As I begin to think about all of the physical problems that I have faced lately, I realized that the symptoms of having low testosterone levels have also had a huge effect on us financially.
I lost my ability to focus and I made several errors, when it came to setting up the various monthly bill payments over the last six months. I wrote about a couple of them already, but at the time that I wrote them, I don’t think I realized that it was my physical condition that caused me to make those mistakes.
Not only did I lose the ability to focus, but I also lost much of my short term memory.
There were times where I meant to send myself a note about something but I would actually forget to send it or to set up a reminder in my calendar about it. There were several times that I had to go to the website of our cell phone & Internet service provider to make a payment on the day that it was due, because I forgot to set up the automatic payment through my bank ahead of time, as is my normal practice.
It would take much longer than normal to set up a biweekly or monthly budget because I didn’t have the motivation or mental stamina to sit there and set up a bunch of mundane transactions, and noting how each one would impact our bank account. I forced myself to work through it because failing to do so would mean having insufficient funds to process certain transactions (which can be costly, annoying, and embarrassing). However, every time I opened my spreadsheets or Quicken, it felt like torture and it took twice as long to complete simple tasks.
For the last six months, I have dreaded doing our finances because I would either take forever to get things done or I would find some transaction that I forgot to set up and it would either result in a late payment charge or with me having to set up last-minute transactions to ensure that didn’t happen.
The only positive thing to come out of this is that it caused me to put safeguards into place so that these things wouldn’t happen again. If you would’ve asked me at the beginning of this year if our finances were foolproof, I would have answered yes (outside of the fact that a couple formulas had to be manipulated in Excel each month). But after this combination of physical and mental ailments caused a few financial breakdowns for us, I realized that we had a lot of room for improvement in the way that our finances were set up.
I’m still trying to make those improvements now and one of the things that I am working on is figuring out a way to get my wife more involved in the entire process. So hopefully as we work out a system, I will be able to write to you and let you all know exactly what we are doing.
Maybe this can also serve as a reminder or warning that if you begin to encounter any physical/mental ailments, you should double check things on the financial front to ensure that you are not making errors or overlooking things that you would normally get right on the first try.
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