The Thursday Think Tanks are semi-random thoughts that may not necessarily fall directly into the category of finances, but I still feel are worth sharing. Read at your own risk!
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%
As a kid, I was obsessed with music. Keep in mind that I grew up in the 80s, and radio was still one of the best ways to consume music if you couldn’t convince your parents that Columbia House was the deal of a lifetime. So I would spend hours listening to my radio or watching MTV to consume as much free music as possible.
As I neared high school graduation, I set my sites on a career in radio as a disc jockey. I could talk endlessly and had a knack for entertaining people, and that coupled with my love of music made life as a DJ seem like a natural fit.
During my 1 (and only) year of college I decided I would major in Broadcast Communications, and become the next Howard Stern. We were from a small enough and conservative enough town that our station didn’t even carry Howard Stern, but I just knew he was the biggest name in radio and that’s where I wanted to be one day!
That summer I took a job at a local radio station in that same tiny little town. It was the smallest of small town operations, and was managed by its morning personality who I will simply refer to as “Steve.” Steve was a somewhat disheveled and grumpy human being who seemed bright and energetic on air, but was a sarcastic lump of clay off. I hardly said two words to him in my interview and was hired as an intern on the spot. I do remember him saying, “Kid, nobody wants to work in radio. There is no money, next to no growth, and the chances of you making a decent living are about as good as the chances of me living past 50, which ain’t happening.”
Despite this ringing endorsement for my chosen profession, I took the job/internship anyway and was on my way!Read More »