Having Tea with a Gorilla in a Dress

The analogy I use is this: Let’s say you’ve gone and purchased yourself a pet gorilla… as people often do. Years of work have gotten you to a point where the gorilla will even let you put a pink dress on it and have pretend tea parties together...

Starting Credit Card Debt (01.01.19): $126,310.77
Current Credit Card Debt: $108,870.87
Total Paid Off: $17,439.90
Income Going to Savings: 2%

Being in debt has been incredibly stressful on me and my family. Not a day goes by that I don’t think about my debt, and frankly there are times when it crosses my mind several times per hour.

I’ve mentioned it in previous posts, but it’s all I can do to keep exercising and meditating daily just to keep my heart from exploding clean out of my chest at times!

The stress has lifted a bit now that we’ve regained some control and have our monthly bills covered. [Note: We started close to $4,000 upside down every month!] I’ve also got everything set up to auto-pay now, so nothing is late and no late charges are assessed and for the most part we can cover everything each month.

The problem is that it leaves us with almost nothing to put aside. On some months I can spare a couple hundred bucks to toss into savings, but until we get some things paid off later in the year with a bonus and some vesting stock, we’re in a literal paycheck-to-paycheck cycle right now.

The analogy I use is this: Let’s say you’ve gone and purchased yourself a pet gorilla… as people often do. Years of work have gotten you to a point where the gorilla will even let you put a pink dress on it and have pretend tea parties together.Read More »

The Night I Found Out I Was Broke

Note: If you got notified of this post yesterday, I apologize. It got messed up by the holiday weekend, and I didn’t catch it until it posted early. What follows is the edited and much funnier version!

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Now I was wishing I was the person holding the phone in that scary movie, because I was only moments away from the sweet release of that orange traffic cone.

Starting Debt (01.01.19): $126,310.77
Current Debt: $110,102.44
Total Paid Off: $16,208.33
Income Going to Savings: 1%

Okay, so I’m not broke. It’s a sensational post title to get views because I guess that’s what my life has become. I’m really close to broke, but I’m not broke. I’m still paying my bills, but I just don’t have anything going to savings and a mountain of debt. So maybe I am broke.

In any case…

My wife and I have had an agreement pretty much since we got married 23 years ago, and that agreement goes like this:

I keep my mouth shut and she lets me continue to live inside.

Wait… wrong agreement. Here is the right one:

My wife handles the bills, and I don’t ask questions.

If there was something I wanted to buy I’d say, “I’m going to buy this,” and then she would either say it was fine or it wasn’t fine.

My wife is one of the most caring and loyal people walking the face of the earth, and slowly over time my kids and I began to wear her down. She hated the feeling of being “the bad guy” and telling one of us that we couldn’t have something, so she continued to find ways of saying yes.Read More »