Yes, I was always supposed to go to college and I can’t say that I was looking at any other choices (except maybe 12 hours when I thought about the Coast Guard because I like the boats and the coast and then I remembered that I didn’t like the arms or the army). My mother, father and step went to college, my father had a doctorate and my mom and my father have each. My mom and the step-DAD are both teachers and learning has always been very important. I really wanted to get out of the state for college, but fortunately my parents persuaded me not to respect myself with that kind of debt. My four -year undergraduate diploma was a combination of small scholarships, student loans, my parents pay for portions and I pay for living expenses. I also received a private loan for $ 5,000 for a loan for a three -week dive dive. My postgraduate diploma was mainly paid by my employer at that time (a large state university that offered tuition returns for employees), with the exception of $ 5,000 deducted through a loan. We paid my student loans in 2019.
Growing up, what kind of conversations did you have for the money? Do your parents/guardians train you for finances?
I was mainly lifted by my mom and step-Dad, who talked to me about the value of saving and investing and the importance of it (though it fell into a somewhat deaf ears). I remember a history professor of eighth grade adding some financial knowledge to his curriculum. I have fought with my finances in the past and had a period of $ 10,000+ credit card debt in my ’20s. I worked hard to get out of it and I won’t go back to the street.
What was your first job and why did you get it?
At the age of 12 I began to help my aunt with her accounting business and at 15 I started working as a T-Ball coach for a summer and at the Sonic Drive at Carhop. I was holding a variety of jobs in the Gymnasium and College services industry and I almost always had at least two jobs. My high school jobs had to spend money and save money on college and my college jobs had to cover living expenses and spend money. I have a lifelong bad habit of having too many jobs.
Are you worried about the money that is growing up?
I wouldn’t say that I’m “worried” about money, but I realized that things cost money. I knew we took road trips to visit the family on the east coast because it was much cheaper than flying. I knew that I stopped the riding lessons because it was very expensive. I was never worried about having food or clothes, and as soon as I started working at an early age I started paying for things for fun. Before I started college, I saved about $ 7,000 from jobs. I used some of this money to get scuba certified, as I knew, when I was in college, I couldn’t afford it. I was worried about the money long after my graduation in college and during the 1920s and early 1930s, when I fought to find employment as a biologist and spent a lot of time making very low payment or non -payment of internships and would be working with my business. My first full -time place was 26 years old for $ 29,000 per year (because: science). Money was a steady source of stress. In addition, L. was convicted of a felony for possession of weeds (a decade ago now), which led to the loss of his ability to exercise the law, the significant debt, the state government in prison and then a career change, which caused many financial upheavals, While this was a horrible and traumatic experience, this also gave L. the impetus that had to follow me in a more liberal state where his affinity for hemp would never have been a matter again.
Are you worried about money now?
2019 was promoted to a different position at my university and my income increased significantly. I was constantly worried about the money, having multiple roommates, and I didn’t want to be able to buy my home in my new city to have a significantly greater flexibility with my money and be able to buy a house in 2020. I am really happy to do this as it did, but I also worked so much, it had a very serious impact on my mental health. I did a real job to understand my anxiety and my natural instinct to overcome myself and I worked hard in recent years to change it. I am worried about money now, mainly because of the huge cost of child care, lack of increases/CLA in my employer and only the general situation today. I have received increases in recent years in my current position by undertaking additional tasks and I think to a large extent because I showed my value and value during the pandemic when my work actually changed all night and worked 60+ hours a week as part of the crisis response team. I also teach lessons on the part that represents $ 8,000 from my annual income, but if my lessons are not filled with students I do not end up teaching, so I worry about whether this income will get to fruit, because in the summer, when I do not have it. I am also worried about how I will continue to provide home repairs as soon as my inheritance savings disappear (but I hope my son is out of care, I can save more). Portland is much warmer in summer and we have no air conditioning, so it is the main concern. I still worry about L.’s important debt from the Law School and how the future will affect us – especially depending on how today’s administration decides to handle student debt debt. I have also struggled to change my spending habits now that S. is in the care of the day and we have a second mortgage and my husband is self -employed without retirement benefits.
At what age became financially responsible for yourself and have a financial security net?
After college I became somewhat financially responsible for myself, however, I alternate between living at home with my parents and practical training/field in my field for several years. During this time I saved about $ 12,000 in Europe backpack with my best friend, then moved back home and saved another $ 12,000 to move to Los Angeles. I was able to do this without paying rent/utility businesses and living with my parents for “free” and be in my parents’ health insurance (I contributed to food costs, etc.). As soon as I moved to LA, I became fully responsible for myself, but the financial situation in Los Angeles did not work for me and returned to my home after a year and moved with my partner and started work at my undergraduate university (where I went to my undergraduate university). Since I was responsible for all my expenses (except my phone), but my parents were there for some support if I needed help (as during the time, L. was convicted when my dog had a lot of surgery) and I know they would help as much as they could. I do not plan to rely on it in any way, as I know that they will need their money to care as they grow older, especially as my mom’s health continues to decline.
Have you ever received passive or hereditary income? If yes, explain.
My father died in 2019 and received a legacy of about $ 25,000 in 2021 when his property was settled. This was very unexpected, as it was not really involved in my life and its financial and vibrant situation was a complete chaos, but it turned out that the ownership of his former business is worth a lot of money because of his planning – although he was in a scary form – which resulted in some inheritance for me and my brothers. I bought a Fixer-Up House as L. He’s a contractor and we decided to prioritize the position (and there was nothing close to the university we could afford in good shape and wanted to benefit from a home market subsidy through my employer). The inheritance money was extremely useful, as I have made this money for repairs/renovations at home and a significant place was already spent as we have rebuilt the bathroom, the kitchen, built a fence and a sauna and painted our home. In addition, my parents lent me $ 30,000 when I bought my house so I could get a 20% down payment and not pay mortgages. I have paid $ 10,000 from the loan and today they owe $ 20,000. Payments are currently ceased due to care costs. In addition, my job gave me a $ 15,000 down payment grant to buy in my work sector, which is essentially forgiven for more than five years (and I just hit five years last month!). I also received a grant of $ 20,000 Wells Fargo, which was forgiven after five years (I did nothing more than to do less than $ 75,000 a year and applying to get an appointment.
