Last year I posted a top ten financial frights list, but that was more of a general frights list. Things that could happen to anyone. This year, I’m getting more personal, and limiting my list to 5 frights, because if I had 10 I’d be sleeping off about 30 Xanax, not writing this blog.

Stock Market Roller-Coaster
I’ve mostly recovered, but I spent the early part of the year avoiding my 401K statements. It was just too scary to think about the 50% I’d lost. That was pretty darn scary, as I’m sure you know, too.

Credit Score Obsession
When I was applying for mortgages, I spent a lot of time stressing about my credit score. How much would each application ding my score? What about my credit limit reduction? What if we charge a little extra this month? What if an error shows up on my credit report? It only got worse when our mortgage went to underwriting. We were approved, but that was a really, really stressful six months right there, and I have excellent scores!

Buying a House
This is exciting, and exhilarating, and thrilling, and all that good stuff. It’s also the most terrifying thing I have ever done. (Note: I haven’t been through childbirth yet.) One day, you’ve got a big wad ‘o money in your bank account and you’re feeling pretty good. The next day you’ve signed an inch of paper and most of that money is gone. Eek!!!

Furnishing a House
Once you’ve got the house, you need furniture to fill it. We’ve bought precisely two pieces of furniture for our new house: a sofabed for the guest room and a patio set. And the patio set was a gift, so we didn’t even buy it. Everything else will have to wait. In fact, we’d planned to buy a dining room set for Thanksgiving, but it’s sold out until after Thanksgiving, so that patio set will come inside for Turkey Day. I know it’s extravagant, but I’m just fancy like that. One reason we’ve delayed buying furniture: the upcoming surgery. Another reason: buying furniture is exhausting. What color, what size, how many pieces, where to get it, how much to spend. Frankly, it’s that last question that gets me. I vastly underestimated the cost. So, rather than $5,000, we’re looking at closer to $10,000. Can you hear me screaming?

There’s nothing that will blow your budget like an unplanned medical expense. Okay, we can sort of plan for the surgery. The doctors say that there’s no rush, but my husband is in pain. The pain will only get worse. We have insurance and disability coverage, but there goes our furniture-buying plans until this is all over. At least the cats will have a while longer to play in our big, empty living room. My car is less happy about this development. It was due for replacement by the end of the year. Everyone say goodbye to Aryn’s new car. Can you hear me crying?

It’s fair to say that it was a pretty scary financial year for everyone. My frights weren’t as scary as most people’s, but they were scary to me. How was your 2009? Share your financial frights in the comments!


3 Responses to “My Top Five Financial Frights for 2009”

  1. yas on November 2nd, 2009 10:18 am

    we also just moved to new house last july and furniture issue still a conflict between me and my husband. He say we have to wait till we find what surprises the house will bring with it or better making big renovation as the roof,Fence and kitchen but for me i am bit upset to have a big empty rooms as your case.
    tell me your opinion about it am i talking non sense.

  2. Aryn on November 2nd, 2009 12:41 pm

    I don’t like having big empty rooms, but our cats love it! I’d honestly hoped to have it all furnished by now, but well, it just didn’t work out.

    We don’t have any REALLY big stuff to deal with, like renovations, but if you do have major expenses, it might make sense to hold off on furniture purchases. For one thing, then you won’t worry about getting kitchen renovation dust on your brand new furniture. And also, if you open up walls or anything, then you might want a different style or size of furniture. But, if you plan on having guests, I suggest you furnish the guest room quickly!

    I’ve been focusing on little things right now, like paint, curtains, blinds, and other small touches that make it feel homey, but aren’t expensive.

  3. Carnival of Personal Finance #229: candy edition — the ¢entsible life on July 24th, 2011 7:20 am

    [...] My Top Five Financial Frights for 2009: Aryn shares her top 5 financial frights from this year. Entertaining, and something most of us can relate to. [...]

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