Claiming Independence Day As The Official Holiday Of Budgeting


We are getting ready to go to Lake Tahoe for five days for the 4th of July. It’s the longest trip we’ve taken in a while, and it would be an understatement to say we’re looking forward to it.

As such, I’ve been thinking a lot about Independence Day.

(Incidentally, my daughter’s birthday is July 1, and she was two-and-a-half weeks late, so there are many layers of independence to celebrate. But I digress…)

The more I think about it, the more I’ve come to think of Independence Day as a budgeting holiday.

As Budgeters We Are In Control Of Our Own Destiny

The Founding Fathers had to break away from the tyranny of a government an ocean away. They couldn’t stomach sending money to a distant King in London, who wanted to dictate the priorities of their young country.

As budgeters, we’re disgusted by the thought of sending discretionary money every month to a credit card company in Omaha, Nebraska or Sioux Falls, South Dakota (nothing against those two lovely towns).

When we do, we lose the ability to fund today’s priorities–and that is a travesty, and why we need to break away ourselves. I budget so I can control my own destiny directing my money toward what is important today and tomorrow.

As Budgeters We Are Forging A New Path

In the early years of this country we were young and scrappy and hungry (bonus points if you caught the Hamilton: An American Musical reference) and we were doing things differently.

As budgeters, there are times when we make choices that are different than our civilian friends and family. Not everyone will understand nor appreciate our focus, but we will not be deterred. Because we know where this new path is leading us.

As Budgeters We Are Amending Mistakes Of The Past

Although the Constitution was a powerful document that still stands today, it wasn’t perfect. Amendments had to be made to address fundamental mistakes and oversights.

The Founding Fathers didn’t throw up their hands and say, “Well, we tried to build a new country, but we made some missteps, guess it’s back to England.”

As budgeters, we are paying off debt, covering for past mistakes and rolling with the punches like crazy. That is what we do. When we overspend, or underestimate, or get behind, we roll with the punches, stay focused on the future and keep budgeting.

As Budgeters We Are Fighting For Our Freedom

This country was built on the backs of men and women who were willing to sacrifice everything for freedom. Although the stakes are different, successful budgeters take the same approach.

There are sacrifices involved, and you have to keep your long-range goals in mind, but ultimately it is worth it because freedom from stressing about money is worth fighting for.

Budgeting may not be all about fireworks. But it sure is worth celebrating this Fourth of July.

U-S-A! U-S-A! Also, Y-N-A-B! Y-N-A-B!