Adulting is scary enough without all your expenses arriving at once. Here’s how to make the everyday financial frights a little less terrifying.
It’s almost Halloween! But while everyone’s talking about zombies, haunted houses and horror movies, nobody’s talking about the real nightmare that strikes adults all year round: Everything. Happening. At. Once.
You know the one. It’s month-end. Your debit orders are circling. Your car has started making a suspicious noise. And somebody in the family WhatsApp group has just reminded you about a birthday present you forgot to buy.
Forget the haunted house. This is terrifying. Do you recognise yourself as the lead in any of these “adulting nightmare” scenarios?
The Month-End Jump Scare
You check your bank balance on payday and, for one glorious moment, you feel rich.
Then the debit orders arrive. Rent or bond. Medical aid. Insurance. Internet. Subscriptions. School fees. Electricity. Groceries.
One minute your salary is there. The next, it’s almost as if it never existed.
Top Tip: Make a list of your fixed monthly expenses and total them before payday. That way, you know what’s already spoken for before you start spending.
Alone In The Dark
Just when you think you’ve accounted for the essentials, everything goes dark. Your prepaid electricity has run out.
Keeping the lights on is one of those expenses you simply can’t ignore. And naturally, it always seems to run out just as everything else is due.
Top Tip: Keep an eye on your prepaid balance and budget for electricity at the start of the month, so you’re not caught in the dark at the worst possible moment.
The School WhatsApp Group Of Doom
Parents know this particular brand of horror. A school trip. New stationery. Sports equipment. A costume needed by tomorrow. Individually, these expenses might be manageable. It’s when they arrive alongside everything else that your budget starts screaming.
Top Tip: Set aside a small amount each month for school extras. It can help soften the blow when the next last minute expense pops up to haunt you.
When All The Monsters Arrive At Once
Life rarely gives you the courtesy of dealing with one expense at a time. You can’t prevent every unexpected bill, but you can make the predictable parts of life a little less scary.
A monthly budget can help you see what’s coming, while an emergency fund can give you somewhere to turn when an unplanned expense appears. Even putting away a small amount regularly can help create a buffer over time.
And then there are the bigger things worth planning for now, so your loved ones have one less thing to worry about later.
Take One Scary Thing Off The List
Life insurance is one of those pieces of adulting you can put in place before you need it. With MiWayLife, you can make sure the people who depend on you have financial protection in place if you’re no longer around to take care of them.
And because all MiWayLife policies include funeral cover, you can tick two important things off your Adulting List at once.
Because being a grown-up will always come with the occasional horror story. “We’ll deal with it when it happens” doesn’t have to be one of them.
Why not get an obligation-free quote from MiWayLife today?
Did You Know:
You can now take out life cover with us online in a few simple steps. No calls and no agents! Make sure to take care of those you love today by buying MiWayLife cover online.
