All day long I work with numbers. I look up balances of checking accounts, Certificates of Deposit, Savings accounts, etc. Some people are very fortunate to have many numbers (lots of money) and some people don’t have very many numbers (little money). I’ll never forget the day I deposited a check for over two million dollars. $2,000,000. It seemed like a lot of money when talking about it but in reality it was just a piece of paper with numbers on it.
Sometimes personal finance just seems like you’re shuffling numbers around, shooting for a goal of $0 remaining on loans, and a goal of whatever set amount of dollars in your emergency fund. I know when I paid off my student loan, it was less than dramatic. I felt underwhelmed, like I should be throwing a party or drinking a bunch of Kool Aid or staying up all night playing Wii. There it was, I had $0 remaining that I owed. Big deal.
I think it’s funny how our lives pretty much revolve around numbers. If you don’t have enough numbers in your checking account, you can’t buy groceries. You can’t pay rent or your mortgage. And God forbid if you have red numbers. That is even worse!
Then you think of the people who have many numbers in their savings accounts. They have the fully funded emergency funds, the envy of the people with the small numbers. Are they truly happy? Maybe not, but they have lots of numbers!
I find it a little strange to think that I have xx,xxx. in a savings account but it doesn’t feel like I am rich. It doesn’t feel like I have tons of money. It just feels like I have many numbers in that account that I can shuffle to my checking account if needed, or just leave there to gain more numbers. I think it would feel more real to me if it was cold hard cash.
Do you feel like it’s all just numbers, or is it just me?