Category Archives: Financial Freedom

Happy Chinese New Year

.freedom. Originally uploaded by .krish.Tipirneni..

Last month, the new Next Chapter Book Club started, and this time it’s a Mail Around, where 4 copies of the Happy Book are mailed around and the participants each get an opportunity to add our happiness to the book! I’m excited to be part of the Glee Circle (Glee?! Can you believe it?!) but it will be many many weeks before I see the book. In the meantime each Friday Jamie will be asking us what makes us happy, and anyone can participate!

***

Yes, it is Saturday and I am posting my Friday Happy a day late. It was mostly because I wanted to celebrate with you a really big moment in my life, one which came today: I made my final payment on my credit card debt and am now debt-free!* I’ve been paying it down for 5 long years, years during which I had no access to credit, so getting by was never easy. The credit card payments were a huge expense that kept me from having money for all my needs, let alone save or spend on fun. I am under no delusions that life is now going to get 1000x easier and that I’ll be able to buy everything I want, but to not be tied to paying money toward interest accrued on money I borrowed so long ago I have neither much memory of what I spent it on, nor do I still *have* the things I spent the money on, that makes me ecstatic.

It’s also the New Moon, and this Sunday marks Chinese New Year, which is celebrated not for one day but for the entire two weeks it takes until the moon is full again. It is an auspicious time for paying down debts, and you will bring more prosperity to yourself by giving money to others in red envelopes, according to Make This Your Lucky Day: Fun and Easy Feng Shui Secrets to Success, Romance, Health and Harmony by Ellen Whitehurst.  You’ll also want to clear your clutter, wear red and eat mandarin oranges.  You can read more about Chinese New Year traditions relating to money at Wise Bread.

So much celebrating to do this weekend! Today is Madly In Love With Me™ Day (please be sure to pop over to my post for the day, and enter my giveaway!), I’ve already put the solitaire garnet ring on my own finger, I’ve gotten myself a Dagoba New Moon dark chocolate gluten-free dairy-free bar, to celebrate the New Moon and the fact that I am going to see New Moon again tonight. And I’ve used my 60% Michael’s coupon to get a 10 pack of 8×10 canvas for $8.00! Less than $1 a canvas! Here’s what I’ve got planned:

  • Hot Date Night: Taking myself to see New Moon which is now running at the second-run theater.
  • Making some scrummilicious Orange Chicken linked to in this amazing Chinese New Year post on Ree Drummond’s Tasty Kitchen blog. (It’s gluten-free, as long as you use G-Free soy sauce  — I use Bragg’s Liquid Aminos — and substitute a small amount of corn starch for the all-purpose flour in the coating for frying; you don’t need as much as stated.)
  • I’ll be writing down some wishes and dreams for the year in red ink and sealing it in a red envelope, which I will then burn on the full moon, sending smoke signals to the Sky Gods and ’sealing the deal’.
  • Shrimp Stir-Fry. Shrimp (as well as dumplings) is traditional for Chinese New Year to ensure Happiness in the year ahead.
  • There’ll be a little dancing.. to Shakira, Lady Gaga, even Loreena McKennitt, and there’ll be some Emmylou Harris to listen to while cooking, she has a voice of an angel..

Wishing you many many more happies for the coming week and a bright and shiny Valentine’s Day and Chinese New Year!!

*You may recall I had also incurred medical debt last year due to health insurance deductibles, an emergency MRI and gallbladder surgery. Gratefully that was mostly paid off last year, and at Christmas I received a letter forgiving the remaining $200 owed to the local hospital!

Looking Forward

photo credit: we heart it

As you know, I picked a word this year in lieu of making New Year’s Resolutions. This has somehow not stopped me from making some commitments that look suspiciously like New Year’s Resolutions, a sky full of little umbrellas to fly me through 2010 with pizazz.

Remember those posts I wrote for Gwen Bell’s Best of 2009 Blog Challenge? They started out with that intro about 2009 being “the year I got really sick”. Well, it’s true. But re-iterating that story so much in December made me realize it was just that — a story. As Lisa at Sacred Circle so succinctly put it, we all have stories that we cling to like Velcro. So no more wallowing in or telling that old story. I’m on my way to wellness now, armed with choices (it only recently occurred to me that not only am I the patient, I am the consumer, so if I’m not satisfied with the care I’m getting, I can go elsewhere!) and a naturopath who seems to have a pretty clear idea of what my body is going through right now. My focus is on Wellness.

Wellness
Toward that end, I was pleased when Leo Babauta of Zen Habits recently unveiled his new website, 6changes.com. It’s all about creating 6 new habits over the course of the year, starting in small increments, making it so doable you really can’t fail!

My first habit is the most important, one I began working on since I began seeing my naturopath in late fall; and that is Eating Better! This is not about worrying about the numbers on the scale, this is about nourishment and eating to add years to my life rather than shaving them off with each cheeseburger and milkshake.  My eight baby steps in eight weeks to eating better are:

  1. Drink only water, green tea and *occasionally* milk, rarely juices. Drink water when soda craving hits. The point here is not to be ingesting unnecessary sugar, which my kidneys and adrenals don’t like.
  2. Start day with breakfast including good protein. Again, this is not just common sense, it supports my adrenal function, esp. if I eat this within an hour of waking.
  3. Plan afternoon snack of veggies and salsa or hummus or peanut butter. Having a little protein every 2-3 hours or so.
  4. Add a fruit each morning before breakfast.
  5. Have two veggie servings with lunch.
  6. Have two veggie servings with dinner.
  7. Eat fish 2x a week if possible, and take fish oil.
  8. Eat lean proteins and beans, following good food combos. Food combos are pretty important for optimal digestion. For those interested, I highly recommend the resources available at Great Taste, No Pain.

In keeping with Wellness, and with my naturopath’s Rx for my adrenals which includes relaxation and gentle exercise, I’ll be joining Marianne at Zen & the Art of Peacekeeping, in 30 days of yoga, beginning on January 15th. And I signed up for The Happiness Project, where the word for the month of January is Energy. The two top tips for jump-starting energy are to sleep more and move more.

If I have my way, I’ll be incorporating some raw and a little Nia into my life with Goddess Leonie’s Radiant Goddess E-course, beginning January 17th. There’s still time to sign up, and if you have yet to check out her amazing 2010: My Goddess Year Guidebook and Planner, you can get it at a discount for signing up for one of her courses!

Making Space
Shannon’s put together a year-long challenge dedicated to creating space for the things you love, and for the time to do the things you love. I haven’t defined my precise goals for this yet, but having read both Karen Kingston books last year, I’m working toward a big decluttering, after which I plan to do a formal Space Clearing. If you’re just looking for decluttering inspiration, I heartily recommend her book Clear Your Clutter with Feng Shui. With this book alone, I tackled getting rid of a huge chunk of my book collection, books being one of the hardest things for me to let go of. She gently suggests that once we have read certain books enough times, their energy is fully integrated into our beingness, and we don’t need the books anymore. Likewise, we may have grown past or never grown into some of our other books, or we might be hanging onto them out of guilt for not having read them yet.

Financial Freedom
This past weekend my sister brought up the house mail. Since I have a PO Box, I receive very little mail at the house, and so I rarely check it. In the mail she brought up was a letter from the local hospital. I had owed them money toward my 2008-2009 deductible when I had to have an emergency MRI two days before my insurance calendar year was over (a week later I had surgery and had to pay the deductible… again). I had been paying in small increments as I incurred the debt almost in tandem with the surgery debt, and as I was expected to pay that as well, I could only work it into my budget at a smaller amount than the one suggested. I was told to send my proposal in writing and they accepted it very quickly. I made regular payments but still had an outstanding balance which I was continuing to pay off. However, at the end of December, as the letter was dated, funds had been applied to my balance so that I no longer was on the hook for the last $200! They stated they understood the financial hardship and appreciated that I continued to make payments despite this. Woohoo! This make me free of medical debt. (Another way to say goodbye to the Year of Sick story).

This got me thinking about money and how I handle it. I’ve been poking around online this week looking for good financial blogs and resources. I have a lot riding on learning how to rein in saving and spending habits in 2010, because by the end of February, I will be completely debt-free for the first time in my adult life. Rather than throw caution to the wind and blow my new-found freedom (which is just the freedom of a little more money to myself each month — I still don’t have any credit), it seemed I ought to have a plan in place both for saving and for determining how and when to spend money.

I found a great blog, The Simple Dollar, and a great resource there which is called 31 Days to Fix Your Finances. It’s a series of 31 posts aimed at getting your money on track by determining what you value and what you’re worth. It reminds me in many ways of Your Money or Your Life, but it’s less intimidating. Today will be my Day 1 of 31 days where I’ll be sitting down with the lessons and taking stock.

It feels like a pretty good start to 2010.