What’s on a reader’s mind (2)

A very dear reader from Canada wishes to share his experience in “adulting” and money management.

However, before I move on to divulge his wise words, let me first mention how I have never met anybody online as kind and as frank as Mr. Edward Hillyer. We met in Facebook. We have a common friend who used to actively publish politically-flavored posts in his wall. It was in the comments’ section where we started out politely arguing about the different topics we enjoy. Now I believe that I may proudly say that we are friends… friends in the sense that I would seek his advice, and he would generously give it; friends in the sense that he would tell me nice stories about his childhood and his family, and I would ask him for more similar anecdotes.

I used to be reluctant in having a social media life but with a great discovery like Edward, I believe it’s worth all the trouble of meeting the weird and creepy people that roam around the internet.

I thank this dear friend for supporting my blog through actively participating in its Facebook page, as well as in my personal page.

I truly hope that you can learn as much from him as I do.

Thank you, Edward!

(The following comment originally appeared in the Colorfulifesite Blog’s Facebook page, dating 6th of February, 2017.)

My first comment on adulating [sic]* and money: If you have ever had a credit card, you will have noticed how a little here and a little there, (ten dollars for a pair on sunglasses, 20 dollars for a new top) will cause your receive your credit card bill with shock. How could just a few dollars here and a few dollars there add up to such a large bill? On the door to my father’s office was a quote ‘It all adds up’. You see this in your credit card bill that shocks you each month. This is the reality, it all (even small amounts) add up. With this knowledge as a given, why not be smart? It 2 +4 = 6, then 4 + 2 also = 6. This information is reversible. If you save a few dollars here, and a few dollars there, IT ALL ADDS UP, just as spending does on your credit card. This is a given. If you save money in your daily life, it will add up.

This was my reply, dating 8th February 2017:

Thank you for this simple yet monstrous truth, Edward. My personal experience with credit cards is quite nil because having been raised in a frugal household; we have always tried to avoid expenses (present and future). We only borrowed money if we didn’t have any other option at all. But I had a similar experience with my day to day life before my husband and I got married. We had good jobs and were living in the city center. So the temptation to get a beer here, have a bite there, etc… was always near. And we would usually give in to the “little” ones, until we realized that the 3x a week trips to have tapas at 2 EUR a glass of beer (we would end up having 3-4 glasses each) would sum up to 192 EUR a month! Imagine how much that would be in a year! So we started to save small coins and also stopped eating out too much. This was one of the ways we were able to save for our wedding (for my part, I was able to save for my dress, shoes, earrings and head accessory). Yes, we’re proud to say that we financed that marvelous celebration of our lives!

In a reply to one of my posts, (this time, in my personal Facebook page dating 22nd February 2017), Edward recounted an advice given to him by his father. Honestly speaking, I wasn’t prepared to be blinded by the light.

I joined Les Grands Ballets Canadiens at 17 years old as an apprentice. I was paid half the salary of a corps de ballet dancer ($75.00 a week). I managed on that fine. It was tight, but I did it. However, after three months with the company, they tore up my old apprentice contract and gave me a corps de ballets contract. I wrote to my father with excitement. ‘My salary has more than doubled. I now earn $155.00 a week!’ My father expressed his pleasure but mentioned… ‘If you got by on $75.00 a week, this means you could now save one whole salary each week.’ What a brilliant observation. However I did not follow his advice. I adjusted my standard of living to my larger salary. I had not ‘adulted’ yet. In youth, there is a tendency to spend all the money we have before our next pay day. It really does not matter what the salary is, we will be out of money by pay day. I was poor, then rich, then poor, then rich, then very, very poor, and now I am financially independent. Like others, I have been through it all. And, I learned from it all. When the endless value of money is recognized, we will prefer the money (security) to the fancy shirt, the latest shoes, the newest gadget and the expensive restaurant. I used to live in a three story house on two acres of land with a swimming pool and three cars for two people. Clearly I had far more than I needed. What do two people do with an acre of land each? Why would two people need three cars? Why would two people need three stories? I was working two jobs and was sick with the work. I felt I needed to reward myself for working myself to the bone. How very stupid of me. I earned $90,000 a year and was always broke before pay day! Now, I have no car, no smart phone, no cell phone, no television, no house, no iPad, no IPod, no MP3 player and no cell phone. What do I have? financial security and peace of mind. The value of this is far greater to me than any material thing.

*Edward’s computer would automatically and stubbornly replace the term “adulting” with “adulating”, and so he spent the whole time with the latter word. Colorfulifesite edited the rest of the typos.

-The End-

Don’t hesitate to comment on Edward’s ideas, or share your own experiences in “adulting” and money management!

Remember that you can write to: colorfulife@outlook.es, or use the Comments’ Section below, or you could also use this blogsite’s Contact Page to tell us your stories. Thank you!

7 thoughts on “What’s on a reader’s mind (2)

  1. That’s a weird coincidence, I just wanted to google advice about how to save money, and found this blog with you mentioning Edward Hillyer, who was a good facebook friend of mine too, who helped me a lot through dark times, gave advice and told me stories of his life. Yes, he was special. Cheers from France.

    Liked by 1 person

    • Bonjour ! That’s very sweet of you to stop by and share your experience with Edward. I haven’t seen him in FB for a while. He’s a wise, kind man. I learned a lot from him and I hope to continue doing so. Saludos de Madrid!

      Like

      • I’m so sorry, I thought you knew he passed away last week, so sorry I am the one to tell you. 😦 He has a new FB page, please have a look.

        Like

  2. Inspired by your blog, I had some fun pondering about my way of saving money. Then I realized that there’s nothing really new here, however, now that I’ve written it, I decided to post it here nonetheless. So here you are. 🙂

    1) I once had a friend who used to say: “I’m not rich enough to buy cheap things”. Once I understood this paradox, I made it a rule for the things I *have* to buy (household etc.): Better buy expensive (sustainable, high quality) once, than cheap ten times. A washing machine for 500 euro that lasts for 20 years is cheaper than five of them for 200 euro that are immediately broken…  Not only is this going to spare you money and nerves in the long run, it will also carry you through tough times. When I was unemployed, I was happy to know that I can rely on my fridge, my bike, and my boots. 

    2) You can, however, combine high quality with a low budget if you buy your clothes second-hand. Need a quality costume for the office? Reliable boots for your outdoor trips? Something original for your next gallery opening event? Try vintage! You’ll find designer items (all that stuff bored upper-class folks throw away), hand-made clothes from long-gone old times as well as surprising accessoires…  Apart from making a statement against mindless consumerism, you’ll get the opportunity for experimentation and discovery, so that you can playfully express your unique personality.

    3) As for the superfluous little luxury things: I made a habit of writing wish lists, instead of buying spontaneously (mostly, lol). So I have time to ask myself: Do I really need yet another lipstick, another art book, another ballet skirt to be happy? It’s impressive to witness how most of those wishes just vanish into thin air if you wait a bit…As for those things that turn out to be stubborn enough to become a must-have: Delayed gratification is double fun. Enjoy! 

    Liked by 1 person

    • What a fun comment, Annette! Thank you so much!

      I agree on your first two points, and I’m currently applying them in my day to day. Pity I didn’t meet you beforehand because I had to learn all of them through experience.

      The third tip honestly surprised me. And as far as my awareness allows, I would start doing that, too. See how it goes for me.

      I hope the readers could learn as much as I did with what you shared. =)

      Like

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