Peniaphobia - a Fear of Poverty!
|1. Broken piggy bank|
The peniaphobia topic came up in the Frugaldom household this morning while discussing, of all things, horse racing. I house share with a sports-writing artist and he was putting together an article about tomorrow's Newbury race meeting. There's a horse entered into the Super Sprint at 3.50pm running under the name of 'Peniaphobia' and I found this most amusing. (You will appreciate the irony of this if you have followed the NYK challenges since the 90's and witnessed my outrageous racehorse challenge, which made it into the national press!)
Anyhow, I was wondering if it was some sort of omen and I'm sorely tempted to 'have a wee flutter'. The odds are currently 8/1, so an each-way isn't out of the question, if I can find a free bet anywhere! Please do NOT take this as any sort of tip, as I am just pointing out the name of a horse while thinking 'aloud', I am not suggesting anyone does anything more than simply read this blog post.
Since fully embracing 'frugaldom' and deciding to give all debts the heave-ho, I definitely found myself over paying regularly, rounding my debts down to the nearest whole pound, then £5, then it had to end with a zero and so on until the debt was cleared.
Debt freedom came with a little less of a bang than I had expected - I'd become accustomed to all the rounding down, over paying and seeing debts shrivel before my eyes, living on a tiny budget had become normal!
Happy to see my debts gone? Yes.
Ecstatic and celebrating? No!
I needed more of a challenge, so the focus switched to earning extra to build some savings. Pretty soon those saved pennies had to reach pounds, then fives, then tens and, before I knew it, I was obsessing about reaching the next hundred and then even the next thousand! At no point have I experienced any real fear of spending money, nor any fear of going broke or even of the money itself. After several years, I ended up blowing almost all of it on a share in a fixy-up property. But now that I come to think about it, the operative word here is 'almost'!