The other day, some of my co-workers and I were discussing the amounts that our paychecks changed due to the increase in the cost of our benefits.
I asked one of my co-workers if her paycheck changed and she said she did not know. I thought she was joking but after awhile I realized, she really did not know.
She could tell by the look on my face that I thought it was weird that she didn’t know how much her paycheck was. Her reply was that she doesn’t know exactly how much her paycheck is, she just looks at the first 2 numbers in the email. (We get an email 2 days before payday telling us the amount of our direct deposit).
We ended our conversation with her saying that her paycheck probably only changed $20 or $30 bucks but that is such a small amount amount that it really doesn’t matter.
Do you think the small amounts don’t matter? If so, I have to say that is not the best way to think about your personal finances. The small amounts DO matter. Saving $30 bi-weekly will give you $780 after a year. That may not seem like a lot of money but if you have NO savings right now, $780 is a huge amount of money.
When I was younger, I would not pick up a penny because it was only one cent. My grandmother would always tell me, “son, pennies make dollars”. I didn’t think much about it when I was younger but now, I have no problem picking up a penny.