Things Are Going Sh*tty, and Then A Pandemic Hits

When last we (I) left this blog, my Dad had passed away. I’d like to say that is the reason my blog posting fell off, and that was certainly part of it, but it wasn’t the only reason.

While I was still reeling from the death of my Father and figuring out what that all meant, we got hit by a global pandemic. Maybe you’ve heard of it. It was in a couple of newspapers.

With this hit came a lot of changes in life. As with so many other people around the globe, life changed for me almost overnight in terms of schedules, kids in remote school, activities canceled, and a decent amount of initial fear and stress.

The best way to deal with all of this, at least for me, was to crawl into the fetal position, drink a lot of alcohol, eat horrific food, and in general listen to my skin quietly moaning like a slowly inflating balloon as it expanded and strained to meet these new life choices.

My family and I hunkered down and remained mostly quarantined for the better part of the next year.

Smash cut to 12ish months later, and a lot of stuff has changed. Even though I had already cut my drinking down to a few sips of wine on the weekend, I decided to go whole-hog and take March totally off from drinking. I call it my “March to Sobriety.” Nobody steal that idea. That’s all mine.

In the meantime, while waiting for a vaccine to arrive, I have also built out a modest home gym and have been lifting weights and running around 4-6 miles each day. My son has joined me in the gym, and this has helped to further motivate me to stick with it.

But you didn’t come to this blog to hear how jacked, swole, pumped and buff I’m getting. You came to read about finances…

AND YOU’RE IN LUCK!

If you peep the sweet graphic in the right column of this blog, you’ll see that gains ain’t just for the gym! I have paid off close to $78,000 in credit card and student loan debt, and overall I have stuck to my Digging Out plan almost to the penny.

However, that image is only a small part of the larger story…

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Things Are Going Great, and Then Your Dad Dies

Just a few days before Christmas, I was with my wife and kids attending my daughter’s early morning basketball game. It’s one of those deals where kids dribble around in circles, staring at the ground the entire time, occasionally chucking the basketball in the direction of the hoop, rarely getting close, and walking away with a final score in single digits.

The family was just getting out of the vehicle when my phone rang, and the name that came up on my phone was that of my stepmom, Jennifer.

My dad has been remarried for 20 years now, and while I have a great relationship with her, my stepmom has called me maybe twice in those twenty years, and I think both times were for our address so that she could send Birthday cards to the grandchildren.

But we haven’t moved recently, and processing that fact pretty quickly, my heart fell to somewhere down near my groin.

“Hi, Jennifer,” I said in a shaky voice, somehow knowing this was bad news…

“Hi, Davey,” Jennifer replied, “Your Dad is in the hospital.”

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Side Note: In Western Washington, I am known as Dave. I moved to Western Washington when I was 20ish, and thus everyone in the area I live now, has always known me by my adult name, Dave. On the Eastern Side of the Cascades however, almost the entire valley refers to me by my childhood name, Davey. I really don’t bat an eye hearing either anymore, but I’ve had friends travel with me to my hometown and really get quite a kick out of hearing a 6’5″, 210lb man referred to as “Davey.”

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My father had just been through two knee replacements in the last 3 months, and was given a clean bill of health prior to the operations. The Doctor had said, “Normally I wouldn’t do this on a person of your age who is a smoker, but your test results are so good, I have no reason not to.”

However upon returning home from the second knee surgery, my father began to complain of shortness of breath, and couldn’t get over a feeling of being ill. He told me a couple of times on the phone that he thought he had picked up something from the hospital. On top of this, my father (a chronic sleepwalker) had fallen while sleep walking and badly hurt his shoulder and neck.

At the hospital, they began doing x-rays and tests. They found large masses in his lungs, but when they attempted to do am MRI, he was in such pain from his neck that they couldn’t get good results.

Things began to go down hill rapidly, with my father complaining of lack of air, so the decision was made on New Year’s Eve to load him up in an ambulance and drive him 3 hours to Virginia Mason, one of the world’s leading hospitals here in Seattle.

My wife and I planned to meet the ambulance at the hospital that night, but my Stepmom called and said, “You guys should just come in the morning to avoid the New Year’s traffic at the Space Needle. They’ve got him on air and gave him some blood, and he’s joking with the nurses and Doctors. He seems WAY better.”

“Good,” we thought. Now we can start figuring out what the hell is going on with his lungs. My sister drove from near Eugene, OR, that night and we made the plan to head in the following morning.

We arrived at the hospital early the next morning, and the look of shock on my Stepmom’s face told me things had taken a turn for the worse.

“He had a heart attack this morning,” she said, “They just put a breathing tube in, and they are working on him now.”

I glanced over her shoulder, and there was my tough-as-nails father laying in a bed with a respirator down his throat, wires stuck to his body, at least 8 IVs, and a number of other contraptions buzzing, clicking, whirring and beeping.

“They said it will be a minute,” she told us, “He’s responding, and conscious, but the tube will help him breath while they figure out how severe the heart attack was. They think it was relatively minor.”

After a few moments, a Doctor came out and said, “Your Dad is stable, and we are just running some tests on him.” He urged us to go with my Stepmom to get her some coffee wile they took care of him, and come back up to the 9th floor Intensive Care Unit in a few minutes.

We made the long walk down the hall, past ICU rooms of people in very bad shape like my Dad was, then around a corner and down the massive hallway lined with even more rooms that lead to the elevators.

We were 20 feet from the elevators, when a man dressed in a blue jumpsuit with a bright red backpack darted out of a room in front of us, causing us all to jump, and sprinted down the hallway in the opposite direction. Then we saw a Doctor and two nurses give chase and head in the same direction.

The loud speaker blared, “Code blue, room 921. Code blue, ICU, room 921.”

It was my Dad’s room.

The others were so consumed by the moment at hand that they didn’t hear that it was my Dad’s room.

“That’s Dad’s room,” I said, “We need to go.”

In just the 90 seconds it took us to get back, there were already at least a dozen people in my Dad’s room, and more standing in the hallway. They worked on him for some time, and managed to get him stabilized yet again.

I’m going to spare you additional details and just say that my Dad fought for another 3 days, and we were able to communicate with him, tell him that we loved him, see him smile at my bad jokes, and most importantly — say goodbye.

It turns out, my Dad was even stronger than I realized. He had cancer throughout his body, he had suffered a stroke, he had a broken vertebrae in his neck, and up until a few days before this, he was f*cking walking around! Throw in the heart attack, and it was as though he had bellied up to the universe’s shittiest salad bar and loaded his plate up with one of each item.

Posts like this one seem to always end with something like, “So hug your loved ones, because you never know when that hug might be your last.” I won’t say something like that, because I understand that you kind of have to live it to appreciate it, and if you’ve already lived it, then you are probably already squeezing the ever-living-sh*t out of your loved ones you have left as often as you can.

I know I am.

 

Instead I’ll end this post by sharing with you a post I wrote my friends and family about my Dad, just a few days after he passed:

 

“He has toes. He has actual toes.”

That was my thought as my Dad rested in his hospital bed, and I sat staring at his feet. I know it’s an odd thought to have when your Dad is lying in a Critical Care Unit, but you have to understand that I rarely (if ever) saw him without his cowboy boots on. Hell… I’m pretty sure he even bathed in those suckers!

Like his hats, those boots were very much a part of his superhero costume to me, and for the vast majority of my life that’s what I believed him to be: He was a bonafide, died in the wool, larger than life, real-f*cking-deal superhero.

True Story: At one point in my cocky teenage years, I challenged my Dad to a race. He was wearing those damn boots, and I knew he’d be an easy win. He accepted the challenge without batting an eye, and then preceded to outrun me from our shop to the steps of our front porch by a good 10 yards. (I think he was even taking it easy on me.)

Yesterday I told someone who didn’t know my Dad to imagine equal parts Superman, Burt Reynolds, and Don Rickles. He was strong, caring, brave, cool, rebellious, funny, and insanely sarcastic at times.

The man was also far beyond tough. He was dealing with more than he ever let on, and I’m amazed by his courage and strength.

This past summer, my band got to play for my Dad and his wife, Jennifer, one last time at their bar. I’m so grateful that we got to, because it gave me a chance to see my Dad when he was at his happiest — watching others dance, drink and laugh.

The outpouring of love and support is very much appreciated, and as I read the other posts about him (and believe me… I’m reading them all), there are MANY people I don’t know or at very least names I don’t recognize. The number of responses shows me just how many lives my Dad touched, and that I have a lot to live up to as his son.

I don’t need to know you personally to know that he loved each and every one of you, because he loved every person he came in contact with, no matter how brief or lengthy the encounter may have been.

My Dad finally took those cowboy boots off, and when he did I was yet again reminded of what an amazing superhero he was.

I love you, Dad. Time to rest.

Year In Review – The Highs and Lows of Financial Catastrophe

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I promise you’ll hear more from me in some form in 2020. I plan on doing even more blog updates, and I’m 3-4 chapters into writing a book that I’m starting to feel really good about. I don’t know jack sh*t about getting a book published, but I knew even less about responsibly managing my finances and I figured that out, so what do I have to lose?

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If you had talked to me in early 2019, I would have told you that we were losing our house. I would have also told you that we were struggling to figure out how to pay our bills, or even keep food on the table. As fully-grown adults in our 40s, my wife and I had manage to make almost every poor financial decision possible, and were now faced with crippling debt.

We formed a plan over January and the first part of February, and all of the math showed that we would nothing short of a small miracle to escape our predicament. We knew which things to pay and in which order, but if even the smallest thing went wrong, we were in some serious trouble.

We focused every single resource we had at the problem, and we sacrificed as much as possible, sometimes resorting to eating just Four Eggs a night. All the while we hid the family from everyone but our closest friends and family (and the readers of this blog), and we wallowed heavily in guilt and remorse.

I try not to exaggerate for the sake of exaggeration, so trust me when I say that it was the worst time of my life. As always, perspective is key, so I’m sure there are some of you that have gone through far worse, but for me this was the low point.

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FUN FACT: The previous low point was explaining to my Mom that in order to pull square with the Columbia House cassette tape club, she was going to need to help me purchase 300 cassettes in the next 11 days.

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I really couldn’t see any kind of light at the end of the tunnel, and it sucked big ginormous bags of ding dongs.

What a difference a year can make…Read More »

Today was a Good Day

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We’ve learned many lessons this year, among them how to actually appreciate and value the things we purchase. It has made us a stronger family unit, and it has helped to instill values in our children that will hopefully help them in life for many decades to come.

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At the beginning of 2019, my wife and I were in a really bad spot. We owed an insane amount of money on credit cards (6 figures), and we were making $3600 a month less than what we needed to pay our bills. We had no savings, we had very little in our 401k, and we were almost certainly going to lose the house we had bought just 6 months prior.

We committed to solving our debt crisis once and for all, and we knew that part of doing that meant we had to set some really large stretch goals to keep us honest and aggressive in our efforts.

I told my wife, “We need to set a big number in terms of the debt we want to pay off this year, and it needs to be large enough to frankly make us uncomfortable.”

We set our golden number for the year at $50,000.00. Fifty-thousand. A FIVE, AND THEN A BUNCH OF ZEROS. That was a stupid number, and there was probably no way we would come close, but damn if we weren’t going to try!

When I have set similar lofty goals in the past, it has rarely worked out well…

Dave at age 10:
Goal: “I bet I can jump this canal on my bicycle!”
Result: Broken bike, broken bones.

Dave at age 22:
Goal: “I bet I can beer bong this entire 5th of whiskey!”
Result: Waking up in that same canal, wondering what happened to my pants.

Dave at age 35:
Goal: “I bet I can put a flat screen TV in each room of my house!”
Result: See paragraph 1 of this post.

So needless to say, I was somewhat pessimistic about the financial goal I had set for us to achieve, and I had a lifetime of results (or lack thereof) to back that pessimism up.

And yet today, a month and a half early in fact, we hit our goal.Read More »

This One Tip Will Get You Out of Debt and to FI Faster Than Any Other

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By spending less, you’re “eating better.” You’re not wasting your money on dumb purchases that you really don’t need, just as you aren’t filling your face hole with Ding Dongs and lard.

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I have done a LOT of research over the past 10 months. I have read books and blogs, listened to podcasts, attended seminars, watched YouTube videos, and met with one incredibly trustworthy and knowledgeable financial planner.

Here are just a few of the books I’ve read:

  • Rich Dad, Poor Dad
  • Start Late, Finish Rich
  • The Automatic Millionaire
  • The Millionaire Next Door
  • The Simple Path to Wealth
  • I Will Teach You To Be Rich
  • The Latte Factor
  • The Total Money Makeover

Podcasts I have (or continue to) listen to:

  • Bigger Pockets
  • Choose FI
  • Motley Fool
  • The Money Guy Show
  • Mr. Money Moustache

You get the idea.

I have spent the better part of a year listening, absorbing, planning, and evaluating how to get out of debt, and how to get on the road to financial independence once and for all. It’s why I’ll pay off over $50,000 worth of debt this year alone, and it’s why I have a plan to be totally free of credit card debt by the end of 2020.

In the process of doing this, I think I’ve hit on something big that I want to share with all of you. Once I understood it, it changed my life totally, and given me the understanding of the mindset I need to really achieve my goals.

The one thing you need to do to pay off debt and achieve financial independence is…

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