Danger zones for a shopaholic

14 03 2011

I admit to a dire sin. A dire sin for a reformed voluntary simplicity yogi. I used to be a shopaholic. I know! It is shocking to believe, about the kind of person I have turned out to be, but it is true. It happened when I got my first job, as most shopaholics begin. I got my first taste of freedom and money  in the bank. I actually could afford all the clothes and shoes I had dreamed of, that I had lusted after for all of these years. I started spending money slowly, dipping in my feet so to speak. I would buy stuff only for my family at first, to justify it to myself. I am buying things for others so it can’t be that bad. Of course, it was things like food from outside where I would be included or movie tickets, where I would buy one for myself. It was a double entendre, I was buying things for myself under false pretenses.

A little by little, I started buying for myself as well. I would go to the shopping mall once a week to see if there is something new I could pick out. I bought $200 worth of clothes every week or every other week at least. I bought mostly clothes and shoes. I wasn’t into handbags, thank God. I also had a weakness for cosmetic jewelery which is hilarious because I am allergic to the nickel that is in most cosmetic jewelery. I bought it just for show, I guess. Or maybe I hoped my allergy would miraculously disappear when my skin saw all the beautiful jewelery displayed on my wardrobe counter. I would also buy make-up a lot, another funny thing, as I wore very little make-up. Almost non-existent. Another weird quirk of mine, I guess. I would go to shoppers every week to buy or replenish items that were still sitting on my bathroom counter. I justified it by the huge number of points I was accumulating. I started spending money after that on seminars, get-rich-quick seminars. Oh lordy, now that I think of the thousands of dollars wasted, I could kick myself in the head.The funny thing with all of my credit card spending was that I didn’t ever have any cash. I mean, nada. I would never have a dollar in my wallet. Everything HAD to be paid with a credit card, because I had no cash to spare. No cash at hand.

I justify the above as a valuable lesson that could never be learned better than spending recklessly, getting into thousands of dollars of debt and slogging through it, one penny at a time. I know I wouldn’t be the person I am now unless I went through the learning that I went through. I read about shopaholics on the net now, and I do feel bad for them that they have to go through this learning experience to realize the unimportance of shopping to a happy, fulfilled life. It is a tough lesson, but the benefits are tremendous. I feel like I am a much better person overall due to the lessons learned. I like myself completely. I do have moments of doubt, but as a whole, I think I turned out pretty great, someone that everyone would be proud to know. That is something else that Mastercard cannot buy. Neither can Visa.





Travel while in debt

11 08 2009

Am I being irresponsible and impulsive by going travelling while I am in debt? Its not as if I am not planning to pay the debt off, but I am planning to pay it off slowly as the interest rate isn’t that high, and then probably sell my condo in February to pay off the whole thing completely, so I have nothing to worry about, no debt, no condo, and no obligations.

I also decided that I am going to try out this Pay-Per-Post thing and see whats its all about. I have read about it, through a lot of different bloggers, and I really want to try it out, to see what they say about it. I had to wait for a bit to apply to it, because your blog needs to have a certain number of posts to qualify. But I think my 60-odd posts should be a good number to start.

My overall goal in life has always been earn $1000 or so bucks every month through some automated business, so that I can be travelling around the world, while my business is earning me money. Its totally the 4 hour work week concept, where you work for 4 hours a week on your business, and then do something else that interests you for the rest of the time, which may or may not include travelling.

I have always been surprised to hear that there are people out there, who do not like to travel.

Anyway, so although I torture myself with guilt everytime I think about going travelling while in debt, I console myself, saying that I will pay it off, and I do not want to put my life on hold, while I wait for the debt to be paid off. I believe there is enough abundance in the world, so that I can do both and not have to worry about it. It just means that I will be travelling a bit slower, and I will have to take a few more jobs while I am travelling, but that is totally acceptable to me, as long as I am travelling.

By the way, the weather in my city has totally gone berserk. Its as if Mother Nature is revolting against us, saying No more of this pollution, you will see my wrath. She has unleashed earthquakes, and tsunamis and hurricanes all over the place. We have been getting such crazy thunderstorms, that you will not believe.

I also started regretting getting a netbook for the trip, wondering about what if it gets stolen, or breaks? etc. I dont know why I like torturing myself by imagining scenarios that are never going to happen. And even if they do, you are not helping the situation by imagining the worst before it actually happens.





Confessions of a shopaholic

7 08 2009

I watched the movie today and I was glad that they showed something about how credit cards destroy lives and more lives. Especially of young people who have more temptations to lure them into the shopping malls. What else are we supposed to do all day? We walk around in malls – hoping to meet a cute guy or look at a cute guy and find a good deal. When it happens at the same time in the same day, that is the ultimate.

I am all holier than thou when I see all the credit card debt, laughing in the faces of people who have them, but its so stupid of me, because I still do have debt. I have no reason to be so holy – I am not holy – I am definitely not a credit-card virgin and I have made my shares of mistakes with them. I am 60k in debt, and I have bought a house that I cannot afford to live in for a long while, until I begin making a lot more money. Stupid is not the beginning of what would describe my inadequacy. I am an idiot and I am human. I learn by making mistakes, even though sometimes, they are huge. I did make those mistakes, and I do have plans to deal with them. But of course, plans never work out as they should – so who knows how it will really turn out.

I plan to sell my house – even before I have lived in it, hopefully for a small profit – so I can pay off my debt and get rid of a house that I cannot live in – releasing me from all my committments, freeing me to travel the world as much as I want, without anything tying me down. That is the dream – lets see if comes true.





Things done differently

16 07 2009

There are some things I would do differently when I come back home, based on the things I have done to prepare for this trip.

1.       Never lend money to a friend again.

2.       Not have a car, bike to work in the summer and transit in the winter

3.       Not have a TV

4.       Save as much money as I can and put it into another long-term travel thing

5.       Buy as few things as possible, especially clothes, which are my Achilles heel

6.       Spend time with friends and family, but doing free or cheap things

7.       Not worry as much about things, just be more relaxed like I have been ever since I decided to go on this trip

8.       Not care as much about a relationship, or if I am in one, not care so much about the guy. Not give my life and soul to him. Itsj ust a relationship, don’t be so serious about it.

9.       Read as much as I can from the library

10.   Live on my own

11.   Not have any debt and have retirement savings and an emergency fund for six months

12.   Start figuring out how to work with coupons more often

13.   Definitely work for a company that offers 401 K matching!





Debt hurts my ear :)

10 07 2009

Boo! My ear’s hurting again. And I dont know why. I have been to the doctor a billion times, and he doesn’t know whats wrong with my ear. It usually happens when I am stressed, or in a really cold room, but drinking hot tea usually calms it down, but today, its just not going away.

Am I stressed about something? A lot of times, I’m so clueless about things, I am blindsided by really obvious things. Someone suggested yesterday that you might be getting some acne because of stress and I instantly denied it, saying, I am not stressed, I’m free as a bird. But when I had a few moments to think about it, I realized I dont really know if I am not stressed. I might be stressing about the trip and my student loan situation subconsciously. I think finances are something that everyone worries about, underneath everything else thats’ going on in their life, like an undercurrent that is beneath their every conscious thought. Especially, if you have debt, you have additional thoughts going on in your subconscious about how all the stress related to being in debt, doesn’t matter if its the good or bad kind. My Two Dollars has a really good post about good vs bad debt. You can read it here.

All the debt that I have is good debt. I have a student loan for my masters’ degree and I have a loan for my condo that is being built right now ( Its done in Feb 2010). I have no credit card debt, my interest rate on the student loan is a measly 2.25% because of my good credit and I really shouldn’t worry about things so much. I have a good savings base and I am really frugal, not spending on unncessary items. I really shouldn’t worry, like I said, but I do worry about it. I dont think I will rest easy until I have done paying it off. I just dont want to hold off on my happiness until I pay off my debt. I love this poem, I’ll be happy when by Jeffie Duncan. It expresses my sentiment exactly. I dont want to wait for a certain thing to make me happy. I want to be happy right now, in the present moment. No matter what is going in your life right now, you have to be first of all present in the moment and happy in the present moment. Because this moment will never again appear, and you will have lost the moment and the chance to be happy in that moment forever.

I have to keep on reminding myself that. And thats why I take such great care of my body, exercising everyday and trying to eat as healthy as I can possibly manage. Because I know the only thing I really truly own is my body, and I have to take care of this most important asset, because life is really long, if you think about it.








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