I learned about money early - My parents ensured it although it was not always directly. I learned through observation, the way they managed their financial affairs and, in a household that didn't have much left over at the end of the week, the lessons were always good ones. I recall hearing them at the dining table after I'd gone to bed talking softly about balancing the budget, what could be deferred and what could not; It seemed difficult and I remember vowing never to be in that position, that I would have a job that paid me a lot of money and I'd be able to buy anything I ever wanted; The thoughts of a naïve child.
The learn
I learned the concept and value of money, how difficult it was to earn, the effort that went into doing so; I started working at about thirteen so that helped. My dad was a very hard worker and a great example too; He was tireless, although I'm sure he got tired.
I learned the need over want ethos but ran right off the rails at times on that front. I learned about investment, return on investment, and how to save. I've never really stopped learning to be truthful, now with crypto-currency there's a whole new set of skills to master try and comprehend. It's a difficult thing for an analogue, none-too-smart, man like myself. I struggle through though and go ok.
I've done pretty well in life. Sure, I've walked some difficult roads but I've always managed to keep my head above water, find the ability to strive, work hard and have found success between the failures. I've also managed to maintain my generous nature, despite it meaning I get abused at times. Used. I guess it goes with the territory.
The ask
I've been asked for money a lot and have freely-offered it also, the most recent occasion being several days ago; It was a genuine offer but politely turned down by the potential recipient. It's in my nature to be generous though, of myself, time, knowledge and money. I like being this way inclined - Humble and kind. What I don't like is asking for the money back - It doesn't feel right, like it's awkward, and so I do not do it - Ever. If it comes back great, if not, I'll wear it; Another lesson learned.
The give
A year ago I loaned $3,000 to someone who needed it quite badly to solve some issues - It was the height of the covid-19 shenanigans and the person was quite desperate so I said sure here's some cash. There was no interest-payments attached, just a promise the funds would be returned by the end of 2020; They were not. I never asked for it, just chalked it up to another lesson learned. What could I do anyway? Break some legs? Over money? That's not my style folks. I'd written the money off when I gave it anyway.
The return
Late last week I got a message from the person telling me they would like to meet. I see this person fairly occasionally, several times a year I guess, so simply agreed. We drank green tea and chatted and then $3,000AUD landed on the table in front of me. There was also a sincere apology for the lateness. I accepted the apology of course, indeed, said it wasn't required, and that was that. End of story. No leg-breaking required, just a happy result as I was really pleased to see the money come back.
The spend
I drove away contemplating what I'd do with that money; Cash I thought I would never see again. The list looked like this: Gun stuff, coffee and donuts, Lego, holiday fund, my superannuation fund, crypto-currency...The choices were endless of course but...Gold. That's what won the day. An ounce of gold, and the change which went into some crypto.
I could have spent it all on crypto-currency instead but I like the feel of metal in the hand and I don't feel it's a bad choice - Maybe not your choice, but safe and sound nonetheless. I think. There may come a time when I wish I'd bought crypto-currency, but I'll enjoy the gold sitting in my safe so it all works out.
I'm really pleased this person found in within to return my money - Every time I loan money I never count on its return; Lowering my expectations like that ensures a pleasant moment if and when it is returned. Of course, I lose a little respect for humanity every time I get screwed around but something in me just keeps wanting to be generous. [Stupidity probably] I guess I refuse to be that person who takes all the time.
Now it's your turn. Tell me what you would have done with that $3,000 if it was returned to you! Gold, silver, crypto-currency, credit debt payment, savings, new television, school fees, a holiday, pay-it-forward, charity, hobbies, prostitutes, gambling, house mortgage...What would you do with a hypothetical $3,000 right now?
Design and create your ideal life, don't live it by default - Tomorrow isn't promised so be humble and kind
Discord: galenkp#9209