I talked about this on my journal yesterday, but I’m in a weird place with regards to budgeting and my mental health: tracking leads to obsessive thinking, but not tracking leads me to have an unclear picture of my finances.
For 3 or 4 years I tracked every penny I made and every penny I spent, and only recently (6 or so months ago) stopped cold turkey. Tracking was incredibly eye opening and I would recommend it without hesitation to everyone and anyone who hasn’t done it for a few months. That said… it was no longer providing any useful data for me… and it was part of a series of behaviors that wasn’t good for my brain.
It was uncomfortable to stop, but was overall a good decision for my headspace. It gave me breathing room and forced me to trust myself and the habits I’d already built up.
That said, I do want to be able to check the temperature of my finances, so to speak, without going whole-hog back into what was (for me) obsessive behavior.
I think I’ve come to a solution that will work (tracking net worth monthly, as well as my checking account balance monthly to make sure things look ‘good’ on a very big picture level).
But I thought this might be a good place for other people to talk about their own struggles/what’s worked for them.
Do you have to balance your mental health with your financial health? How do you do it?