Happy Thanksgiving, to those of you who eat turkey today. Or tofurky.
Today I am grateful for my freedom. Of course I’m grateful for freedom of speech and other basic freedoms, but what I really mean is I’m grateful that I have choices.
I spent my first decades feeling trapped because I was broke and had no financial cushion. If I planned a little weekend road trip, then learned my car needed new brakes, the trip would have to be cancelled. I didn’t have an extra $250 or whatever those choices cost back then. I couldn’t get my brakes fixed and take a break.
Often, it wasn’t even a choice between a necessity and a “nice to have,” like a trip. I had to choose between paying my electric bill or my student loan installment. Or between buying a full tank of gas or five pounds of hamburger, which was cheaper per pound than buying one. If I chose the gas, then ramen would have to do.
It was especially hard during the long years it took for me to pay off my credit card debt. I had a chart on the wall on which I marked the amount I paid and the declining total. I had to have something visual in front of me or I wouldn’t have been able to stick to it. Things didn’t get any easier after the card was paid off, because now I had to buy things with real money, which was limited. But what a feeling of freedom.
Somewhere around the time I turned 35, I finally paid off the student loan I’d taken out when I was 20. That thing had been like an anvil I’d been carrying on my back.
Then, when I turned 40, I got my first job where I paid my bills and to my surprise, had a few hundred dollars left over. Wow! I’d like to say I socked it away in savings but I blew it all on clothes.
It’s been good ever since, with a few tight patches. As I’ve written before, I’ve mostly lived below my means and this has given me a lot of freedom and choices. And I’ve said it before but I am super grateful that I found a duplex where my rent, including internet, heat, and electric, totals $1,005.
I am aware and grateful that I was born in a time and place—and of a class and race—which made it possible for me to pull myself up by the bootstraps.
I’ve been working on “financial hygiene” projects to get ready for my UK sojourn this winter. I’m not in the practice of recommending particular companies, but I just moved my checking and savings accounts to Capital One from my local community bank. I never thought I would leave my local bank for a global mega bank, but I didn’t want to pay foreign transaction fees or ATM fees and I was only earning about .002% interest on my savings. I don’t have a lot of money, so I strive to avoid fees and earn as much interest as possible.
It took me a year of procrastinating, but I switched from ATT to Total Wireless. My bill will be $27 a month instead of $53. I did the research and ordered a UK sim card, giffgaff, that’ll cost $13 a month.
I set up new and stronger passwords on my accounts and tested paying my rent using Zelle. I faced opening my car’s owner’s manual to figure out what the indicator lights on my dashboard meant—I needed new brakes!
A friend gave me a Chromecast device when he upgraded to something else and I figured out how to set it up—he’s a computer scientist and he was impressed! I will take it to the UK and use it there too.
I am going through 22 photo albums, scrap books, year books, and boxes of ephemera and mercilessly tossing out all the photos of landscapes that could be anywhere and ticket stubs for unremarkable performances. I hope to consolidate down to five albums.
I hate all these chores, but grateful I have the first-world freedom to tackle them.