Thursday, July 14th, 2011
Q) Why did we spend seven months and [x amount] of dollars to live here in my hometown, only to have to go back to where we came from?
A) It took moving away from Nashville to cause us to become positively changed people so that we could go back to Nashville as the necessarily improved versions of ourselves. But we didn’t know any of this when we left Nashville.
I can confidently say that living in the small town of Fort Payne, Alabama has caused us to fully adopt the millionaire mindset (living as frugally as possible.) Because we became Dave Ramsey followers shortly after we got married and have since been living on a budget, we thought we were doing pretty well when it came to financially planning our lives.
But we had much more to learn. And I know for a fact I would have never learned to be this much of a penny-pincher if it weren’t for my unemployment and my wife’s inability to get a job, despite having a Master’s degree.
The move to Alabama has been the most humiliating process I have endured in my life: Note that when I used the word “humiliating” just now, I meant it in the sense of being humbled and disciplined, not embarrassed or shamed. (Here’s Wikipedia’s definition: “Humiliation is the abasement of pride, which creates mortification or leads to a state of being humbled or reduced to lowliness or submission.”)
Looking back, I can see how our former budget allotted my wife and I too much “blow money” (Dave Ramsey’s term for extra cash for personal enjoyment), too much “gift money” (money spent on gifts for birthday and Christmas gifts for our friends and family), and too much “food money” (money spent on eating out at restaurants and going out for coffee on the weekend). Not only that, but now we have learned to ask the question, “What will cause us to earn/save the most money?” when making any decision, big or small.
The version of me from a year ago just didn’t care about money. I only cared about happiness. And that was an epic flaw in my thinking. Now I realize that without conservative financial planning, I will not have sanity. And without sanity, I can not be happy anyway.
The truth is this: Without moving to my hometown and being psychologically broken down, I would have never been a responsible enough decision maker when it came to finances. Moving to Fort Payne was the only cure for my disease.
It’s more than just refusing to use a credit card or to buy name brand products. It’s a matter of taking my finances nearly as seriously as I take my love for my wife and son, health, and my religious beliefs. So now as we rebuild our lives again, we will be able to be better stewards of our income. Our money will be better saved, better spent, and better given away.
Photos courtesy of Moments in Time Photography in Fort Payne, Alabama:Add a Comment