Tale of the Tape
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Like many people in my generation I grew up knowing nothing of how personal finance works. My only relationship with money is that I never seemed to have enough of it. In fact I seemed to be losing money at an increasing rate. Living paycheck to paycheck was the only life I had ever known. It had been handed down from generation to generation like an ornate pocket watch. There was literally a time where I thought that it was expected that I would have a bad credit score because everyone around me had one and never seemed worried. In fact the topic was their favorite self-effacing punchline.
So I lived my life in the same manner that many before me had done. Spent every dime of every check and often sent my checking account negative. Took on debt for purchases long since forgotten while never saving a dime. Ignored the bill collector letters and calls for as long as possible.
So what caused my great epiphany? That’s simple; fear.
Fear is a powerful motivator and for me it was the only thing that was eventually able to cut through the fog. This fear was brought on by me preparing to leave the safety blanket that is the military. Within the military, or any federal government work, you know that your paychecks will arrive regularly and how much they will be. However, this is not the case when you’re living life as the other 99% of American citizens do. I knew that I needed to safeguard myself from sudden unemployment, taxes, health insurance costs and the myriad of other financial matters I never had to consider. With this realization I began to think beyond saving and into a complete re-evaluation of all matters personal finance.
Which leads me to the reason I decided to start this website. I knew that statistically speaking many people were in the same or similar boat that I found myself in but no one seemed to be writing anything geared at those starting later than they should have. Every finance book or blog written seemed to mention how compounding interest works with an example of someone starting in their early 20s.
So where does that leave the rest of us? The late financial bloomers if you will.
I decided to be the voice of these forgotten people. The clumsy, non-expert, still finding my way through this personal finance world voice but a voice nonetheless.
If you continue reading this website I cannot guarantee you riches, good health, or an attractive spouse but I can promise you that I will share my personal journey and provide information as I find it. I may not always have the answers but we can find them together.
So begins the Rocky story of finance. This is how I plan to stage my 12th round comeback.
“Let me tell you something you already know. The world ain’t all sunshine and rainbows. It’s a very mean and nasty place and I don’t care how tough you are it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain’t about how hard ya hit. It’s about how hard you can get hit and keep moving forward. How much you can take and keep moving forward. That’s how winning is done!”
― Sylvester Stallone, Rocky Balboa