Monday, April 30, 2007

money talks in another kind of slang

Cause I can't feel the field n!ggas chains
Though I covered mine, so I uncovered mine in bling
Then I bumped into a bum and covered mine in shame
Then I bumped into a hon and uncovered mine again


Somehow I have managed to do come out decently financially onsidering the money management training and upbringing and childhood that I had. I think back to the days of Durant Ave and that corner store I spent many dollar bills on chips, honey buns, and soda. You know, your regular ho-hum, junk food staples. Somehow, I managed to take the bad examples I had about savings and leveraged that into a thirst for not repeating the cycle of poverty. And I'm still not quit there yet, because my a$s is straight up on the cusp; barely with my head above water due to some unfortunate outcomes, but it's whatever. At least I am not living check-to-check....yet.

It's harder than sitting with a blind man and trying to describe yellow
-Lupe Fiasco, "Theme Music to a Drive-By"

I am proud of what I have been able to do thus far. Paid for seven years of school myself and ended up with less student loan debt than I had feared. Had (not the as tense) paid off all the credit card bills. Just copped the 2nd crib less than three years after graduating. Balling on a budget as usual. Well, more like scrimmaging. I cannot stomach too much flossing for fun. So anyways, I do recognize that I still have much to learn and there is plenty of room for improvement in terms of my financial acumen. I used to have a subscripion to Money magazine and always found each issue to be great. Speaking of which, I think my Black Enterprise subscription also expired. Hmm. Wonder how and when that happened? Oh well. Time to get the game face on and pick up the pace. I copped a couple of books to read to help get me on the right track (hopefully). Plus, the student loan debt does hurt, but I would love to accelerate the pace at which I get rid of it. At one point, I had a pretty good system and plan in place. I need to get back to that and then not only stick with it, but also enhance it. Things have gotten serisouly awry lately. Thus, while I'm gettin my shT togeher I think I'm going to share whatever joints I come across that I feel were worth my time. Starting with these three:

Don't chase equity with a pricey automobile
by Michelle Singletary

Even in sky-high market, buying beats renting
by Scott Burns

Lessons kids can take to the bank
by Michelle Singletary

2 comments:

Marly said...

when you figure it out, please let pass on the knowledge cuz my ass is most definitely living paycheck to paycheck right now. and it's NOT whats up. you're ambitious though... i guess i should reconsider my suga daddy search??? lol

POPS said...

hilarious. find me a suga mama while you're at it.