There’s something I need to clear the air about here before I get down to some nitty-gritty bits about my personal life, my work life, and my financial life. See, I have a confession to make. I grew up enormously privileged and that privilege has spilled over into my adult life. This despite the fact that my parents believe I’ve made a no-good, horrible, very bad decision by dropping out of college.
My parents are the main folks to thank for this. Together they provided for me a safe middle class life. While there were some tough times during the recession, my parents kept most of the stress out of my life and held the family together through inspiring financial savviness. This meant, among other things, that I did not have to work during high school and that my parents made it clear they were willing to help me fund my pursuit of higher education.
Not only did my parents make my years as a minor relatively blissful, they have continued to support me into adulthood. Should I ever run into trouble, financially and/or with abusive relationships and/or any other kind, I am assured that I have a place to go for housing and food until I get back on my feet. As a newly independent 20 year old, this is vital to my emotional stability. I have a solid safety net.
As I have mentioned before, my father helped me find my first corporate type job. Since then I’ve bolstered that part-time income with other jobs that would not have been possible without that experience. When I learned how to drive, I was loaned a car. Recently, the title was transferred to me, with the understanding that I will pay off the car costs on a five year plan interest free. Yeah, that’s right – interest free.
This next point leads back not only to my parents but to the rest of my local relatives – various aunts, uncles, and cousins. I have a lot of STUFF. Partially funded by myself, partially funded by my parents via allowance and/or gifts, partially passed on as hand me downs from all the wonderful people in my life. The only thing I have had to buy for my kitchen thus far was a whisk. Everything else came from family! My closet was full to bursting until a recent purge. I own dozens of books I have not yet had time to read (I should probably stop saying “I’m bored” and start reading those).
You might be able to say that this leads back to my parents, but you could even lay the praise on my mother’s parents who lived here for decades. I live in a state that has a minimum wage roughly $3 and counting above the federal minimum. The cost of living may be high in the city I’m currently in, but I could always move (again). I am fortunately working above minimum wage at the moment but should something ever happen, it could be worse.
Lastly, through a stroke of sheer luck, I managed to find low cost housing in a high rent area. Even better, my new apartment is within biking distance of work, which is located in an even higher rent area! I was exceptionally lucky in finding this place and I’m thankful that rent won’t present the same struggle it used to.
How are you privileged and how has that helped you in your journey?