Posts Tagged ‘ financial insecurity ’

The Monetary Value of a Parent

Sunday, September 18th, 2011

Nine weeks.

Let me be up front about what this post is not about. I’m not going to be talking about how, despite whatever amount of money we make as parents, that ultimately our value to our children is priceless. Instead, I’m literally going to be talking about the invisible dollar sign each one of us has floating over our heads. It’s that simple; and for me, it’s that deep and fascinating.

From December 2010 to April 2011, my wife and I were worth zero dollars. We had left behind our respectable jobs in Nashville and moved to Alabama to be close to my family and we were both jobless, yet desperately looking. Our education, professional experience, resumes, and determination carried no weight in this different town. Finally, I got a job, but it wasn’t enough for me to support my wife and son- we literally couldn’t afford to pay the bills.

So we moved back to Nashville in July. After returning to my old job, I began making over $15K more a year than the job in Alabama. As for my wife, her old position at Vanderbilt no longer existed, but she was instantly able to get a different job there paying more than I get paid now and more than she was paid before moving away (not to mention benefits for the whole family).

Oh yeah, and I have my sanity back now. I, for one, was in a very dark place there for a while. There was such a hellish, demonic, heavy feeling of worthlessness I experienced when I couldn’t financially provide enough for my wife and son, knowing that I was qualified, capable, and willing. If it wasn’t hell, it was at least purgatory with a broken thermostat.

For months, we had no income; zero. Now collectively, we make over two and a half times more than I alone made in Alabama.

It’s literally a case of “double or nothing.”

Granted, the cost of living is a bit more in Nashville. We are obviously spending a lot more on gas now. My wife’s 20 mile drive to work each day often takes well over an hour (thanks to traffic) and we recently had to buy a newer, more dependable car for her. Plus, our son is now enrolled in a wonderful daycare; as compared to free child care back in Alabama, when my wife was unemployed.

As a family unit, we spend much less quality time with each other throughout the week, as we earn our living. But I have to admit, the time I do spend with my wife and son on the weekends has never meant more to me. I savor every minute.

I had thought our valuable jobs skill and “big city job experience” from Nashville would have helped us tremendously in finding jobs in Alabama. But it didn’t, whatsoever.

Instead, the two of us are worth much more money in Nashville; despite the higher cost of living. I guess it’s just weird now to think about how it was only a couple of months ago that we couldn’t afford to pay our bills.

Today as I was thinking about all this, I reminded myself that finance guru Dave Ramsey actually went bankrupt twice; it was part of his necessary life lesson to became the expert he is today. And thanks to his teachings, my wife and I are able to put his practices into daily use.

Like he says, “Debt is normal. Be weird.” Trust me, I want to be weird, so badly.

My wife and I are now so dedicated to (and educated on) being the best stewards of our income, as we build back our savings, pay off our debts, and regularly tithe to our church and sponsor a child through World Vision.

I hate money. I wish I didn’t have to think about it. But it’s kind of hard not to when I have an invisible dollar sign floating over my head that increases or decreases when I cross the state line.

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