Back to the Numbers: Finances and Budgeting for Polyam Folks

After a long break, I am finally ready to start writing new posts again. So moving forward, Sundays will be a new post each week while Thursdays will continue with the updates and revisions of old posts. Michon Neal will continue posting hir thoughts and writings on Tuesdays.

For new posts, I’m going back to an unfinished blog series—Finances and Budgeting.

Something I didn’t address when I started this series is that finance and budgeting needs vary depending on how much money you have. The choice to be financially entwined or not looks different for people with lots of disposable income vs people who can barely afford rent.

I’ve been on both sides of this. I grew up in a family with LOTS of disposable income. The McMansions of the 90s and 00s could have been modeled off the home my parents had custom built. And for nearly 10 years I’ve been keeping my family afloat on less than $10,000 a year. We’ve been homeless, lived without heat, and had our electric shut off more times than I can count.

Financial Advice is Not One-Size-Fits-All

The vast majority of that time, the financial advice I’ve seen was written for people who have more money than they need to survive. Budgeting is a wonderful tool when you have enough money and need to figure out how to stretch it. It is not so useful when you have more bills than income, and your only bills are rent and utilities.

So that is where I am coming from writing this series. Some posts and suggestions will be geared towards people who have disposable income. Others are more for folks who are scraping for rent. Sometimes I will talk about financial entwinement as a choice people make. Sometimes I will talk about it as a survival necessity. Because it can be both, depending on your situation and the situation of your partners.

This post is part of the Polyamory Finances blog series.

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