Thursday, June 23

How I do it...

An annonymous commenter (why are you scared of me knowing who you are?) asked how I live my life, am I independently wealthy? Trust fund baby? Living off credit cards? Nope, none of the above. When I graduated from Rice, I had a high paying job for 18 months and I saved almost every penny. I've been really fortunate as I don't have any school debt. My parents put me through school, something I probably don't thank them for enough. I put myself through culinary school with my savings. It is very important for me to live debt free. I use my credit card (how else would one buy plane tickets over the internet??) but pay it off every month. I live a simple life, my biggest expenses are food and travel, though right now as we're still searching for a new housemate, rent is ranking really high up there. My car is paid off. And last Christmas my grandparents gave each of their grandkids a sizeable chunk of change which I immediately put into the bank. So I've been catering some to supplement and living off my savings. The time for all this non-work though is ending. By August, I want to be working full time and saving money again, so that I can continue to travel. The what's, how's and why's of my life are still being worked out, but that will follow in my next post.

3 comments:

Anonymous said...

Ugh. I guess I shouldn't say anything, Em, but that comment (or rather, question?) was out of line and almost bordering on rude. Of course this is why they posted it anonymously. You didn't have to answer, because it's no one's business - but you did it with class. Way more than I would have. ;) Love reading your blog, sweetie. Wishing you much success. Lobb, Sandy

laura said...

well, what if you _did_ have a trust fund. would that be so very bad and make you a total asshole? if you have money is it wrong to learn about organic farming in other countries?

-minnie

Nate said...

I used to get that question all the time. A lot of people just can't grasp the fact that one can save money while living frugally to create a lot of free time. We tend to be such a debt driven society that it just doesn't make sense to them. To me, free time is much more valuable than most things and I'd rather save to create more of that than let's say a new iPod.