It’s been an expensive month. In the span of three weeks, I have both been hit by a car on my bicycle and in the ER for a small motorcycle accident. Before you freak out, no worries, I am a bit sore but apparently it takes more than either a car hitting me or an over 500 lb motorcycle falling on me to upend my work out routine for more than a couple of days. In fact, I am not even impressively bruised. If you don’t closely compare my calves or knees for signs of slight swelling, it looks like nothing happened at all.
What is not cool is the monetary costs that come with this. My bicycle accident totaled about $400 in new gear and bicycle repairs. My motorcycle accident is going to be about the same, because either it is less than $500 straight up, or I am calling my insurance company and using my $500 deductible. Did I mention that my family decided to do one more family reunion, so I’m out another $300?
The magical thing is, that I am not worried about it. My financial stress is close to zero. I don’t need to look up loan companies, and I don’t need to pay interest on my credit cards. My next tattoo session will go on as planned, and today I head in for my monthly massage, a pedicure, and an all natural smoothie break at Sun and Soil.
Hey, I’ve been hit by a car and a motorcycle. I think I deserve a pamper break to take care of all these little aches and pains…. Wouldn’t you?
It’s amazing to realize that while cutting down my costs to pay back loans, I’ve created quite the safety net for myself. My loan payments each month come out to $1775, with only $200 of that actually required. That means my monthly budgetary surplus is $1525. Furthermore, this is at least 50% of the cost of my most expensive possession, my motorcycle. My computer costs $1000, my bicycle $1000, and my motorcycle was $3000. In order to be stressed about my monthly financials, I would have to have a catastrophic string of losses, and not have the insurance to cushion the blow.
Getting hit by a car is stressful. Having a motorcycle fall on you is stressful. It is amazing that throughout all of these incidences, I did not compound my stress by worrying about money.
The moral of the story is, it is important to cut back on your required monthly expenses not only to pay back debt, but to achieve budgetary peace of mind. Once you are in a position where it is achievable and easy to recover from the loss of your most expensive item, the stress reduction is absolutely magical.
My tips to achieve this magical state of being?
#1) Cheap living situation
- I live in an apartment, with apartment insurance. I have zero worries about home care money. When Jesse and I live together, we are planning on building a tiny house costing about $20,000. When we do so, we will still have about $20,000 in savings. Nothing like not having to worry about your house disappearing, right?
#2) Cheap transportation
- My bike is cheap, and so is my motorcycle. Jesse’s car is valued at $5000. I can’t imagine the stress of owning a $15,000-$25,000 car.
There is a beauty in living simply. Happiness is priceless.
This week in updates:
24 hours after getting out of the ER, Jesse and I were doing a 10 mile circuit of our must see San Francisco sights: Alcatraz, Samovar Tea Lounge, Gracias Madre, and Wholesome bakery. Yes, ¾ of the items on our itinerary involved food. Are you surprised? We were not!
I also splurged, and bought non local bananas at the co-op. For some reason, I was consumed with a craving for bananas and almond butter.
The recipe: Fennel Falafel Bites
Makes 15 medium sized bites.
- 2 cups dried garbanzo beans
- 1 onion, diced
- 1 clove garlic, smashed and made into garlic paste
- 1 tbs fennel seed
- 1 tbs garam masala
- Salt to taste
- Red pepper flakes to taste
- 1 cup flour
- Cook garbanzo beans and sautee onions with the garlic until translucent.
- Combine all ingredients together and mash/mix. You can use your hands! It’s fun!
- Form into patties, and cook for 15 minutes of each side at 400 degrees Fahrenheit.
- Pairs wonderfully with cherry mostarda, spinach, and naan bread!