole
Carnival of Financial Camaraderie #54 hosted by Cash Net USA
Carnival of Financial Planning hosted by Young Family Finances
Yakezie Carnival hosted by Portfolio Princess
Carnival of Money Pros hosted by Thirty Six Months
Carnival of Retirement #41 hosted by Financial Conflict Coach
Lifestyle Carnival hosted by Master the Art of Savings
Yakezie Carnival hosted by Cult of Money
Lifestyle Carnival hosted by Blue Collar Workman
Carnival of Money Pros hosted by Making Sense of Cents
Carnival of Retirement #41 hosted by The College Investor
Thanks for including my posts.
You can subscribe by RSS and get the posts in your favorite news reader. I prefer Google Reader.
You can subscribe by email and get, not only the posts delivered to your inbox, but occasional giveaways and tidbits not available elsewhere.
You can ‘Like’ LRN on Facebook. Facebook gets more use than Google. It can’t hurt to see what you want where you want.
You can follow LRN on Twitter. This comes with some nearly-instant interaction.
You can send me an email, telling me what you liked, what you didn’t like, or what you’d like to see more(or less) of. I promise to reply to any email that isn’t purely spam.
Have a great weekend!
Over the next few weeks, I will be going over my budget in detail.
The first section is income, but that’s straightforward. A line for each income source, bi-weekly, monthly and annual totals. Simple.
Before we start, a word on the organization. There are five columns:
The first section I am actually going to address is discretionary spending.
Initially, we used a “virtual envelope” system. We had a spreadsheet and every time something was spent in this category, we entered the amount and stopped when the category was spent. Didn’t work. We are going on a pure, cash-only system as of the first of the year. No money, no spendy.