Net Worth Week 61 – PRIDE Edition

Gentle Readers,
I have not yet been able to coordinate with my roommate about removing the box spring, so my new bed is still gigantic. My back feels like it is slowly getting better, maybe. I’m monitoring it.
The gig continues to go back and forth on what we should expect. At this moment, according to one set of instructions, we have one more week on this gig, but according to another set of instructions, we probably have a few more months. How’s that for planning your life?  I’m just going to keep showing up and trying to get hours in until they take them away from us.
My trip to my love was short, but good. It was my first venture on Spirit and I was very pleased. I don’t need much when I’m visiting her and am able to be down to one personal item – at least when it is not winter.  I’ve also looked up the cost of rental cars for the first time, and I learned that the cost for renting a small car for 3 days is less than the cost of a cab from the airport to her place. I must sign up for driver’s ed and become comfortable driving. We could explore so much more if I could drive us.
June is Pride month. I don’t know if it is Pulse haunting me, or the general scary world news, or the fact that my girlfriend is over one thousand miles away from me, but I’m not really interested in going to any of the events around PRIDE this year. Pride did not used to be such a corporate, white-washed event. It used to be queer joy, queer anger, and queer liberation. I’m trying to make space in my time and mind to attend a potluck or something with other queer folk. My heart is not there, but perhaps being in a queer space would do me enormous good…

This week’s net worth numbers

6/2/2017 6/9/2017
 Joy 1107 1107
 Travel 1  1
 Down Payment 19 19
 Retirement 21 21
 Health 45 45
 Moving 285 285
 EF 11 11
Business 1004 1004
Life 1809  455
 IRA  13166  13191
 Brokerage 703  703
 Rewards Card 2 -3215 -2873
 CC (largest) 0  0
 CC (longest) 0  0
 Rewards Card 0  (106) CR
SL 1 -104924 -104780
 SL 2 -46226 -46161
 Earnest -4893 -4427
 Net Worth -141086 -141292
 Percentage Change -.26% -.15%

Are you doing anything to learn more about PRIDE or attending any events in your area?

Road Less Traveled Challenge

Gentle Readers,

If you are not reading Our Next Life, you are missing out on some delightful people. They have issued a challenge whose mantle is well-worth taking up.

The challenge: Instead of talking about what we’re all doing that’s the same (saving at a high rate, optimizing our budgets, etc.), let’s celebrate what we’re each doing that’s unique.

My unique path is relatively simple. I’m a dyke and have been setting my own course from a very early age. If you do not conform to heterosexuality and the assumptions that many people attach to it, you must necessarily decide what life should be for you because there are fewer examples. This is a blessing. You have to figure out what is important to you. You have to create your joy. The day I graduated from high school, I moved out of my “family” home. I’ve been forging an expanded version of family and what life means for me ever since.  It changes with new information and new versions of myself. Self-improvement means that you have to accept new ways of being.

I was fortunate to find other families to take me in at all times. I was never on the street. In other people’s homes, I found a way to contribute, but mainly I learned from them and appreciated the safety and food they provided. The conclusion I reached from living with so many diverse people was that every person believes they are normal. Every person thinks that the way their family has always done something is the way to do something. Everyone’s assumptions are hidden from themselves because they’ve lived in them for so long. The greatest thing about my early nomadic lifestyle was to see through the veil of normal. There are a million ways to “properly” prepare dinner, and all of them are right for someone.

The way you’ve always done something does not have to be the way you continue doing something. 

Until very recently, I never imagined that I would be able to retire at all. I have significant student loan debt and some personal debt. My net worth is hovering around -$150,000.  However, there has been a change brewing in me. I see hope to drastically alter my situation through two different mechanisms.

The first mechanism involves learning a skill that will double my earnings. I’m really enjoying the learning process and plan to continue learning it even after it becomes profitable for me. Once I’m able to do temp work based on that skill-set, my take home pay will skyrocket. It will be enough money that I could realistically pay off all of my debt and save for a down payment in a high COL area in three years or less. With a much higher income, I intend to take a “balanced” approach. Credit card debt will be knocked out entirely in a month. Then I will save a down payment while increasing my emergency fund. If all goes well, I’ll find a small place that is affordable. Once I get an understanding of what my mortgage feels like on my bank account, I will shift focus to buying index funds and paying down my student loans. After the educational debt is gone, I will probably work one more year doing the highly lucrative temp work and plow most of my earnings into index funds.

Then, I will stop.

I will shift to my second mechanism. With the encouragement of my best friends and girlfriend, I started an LLC two years ago that will eventually allow me to live the lifestyle I desire. The work is a passion of mine and contributes to making the world better. With an appropriate nest egg and low expenses, I could work 20 hours a week doing something of value for the world without wearing myself out. My free time will be mine. I will have slow mornings with strong coffee.

I will use the freedom to travel to practice languages I’ve learned. To go on miniature adventures and learn even more ways people view their choices as normal.

I will use the freedom to create things. I like to write stories and paint furniture. I think I will continue to like that in the future.

I will use the freedom to properly learn how to cook. I’m an excellent baker, but my cooking skills are mediocre. Classes would be wonderful. I love food. I’m sure I can learn.

I will use my freedom to continue volunteering for organizations in my city. I will use my freedom to be a more involved citizen.

I will use my freedom to get a puppy. A big one.

What is your unique approach to life and FIRE?