August 6, 2012

Shifts in money attitudes and life priorities

Subtle shifts have been happening in our lives over this past year and a half, underneath all the big stuff, and I’ve had a hell of a time processing the whole of it.

The part about us….

PiC and I spent a long time circling the table, not outright talking about the money issues in detail.  We didn’t make time, between the overworking, the travel, the other life stuff, but it seems we’ve still ended up on the same page, or at least in the same chapter.

We want the same things philosophically:  financial stability, the ability to care for ourselves and our family (whatever that family is), the freedom to live our lives with some choice and reasonable amenities.

We want the same things materially in the near future: a home where the Doggle can roam (he gets everything), a chance to improve my health so that we can make decisions about life a little less under duress, more time for him to dedicate to his hobbies.

And that’s good. The details aren’t always exactly aligned but that’s part of the process. And you know, partnerships.

The part about money …

There comes a time when Bag Lady Syndrome fades a little. It doesn’t go away entirely. But it fades. I look at our retirement accounts, and I see that they’re not piddling. I look across all our accounts and see that they’re not astounding but they’re a variety of vehicles and growing incrementally despite the fact that I know we are spending money every month, and not necessarily on things I always approve of.

Guess what? We can spend on necessities, save, support my dad, spend on non-necessities and it’s not the end of the world. Heaven forfend, we haven’t combined finances yet either. Shut the front door. We’re not hiding anything from each other, the small things are small things, the big things don’t happen in the dark, and we haven’t crashed our cash flow or our savings. Bit of a shocker, to be honest.

It’s like we just ran an experiment on ourselves. We can live in an universe where my heart doesn’t stop if I don’t know where every single penny goes, and he doesn’t spend like a Spender chafing under the restrictions of Revanche, CFO. Certainly it could use some fine-tuning but that’ll happen as it does.

I don’t know if it comes to a greater surprise to anyone than me that this is possible. Among other surprises:  He still tracks all of his expenses. I don’t anymore, I know when I spend cash and I note it somewhere but make it a point to nearly never do that, and just keep an eye on my CC statements.

I still don’t track our combined Net Worths yet.  That’s a Mount Midoriyama for another day.

The part about self care….

Everything under the subject of my health has been a slog this year. I would say a challenge but I rise up to challenges. This has been more of a death march.

I’m happy that I’m able to function, but that’s a loose use of the word function. There are indicators that even for me, even with my typical ability to power through pain, enough is enough.

We passed “enough” several weeks ago.

I worked with my doctor on a variety of treatments. It’s hugely time consuming (opportunity cost) and sometimes expensive, but if I’m going to make it through this period until I resolve the bigger underlying problems, I absolutely have to do it.

If I hadn’t made some of the choices I did earlier on with my career starting with leaving my first industry to go white collar, moving into the roles that I have, cultivating the position and support, setting up and training my team, etc., I suspect that I wouldn’t have the choice of taking that time out or spend my money without anyone balking or questioning me. So I’m grateful not to worry as much about my job security as other people would have to. This is a combination of work, luck, skill, and privilege (On privilege: Oil and Garlic and Cloud) The daily stress is bad enough without adding that particular type of stressor to the mix.

My FSA account has been getting worked over and when we got married I added more money to it. I’m certain it will be drained by the treatments before the year’s end.

This is new – taking care of myself and spending real time and money to do it. I’ve been living with this pain since long before I’ve taken care of my family.  For the first time, not that I don’t still have responsibilities and people depending on me, but for the first time, my health is finally a real priority for me and not just an obstacle to get past.

I suspect it was because I never wanted it to define my life, to limit my life or to be the focus, particularly because I dealt with ignorant doctors for umpteen years who dismissed the problem as “all in your head” and refused to diagnose it, leaving me with no answers and no possible solutions. But by ignoring it, that’s still exactly what the health issues became. Now, it’s time to really deal with it as best I can.

It’s no coincidence that this is a priority now. Without the Iron Fist Grip on the finances loosening, survival would have remained the top priority, not thriving.

Nicole and Maggie and feMOMhist both talked about this.

The part about having and doing nice things ….  

Lots of my old habits still hold: I still don’t go out to eat, especially alone, making do w/freezer or pantry. I only buy strictly utilitarian clothes. I buy books if I have Amazon credits. I occupy free time by working on projects that make me happy instead of going out (and spending).  These aren’t deprivations – these are habits I keep because they make me happy or not unhappy.  But I can spend a little now, and so I will.

The happiness value of PiC buying things on sale from his favorite shops or my shipping a package of Cheer Ye Up goodies to a friend cost about the same. They also don’t happen every day or week, so they add up slowly.

We will eat out at our local ethnic restaurants together when we’re too tired or pressed for time to cook. The food’s good and meals will come under $25 for two.  That’s a nice thing we can do for ourselves.

One or the other of us can buy a semi-big ticket item once in a while as well. He was of the belief that it was never a problem if it was a need (trumping cash flow) while I believed it was always a problem regardless of the need (cash flow trumps). We’re in agreement now: it’s ok for it to be a sometimes thing.

Packing at the last minute for work travel earlier this year, I realized something seemingly trivial but rather embarrassing. I didn’t have any decent handbag in good condition that could double as a lightweight travel bag.

It’s just not something I think about – I use whatever comes to hand, lightweight totes or old purses, on personal travel because I don’t need nice stuff. It’s going to get tossed around in a car, a plane, a train, or wherever else I’m going.  Nice stuff is for the aspirational me.  Or so I had decided, dismissively.

But, in business as in most formal settings, one shouldn’t show up unkempt if you’re meant to be taken seriously. Well, unless you’re the eccentric genius or much-lauded brilliant whosifer in which case you could have half a head of hair the wrong way on and it wouldn’t much matter. That is not me.

So when I showed up to that conference, with fraying bag handles on a decades-old bag that I didn’t notice until I got there?  It was like showing up to a formal interview with a hole in my shirt. Igh! That bag was tucked right under the table with a silent promise to take care of it when I got home.

I don’t call consumer goods “investments”, but having a good set of clean, crisp clothing and a set of decent accessories to go with it is, I will ‘fess up, worth something. I’d come around on the clothing thing a while ago, but had a blind spot when it came to the accessories, particularly the handbag thing. It’s one of those things that is invisible until you bring an eyesore.  (As it turns out, I should have learned my lesson about three years ago.)

I returned, hangdog on the matter, and grumpy that I had to find something *just right*.  Only complicated the search by insisting it had to cost under $80.

PiC endured my online shopping plaints for a week, helped searched for bags, then told me to shut up and raise my price point. No, he was nicer about it. But even I was sick of the whole thing by then. It took nearly a month but I ended up spending – I wasn’t going to say but, this is still a finance blog – $400.  I bought gift cards at a discount first but it was still a hefty whack.

I would probably have had an mini-aneurysm over that out of context except:

I haven’t purchased a purse in 4 years.
I won’t buy another one for probably at least another 5-7 years.
It’s a very sturdy, lightweight bag from Nordstrom so, should there be any quality issues I won’t have any issues returning it.

The most important point, though, is that I didn’t need to stress about this relatively high-ticket purchase – it came out of my cash flow and didn’t impact anything.

Even though it wasn’t planned for, it was within my means because I’ve not been spending much of my disposable income.  So once I committed, and determined that it would suit the purpose, it was fine.

The part where I realize …. 

We are in wealth nurturing mode. At some point, even I stopped needing to stay in survival gear. For twelve years, I drove in multiple gears: saving, maintaining survival gear, and investing, all simultaneously for various parts of the family.  It comes as a surprise that maintaining frugality is, for the moment, a practiced preference and habit, not a need.

We can afford to invest in my health, speculate a little about our future, and think about trying new things rather than just doubling down if we’re willing to stretch ourselves in different directions.

It’s time to start evaluating those options, those roads I didn’t even peer down once upon a midnight sky, because the only road I ever set my feet down was the one I was sure would keep my family under a roof with food on the table.  It’s time to marshal the resources and start dreaming. For the first time, maybe.

August 2, 2012

Shame on you, Avis

Avis likes to bill itself as the car company that is “in the business of treating people like people” but after this last straw I would suggest that, as an absolute value, that means very much the same as “crap.”

PiC recently rented from them on a trip and I am appalled at the cavalier way Avis handled the situation.

He had prebooked the rental: prescheduled the pick-up and drop-off times, and prepaid as well.*

He happened to arrive to the rental agency earlier than expected and asked the logical questions:

1. Can I pick up the car early?
2. Will I have to return it early (because he had prescheduled events and needed it the full time)?
3. Will there be any extra charges if I take it early and do not return it early?

To make it more clear, he added: If there will be any extra charges, I can wait the extra hour.

The girl at the front desk said: Yes, No and No. Most certainly no problems with that.  I would have insisted on getting that noted in writing but I’m a suspicious sort of character.

He came back at the preappointed time only to be held hostage for half again the cost of the rental for the additional time he had the car.  Say again: he had the car a mere hour and some extra, and they charged him half the cost of the weekend.

Abso-screeching-lutely not.

He had a conversation with another CSR at that point and that fine fellow had the nerve to say that yes, indeed, he had been given the wrong information at check-in, BUT it was his responsibility to know better and to follow the contract instead.

Are. You. Kidding?  You ask questions because a live human being should be intelligent enough to know how to handle “unusual circumstances”!  Like when they can or cannot make exceptions for a prepaid contracted customer!

And you, with something-teen years of experience, you can sit there and say that it’s the customer’s fault that he was given bad information when he asked a question that he should reasonably be able to provided an answer. And if your staff are ignorant or incompetent, then you should be taking this as a sign to remedy that problem post-haste, not turning around and pushing blame on the customer.  And to compound the issue by insisting that the customer who was poorly served with bad information, the customer who was perfectly willing not to take the car until it was the scheduled time specifically to avoid incurring that cost, insisting that he is at fault and needs to pay?

No, dear.

1. Dispute charge with credit card company.
2. Scathing blog post.
3. Slightly less scathing letter to Corporate to share the glorious service experience they have provided.
4.  Wait to see whether we black list Avis. Your move, Avis.

*Never again.

August 1, 2012

Rest and Reclamation

The moments that rejuvenate our souls are far too limited.

Time for discovery, rest, memory creation and enjoyment is restricted. For us, only the weekends and only those few weekends when we’re not traveling for work, for other people, for something else, or full up with chores and every other necessary fact of life, are “free”.

I knew I’d gone stale but it wasn’t until we came back from Comic Con and I felt the tiniest trickle of creative energy coming back, my brain energized and stimulated from steeping in the sheer power of so many creators, artists, writers and thinkers despite my overwhelming fatigue that it felt like any little bit would make a difference.

The problem was clear, but the solution wasn’t so much, especially when even the effort to do fun things felt like too much.

Still, it didn’t seem like the worst idea to venture across our thresholds to taste a bit of the world.  While I meditate on my next big steps, getting out and living real life makes a difference.

We were horrified to see this machine eating up the walls of our long time grocery store … it turns out they’re making way for a bigger and better version of it.

The lack of good affordable sushi in my life here has felt like sensory deprivation. There’s a place in Southern California that I used to frequent with a good friend where we’d fill up on some of the freshest fish for about $20. Fish for the frugal soul, I tell you!

This was the first reasonably priced, good quality combination fish sashimi plate we’ve found in the area. Score!

There’s something so soul-warming about an amazing bowl of ramen. I could say nearly the same thing about a mediocre bowl of ramen, really. Ramen is such a childhood staple, it nearly doesn’t matter how good it is.

Measuring about 12 inches across, the Super Shoyu Ramen bowl would loom over your shoulder if it weren’t in a bowl. Full of yummy noodley goodness, I’d still go with a mini super shoyu next time for sanity’s sake. This took two of us to finish.

It starts to feel more possible to find one’s center with a full belly and sun-warmed toes.

July 30, 2012

A View from Halfway Up the Hill

A sensible, interesting, sciencey-businessy, working-mom blogger I admire, Cloud of Wandering Scientist, was gracious enough to take the time to write a guest post. I couldn’t precisely remember what I asked her to focus on, but it must have been along the lines of what I’d ask anyone I like: Tell me more. Tell me more about your journey. *props head up on hands* How did you get here and how and why did you make the decisions you did? I am interested to hear.

One of the many things I enjoy reading in Cloud’s writings are her reasons. Her opinions are great too, whether or not I agree with them is irrelevant, but I enjoy hearing how people think.  I love this post. I think you will too. (She’ll also be swinging by after work to answer comments.)

I write a lot about being a mother in the workforce on my blog, usually from the viewpoint of “Hey! This does not suck anywhere near as much as those people tell you it does!” Revanche saw one of the posts awhile back, and asked me if I’d do a guest post on the topic. I said yes, and then promptly got buried in various work and family needs, and it is now at least a month later than I told Revanche I might be able to deliver a post.

And that, right there, is one of my lessons for being a happy mother in the workforce: there isn’t a lot of time left after work and family claim their shares, so be careful what other commitments you make. You can’t always predict when work and/or family are going to need more than their usual amount of attention.

But I’m getting ahead of myself. Before I start giving out advice, I should tell you a little about myself, so that you can decide whether or not you think anything I say is at all relevant to you and your life. I am 40 years old, married, with two daughters, aged 5 and 2.5. I also have a PhD in a field that combines biology and physical sciences. I did things the boring way, going to graduate school straight after I finished college. After I finished graduate school, I went to work in the biotechnology industry, and have mostly stayed there. My work has always been a combination of science and computers, and over the years has also involved an increasing amount of management. In my current position, I lead a group of 4 other fulltime employees and a revolving cast of ~10 contractors. I also manage all of our projects. We are responsible for the scientific databases and associated software at a medium-sized biotech company. In short, I have the sort of “demanding career” that you so often hear is incompatible with motherhood- and to make matters worse, I’m ambitious, and intend to go higher still in my career, albeit not necessarily right at this instant.

I was working as a contractor when my first child was born, and was able cut my hours to 35 per week for several months (with an accompanying cut in pay). But that job was evolving away from the work that I find most interesting, so I gave up my reduced hours and found a job at a biotech company, where I worked 40-45 hours per week. That company underwent downsizing about a year and a half ago, and I was laid off. After a few months of unemployment, I landed in the job I have now, where I still work 40-45 hours week. In many ways, this job is a step up from the previous one- I make more money and have more responsibility and power. And the previous job was a step up from the contractor position, since it gave me my first opportunity to directly run a group rather than just projects. More importantly to me, though, each job has continued to expand my knowledge and skills, which I believe will set me up for more career growth in the future.

So, now, on to the advice. I think the best thing to do is to tell you what I think I did right, where I think I got lucky, and what mindsets I think help me stay happy despite the fact that there are clearly aspects of my life that are made unnecessarily hard by our culture.

Things I Think I Did Right

Figured out how to be super productive in a 40ish hour work week before I had kids. This is huge. I get as much done in my 40-45 hour work week as a lot of people do in 50-55 hours. And the fact that I had a reputation for this before I had kids has probably contributed to the fact that no one thinks I’m scaling back now that the kids are here. I have an old post on my blog about when I discovered my work limit and figured out that I didn’t need to work crazy long hours.  Married a man who is a true partner. Oh, we still squabble about chores occasionally, but that happens from a base assumption of equality, and that we’re both equally responsible for chores and parenting.

We bought a smaller, more centrally located house rather than a larger house in the outer suburbs, which cuts down the time we spend commuting.

Worked hard and developed a reputation for being a valuable employee before I got pregnant- this made it easier to negotiate the maternity leave I wanted (I took three months off, and worked 3 days a week for the fourth month) and other accommodations (I work a slightly shifted schedule).

Points on which I Got Lucky

My husband and I work in the same part of town, which makes it easier to share drop off and pick up duties. Unless I change jobs, this will change in about a year, since my company is moving, and I can already see that it will complicate logistics, at least until my youngest child is out of day care.

My parents are retired, and my mother is willing to fly over and provide back up child care when someone gets sick.

My chosen career works well with the pattern of putting in a little extra time after the kids are in bed

Mindsets for Happiness

I compare my current situation to real alternatives, not idealized impossibilities.

I don’t allow the media-fueled “mommy wars” to drag me into feeling guilty. I spend plenty of time with my kids, and I put plenty of effort into my career.

But wait! you say. You’ve heard that you can’t “have it all.” You’ve heard that combining career and motherhood is exhausting. You’ve heard that having kids will stall out your career.

Well, to all of that I say “maybe”. And to beware of people who are sloppy in assigning cause. Do I “have it all”? I don’t know, it depends on your definition of “it all.” I have what I want, for the most part. Am I tired sometimes? Hell, yes. I’m tired A LOT of the time. But when I look at why I’m tired, it is because my 2 year old likes to come join us in bed at 2 a.m. and my 5 year old has been waking up before 6 a.m. these days. It is because right now, both of my kids are in a phase where they want mommy all of the time. I don’t see how quitting my job would fix either of those things- in fact, it would make the second one more likely to drive me to distraction. I also wouldn’t trade my daughters for more sleep, so I figure this is an instance where I put up with something slightly suboptimal in my life because the beauty of the larger picture makes up for this little flaw. Has my career stalled out? Hell, no. I am not on some meteoric ride to the top- but I wouldn’t be on such a ride without kids, either. The fact of the matter is that the step from middle management (where I am now) to upper management (where I plan to be someday) takes time, regardless of what else is going on in your life. There are only so many positions at the top. Don’t be fooled by looking at high profile examples like Yahoo and Facebook into thinking that there are a bunch of bright young things running corporations these days. Even at start ups, experience counts, and the only way to get experience is to put in the time. This can look and feel like a slow down in your career progression, but I am not convinced that it really is.

So, if you’re in your 20s or 30s, looking ahead to your future, and worrying about combining parenthood with careers, my number one piece of advice is to stop worrying. Do what you want to do right now. If you care about having a career, chase your career. If you later have kids and decide you want to stay home with them, or drop back to part time, or whatever- you can do it then. Since you will have been living the life you wanted up until that point, you’ll have no regrets, right? If you later have kids and decide you want to keep working, you’ll be set up to do that. Having a strong career makes that easier, because you are better set up to negotiate for the accommodations you want and because having money means that you can “buy time.”

Trust yourself. You’re smart, and you’ll have a partner who views you as a true equal (because why would you marry someone who doesn’t?) so you’ll be able to figure out solutions to the logistical issues that will inevitably come up. Don’t believe the people who tell you that all working mothers are stressed out and miserable, and that it is “impossible” to do X, Y, or Z with kids. I’m really happy, and so are a lot of my friends. I’ve watched people combine a lot of different things with motherhood: demanding careers, serious hobbies, amazing international travel… With a little luck, some thoughtful choices, and the right mindset, you can have as much of “it all” as you are likely to want. The key is to figure out what you really want, and not let our cultural insecurity about motherhood scare you away from even trying.

July 17, 2012

Note: Construction and Dust

By the by, rather belatedly, I should note that if you haven’t noticed, we’ve been under construction hereabouts.

The wonderful @cthulhuchick has helped me move this blog from its old home at Blogger and the old URL at www.agaishanlife.blogspot.com to self-hosted WordPress and a brandspankin’ new URL: www.agaishanlife.com.

If I’m on your blogroll, I would greatly appreciate it if you’d be so kind as to update it. The transition wasn’t totally seamless, of course, and some people noticed a few oddities on the morning of, for which I apologize but by and large it was incredibly smooth for a transition that could have been rough’n’tumble.

If you notice anything else that is strange and remains unfixed, do feel free to drop a line here and let me know!

July 16, 2012

Financial Institutions joining the 21st Century (or not)

Glory be – the water company has finally launched a (gasp) website!!

We can view or pay our bills online by check or credit card, in real-time (!) though they may charge a fee for the privilege of paying the bill. They’re seriously considering charging for the privilege of AutoPay!

They’ve taken so long to implement these electronic services that they have managed to get on the carousel right when the rest of the world is starting to take a step backward to a time where using credit cards may cost money.

I was most displeased to read this article in the Wall Street Journal where, as a result of this settlement, merchants are now allowed to charge customers who use credit cards more as an offset to the interchange fees imposed by Visa and Mastercard. (Discover and American Express charge as well but weren’t part of the suit.)
Whether they will actually charge more remains to be seen – smaller merchants represented say they won’t lead the price increases, likely because they don’t want to anger their customers but I know some merchants already do offer tiered pricing with discounts for their cash customers and that’s probably the model that will continue.

That’s a huge pain, I hate carrying cash but if cards will cost more than I’m simply going to change how I pay for things.

In other news, we’ve closed one of PiC’s accounts with a credit union where they were charging him $8 a month for paperless statements.  Unbelievable temerity. It saves paper, time and cost, and yet they’re charging serious money per month. Thank you and we’ll be taking our business elsewhere.

July 1, 2012

Ticketing Trifecta

June was not a good month for us, cars and getting in trouble via our cars.

Generally, I only talk about me and peripherally PiC here because we haven’t really ironed out the ground rules about what’s ok to share here. But this is one of those best (worst) two out of three sorts of things where we were together for most of them so I think it falls under the “us” category.

1. Out of towner: The car was reparked on the wrong side of the street for less than five minutes so that we could, separately, pay the hotel bill and walk the dog right before loading up and leaving the city after a weekend trip.  Parking ticket: $50. 

2. Taking the usual route: Busted going around 50 in a 34 MPH zone. What is a 34 MPH zone? Speeding ticket: $XX + Traffic School.**

3. Counter-intuitive Parking Structures: Forgot to pay for parking which you pay once you’ve parked and gotten into the station, right before you go running to get on public transit. Gah. It’s so easy to forget because it requires me to turn the opposite direction I’m going in to find the pay station for the parking booth. It’s even worse when you don’t use the station frequently. $6.50 for him to go back to pay the parking fee but the train was so delayed that it was a futile effort and had to give up. Somehow, didn’t get ticketed.

**I don’t really recall the stories or rules of how traffic school works precisely, whether you pay a whopping couple of hundred dollars and a full soul-sapping day for the school to avoid a point against your license or whether it’s down to a few hours and a lot more money. But at least traffic school is an option against a fat fee, a point against the record and a long-term insurance hike.

This website and its content are copyright of A Gai Shan Life  | © A Gai Shan Life 2024. All rights reserved.

Site design by 801red