In the course of my mental health history, I’ve been diagnosed with, in no particular order, major depression, bipolar II, generalized anxiety, social anxiety, ADHD and, as I aged out of hyperactivity, Adult ADD. Yet my current therapist first to allude to the suspicion that I may be “on the spectrum,” so to speak. At first, I thought she was nuts. Well, I generally think she’s nuts because unlike my other therapists who have been more traditional talk therapists who don’t give direct advice, she’s more of a crossover psychologist and coach. And, maybe she actually sees something that others have missed. Or maybe she’s just crazy. Continue reading
As my long-time readers know, my “impossible” goal of hitting $500,000 in individual net worth before I have my first child is somehow within sight. It’s still seemingly impossible, but I always aim high and see how far I can get. I’m not pregnant yet, so that gives me at least nine months to get there. Below, I’m going to detail my budget plan to take me from where I am today to where I want to be before my first child is born.
On 7/15/16, my networth calculations = $379,412.
This leaves $120,588 to save prior to having children.
Today, we received notice for our annual lease renewal. Our rent will be increasing $170 a month to a total steal of $2465 for a one bedroom apartment, not including any utilities. If we lived in the city the same apartment would be at least $1000 more. That’s life in the most expensive area in the country — no matter how much you make, you’re still not making enough to afford the life you thought you’d have at this point. You just have to wake up from the American Dream and realize it’s just that – a dream.
I’m incredibly fortunate to be one of the few who is making a high salary — more than I could ever had imagined making and more than I believe I deserve. At the same time, I acknowledge that in order to afford a house here you pretty much need to be taking home $400k (as a couple) which isn’t in the cards for our future, despite my relatively very high income – even if I manage to find success and stability in my job. I realize that many others will never even make as much as I do, and I feel I make too much, but it’s a loop of relativity when I try to comprehend how much I’d really need to make in order to purchase a 3 bedroom house with a tiny backyard.
Do I need a 3 bedroom house with a tiny backyard? Even if I don’t, soon our rent, for a one bedroom apartment, will creep up to $3000 a month, even in the suburbs. We won’t exactly be priced out but we’ll be able to save less and less each year. At some point, I think we’ll have to accept that it’s time to leave. And with a total income of about $250k, we’re doing much better off than a lot of people who live here. It’s just not enough and it will only get worse as we attempt to start our lives together.
If kids end up not in the cards, maybe it’s doable. We can stay in a one bedroom apartment, no need to pay for extra space when it’s just us. We can live in a one bedroom for the rest of our lives. This isn’t at all the life I had imagined, but we can survive easily without that much space. If we do have children that changes the story quite a bit. I don’t see how we can have children and remain here, especially if I need to take time off for any reason. The pressure of being the breadwinner, especially suffering from severe anxiety, is too much. If I am responsible for me, myself and I — that’s no big deal, I can roll with the punches, live cheaply when needed, and just weather any storm that comes my way. With children, we need a much bigger security net. We’ll have to move. We will have no choice.
I write this at a time when many entry-level workers here are seriously struggling, unable to feed themselves or pay rent on minimum wage. I feel embarrassed to look at my quite high income and still feel so hopeless, because if I feel hopeless, how on earth is the rest of everyone supposed to feel?
I’ve come to accept that if I’m going to have children we can’t stay here. I don’t have a solution yet or an answer to “where to do we go,” but sooner than later we have to get out. I’ll very much miss the beautiful scenery and sunshine. I’ll look back on my 20s and be glad I had the opportunity to live in such a glorious part of the world. But it’s time to grow up and move out. Or, at least it will be soon.
People say to not worry about the future and to just live in the moment. I find it very hard to do that. We now face the choice of staying in our current apartment and paying an extra $2000 to do so next year (and continuing my 3 hour a day commute) or finding a place closer to work that will either be more expensive or less livable or both. We’ll probably just stay here for another year – neither of us wants to deal with moving, and $2000 doesn’t seem like that much compared with the inconvenience of finding a new apartment and lugging our stuff to it… moving isn’t free either. So we’ll probably give it on more year here and hopefully by the end of the next lease I’ll be pregnant and we can then figure out where on earth we’re going to live in the future (aka not California.)
I had hoped that I’d be at a point in my career where I’d feel so distraught over losing my job / career in order to have a family… but while I appreciate my job for what it is now, and really admire my colleagues and am so grateful for this opportunity… I have no personal investment in this career. I feel no sense of pride in my progress or role. In five years, to continue on this path, I end up in a leadership role were I will never fit. I acknowledge it’s soon time to leave. Right now, the best I can do is hold on for dear life, do the best I can, and try to save money by living relatively frugally and bringing in a good income where most of it goes straight into the stock market / my savings accounts. This may be my last significant savings opportunity in my life, given I plan to move to an area with a lower cost of living and obtain a job which pays significantly less in my next career move. My goal is still to get to $500k in savings before I make this move, and the goal is becoming much more dire given that I’m rounding the corner of my mid 30s and I know I can’t handle this life for much longer. If I can just hold out until $500k — I can completely shift my lifestyle to one of lower income and greater flexibility in another part of the country. We can live off of, say, $100k total across both of our incomes and still live a decent life. If we make more than that, great, but we don’t have to (or, in the case of staying here, I’d likely have to earn over $300k in order for us to hit the $400k mark and afford a small home.)
What was once kind of this running silent joke in my head about how one day I couldn’t afford to live here and that I’d move away is proving true. I guess what has changed is that I’m more ok with that than I was before. I used to think that I didn’t want to trade my career for a simpler life. I didn’t want to be one of those women who had kids and no longer had her own identity, especially a professional identity. But now, I don’t know, my professional identity is not who I am. Despite not making it to Hollywood or Broadway I’m an actress nonetheless, everyday portraying someone who I’ll never be. I’m over this obsession with what I thought was success. I have nothing to prove, no one to impress, no game to win. I have maybe 60 good years left on this earth if I’m lucky, and many fewer with all of my loved ones in good health. I hope to make the most of them, and it doesn’t matter if that occurs within a tiny apartment or a giant house. It feels good to finally accept that… to embrace the loss of this embedded classism my parents have taught me, to stop feeling like if I can’t maintain the level of comfort and luxury from my childhood that I am a failure. The only true way to fail is to lock myself into a life where I no longer have any reasonable options for escape.
How in one breath can reality shift from a romanticized daydream of being a somebody who creates to success begin defined by job title, income, and home furnishings? Of course, this didn’t all happen in just one breath, but today I stop to pause in half-congratulations, half-jealousy of a fellow graduate who has gone on to do great things in the arts and now, 10 years post graduation, has worked hard and created and become one of those people who I thought I aspired to be and I’ll never become because – why? Because I was afraid? Because I didn’t believe in myself? Because I didn’t know what I wanted. I still don’t. Perhaps I never will.
I could easily blame money – the fear of not having money especially – but that was never really primary to the equation. I never gave myself the opportunity to not have money. When I failed in roles that mattered little to me psychologically early in my career I just moved on to the next, each role one further step removed from my deep-rooted passion to make something form nothing and so on – no comment on whether or not I had or have the talent to do so. It doesn’t matter. I’m one of the everyman. No better or worse or different than the next person who is here and gone in the blink of an eye, atoms of self splattered back out to the universe in due time.
Every single day I lose more and more of myself. I try to tell myself that’s a good thing. That’s growing up. That’s being an adult. That’s taking charge of life – grabbing it by the balls and saying fuck you world I wasn’t supposed to do this well but here I am. I’m doing well at that game I didn’t have a clue how to play and fucking A I’m faking everyone out and trying my best when I’m not having panic attacks and somehow I convinced people to pay me a lot of money and now every day I wake up knowing that I’m not a good actor after all and the opportunity is slipping from my grasp yet again… but I never clutched it tight enough to feel so distraught about losing anything anymore. I am not directing a performance where opening night will make or break its run. I’m not painting a picture which might one day hang in a gallery somewhere and be talked about in schools. No one will sip tea and muse over by blue period… of marketing. That’s life. I should be so proud. So proud that I let go of dreams because I wasn’t confident they were even my own, and just said fuck it, I’m going to just do whatever it is the world will have me do and pay me for because that’s better than sitting on my ass, wallowing in self pity and drowning in my solitude.
But I’m always one step, one moment, one millisecond away from this inevitable crash which I return to time and again. It’s as frustrating and horrifying as it is soothing. It’s my eternal womb state to return to, when I am shaking so much I cannot do much of anything except curl up in a ball and cry, deeply wailing alone because I know that there including anyone else in this pity party would only be a childish, selfish activity outside of any paid therapy sessions remaining in my FSA funds. But there I am, a grow woman, falling apart again, just like she did at 5 and 12 and 15 and 21 and always. Growing up doesn’t really go up if you’re constantly falling down. And, I admit, there are so many times when it feels so hopeless. I have these serious deliberations with myself over whether or not it makes sense to keep trying, keep faking it, when I’ll just always be a lie. I’d like to think it’s imposter syndrome – plenty of women suffer from that – but trust me, it’s not. I’m not a fit for this world, but I also wasn’t a fit for any other.
My self worth is defined by my networth. I am $320k give or take in happy with myself at the present moment. I am what I consider approximately five years away from being destitute without outside help, and five years away from having too much pride to ask for any. I could maybe last for five years on about $50k a year and spend down my savings. I’m five years or less way from total failure. I don’t think I’d ever let myself get there, though. If things got that bad – I don’t know what I’d do. But I can’t fail like that, I have too much pride. I’d find some freelance work. I’d do something. I’d get another job. I’d pick myself up and walk again. I’d walk as fast as I could until I fell. Over and over again. For many years. Until it’s over naturally and no one can accuse me of being suicidal or selfish for wanting to disappear or any of that nonsense. I’d just be old and gone and have made it, have survived through it all – for what, these days I’m not so sure, but I’ll keep on running until I see that finish line and when I do I’m sure I’ll regret having wasted all that time sprinting with my eyes only half open.
I guess the short of it is that I have no idea who I am anymore. As a child I defined myself as an artist, even though I knew I wasn’t good enough to really BE an artist – but I wasn’t an athlete or mathematician or scientist or academic or much of anything else — I could only see myself as an artist and the only purpose of life was to create – to output something(s) unique that no one else could share. To give some gift that comes from my hands or my voice or my mind – because I was raised to think this is all I was worth, my entertainment value. And now, I wake up, I go to work, I crack a few jokes I probably shouldn’t be cracking in order to maintain my appearance as a senior business leader (as if I actually have that appearance in the first place is a funny and inaccurate notion), and then I come home, and I go to sleep, if I go to sleep, to do it over again.
When I have children this will change. My life will be for their dreams. And maybe that’s ok. I don’t want to push them towards any dream of mine that went unfulfilled. I know that’s a recipe for disaster. But I’m at this point where I feel so empty because I don’t have anything to care about. I could do a better job caring about myself to start, for sure, but I have so much to give externally and I can’t help but think that’s motherhood calling, hello biological clock. Or maybe it’s just what is feels like to truly mourn the loss of possibility, accept and embrace the status quo as my forever now, just suck it up and live without wanting life to be anything more than a collection of mundane moments with the occasional exceptional spark which warms the heart until the next one comes along.
When you get to your 30s, you realize that 10 years isn’t really that much time from start to finish. Somehow childhood seems so painfully long at times. The stretch between one birthday and the next can feel like a decade. Minutes felt like hours and hours felt like centuries. I remember very clearly sitting in class staring at the second hand slowly clicking its way around the clock. I wasn’t the best student in school, but I certainly was an excellent study of the glacial movements of a clock’s minute hand.
The last 10 years have been filled with plenty of ups and downs. My 20s had their fair share of crazy and now that I’m well into my 30s, I do feel that time of my life is over. And despite that probably being a good thing for my health and sanity, I still feel the need to mourn the departure of my extended youth. I don’t know how it happened so quickly, but it did. And just as the last ten years have passed by so quickly, so shall the next ten and the ten after that. It seems as if there is this cruel joke played on us by time, where all of childhood is leading up to this miraculous part of life where we are just-turned adults and free to be both adolescent and in charge of ever instant of our destiny all at the same time. Then, you’re 21, and, then, you’re 30 – a true adult with wrinkles suddenly etched into her skin, tired eyes and dull hair requiring specialized shine treatments to look half as youthful as you did just years earlier.
I’m less afraid of aging than I used to be. I’m still terrified of death, although in theory if my belief that one loses consciousness entirely and is just nothing for the rest of eternity, it should not be scary anymore than sad, and should not be sad any more than egotistical, as any sorrow for such departure is the same sorrow that should be poured onto thoughts of the world before one was ever conceived – but somehow that doesn’t seem sad at all, the infinity pre-dating our own birth.
Regardless of one’s sentiment towards our inevitable mortality, we can likely agree that our time on earth is finite, and the years which we have in good health are even more greatly limited. We watch our parents age and part ways with the earth, which is horrible but at this age becomes part of the routine. Then there are the unexpected early departures — relatives who grow sick or lose their life in accidents that have no mental preparation. I’m fortunate to date not to have lost any loved ones, not even my father who was told seven years ago that he had no more than two years to live. But none of this luck can last forever. Life is this transient light which shines for only but an instant, and we must shine despite the lights of others dimming and, others, growing in luminosity all around us.
Nine years ago, I almost died. I don’t like to talk about the car accident I was in because every time I think of it I feel sick to my stomach, probably from minor PTSD. I was driving on a two-way highway when I was exhausted early one morning — I was returning from a work conference and hadn’t slept well the night before, and thought I was ok to drive home. I had just started driving only six or so months before, so I wasn’t the best driver yet either. My tire blew out, I had shifted to far into the curb in the center of the highway and my car skidded across the road and ended up spinning around and around in a ditch. I remember very clearly the dirt coming up so violently to the window as I spun to a stop, completely stunned. About a minute later, two cops came and knocked on my window. I was just sitting there – I was fine, somehow. I could have easily hit a car or truck in the lane next to me, or could have gone off a cliff if I had been on the other side of the highway, but somehow I didn’t hit anything as I skid down the road and into the dirt, completely unable to take control of my car.
I walked away from that accident with no damages to myself and barely any to my car. I was very, very lucky. I never told my parents or many people about it. I didn’t want to worry anyone. I didn’t have a boyfriend at the time, or any close friends nearby. I told myself to forget about it, and I did, expect when I think about that day, and remember so clearly the moment when I spun around in the dirt until I finally came to a stop.
And that was nine years ago, but still it haunts me. But then, as I faced death head on, I don’t recall being very upset about the prospect of dying. I was scared, for sure, but I was extremely depressed at the time and thought to myself, in that moment when I was given a second chance, who would care if I was gone? I had never felt more alone.
The beautiful thing about being in a relationship en route to marriage is that you have this one person who cares not only whether you live or die, but who would notice should you be hurt or in need of help. And, in turn, you share that responsibility and that love. You have long left the family unit of your parents and siblings, and now you’re on your own, – and being on your own sounded great until you realize that means no one is looking out for you. When you have no family nearby, when your family barely thinks to call to ask you how your doing, and when you realize they never actually cared how you’re doing because they only value you for their narcissistic supply, you value relationships more than ever.
See, I was the girl who always thought she’d never get married. After watching my parents have violent fights since as early as I can remember, I thought marriage was a bit of a joke for most types of people, especially any with my DNA. I was hopelessly broken, unable to commit or to be worthy of being committed to. The best I could hope for was a series of heated relationships which would be entertaining, to soothe over the long periods of solitude.
But then, when I met my boyfriend, I realized that I could indeed love and be loved. We had a rocky relationship for a while – as we were both immature and scared to grow up, both coming from broken homes and lacking a solid foundation of familial stability, despite deeply longing for that sense of comfort and calm.
Now, deeply in love and on the dawn of my wedding year, I see this overpriced event as the entrance to this new phase of my life. It isn’t that much of a difference from today, but it is a commitment to a commitment. It is knowing that no matter how hard life gets, at least in our health, we have each other. And, just as one never mourns the time before she was born as she would thoughts of her future passing, it’s the worst feeling in the pit of one’s stomach to imagine one day losing your love; yet the thought of life before them is nearly impossible to recall.
When I stood beside my grandmother last year as they slowly lowered my grandfather’s casket into the ground, she shouted “wait for me, I’ll be there soon,” with tears pouring down her face. I had never witnessed such visceral grief. It was real, raw, and I understood, and I closed my eyes and could see years from now myself with the same deep sadness. I wanted to comfort her but I did not know how – how do you comfort a woman who will never again see the man she loved and battled with through that love for so many years?
And in the end, life is only worth what we’ve created and who we’ve loved. In the arms of my sweet future husband I finally know what love is. I can see living with him just about anywhere and together we’d be fine. That part of my life is great now, but I haven’t gotten to the other part – the part longing to create – to maybe make a mark on this world before I leave it. I often tell myself it’s silly to want this so badly, as in the meaninglessness of life, so too is creation pointless in our blip of existence on the infinitum of time. Is someone who is an artist, writer, musician, actor or designer any more of a successful, complete person than a person working to promote software? Anything s possible at any age, yet it gets harder as you grow older and get set in your ways. As I wait for a moment of inspiration, I know I wait for a moment that will never come.
But love did come, and with love comes the sadness of knowing one day the man I love, and I too will disappear from this earth, at least the parts of us which make us human. I try, now, to value each second together, as the clock no longer ticks on as slowly as a slug making its way across a sidewalk, lacking any noticiable forward momentum from the human eye. I watch my iPhone clock go from 6am to 6pm in what seems like an instant, and holiday seasons return in what feels like shorter than a month’s timespan (didn’t the Christmas lights just come down?)
Since there seems to be no way to slow life down, I only hope I can manage to make the most of it, to fight off this curse of depression, and to embrace my consciousness’s brief stay on this unlikely little home we call earth.
I’ll admit it, 2015 was rough. With my long commute to and from work, my sanity and health sank to perhaps an all-time low. Although I achieved networth growth over the year, it wasn’t nearly as much as I had targeted. In fact, in the year when I made significantly more than I had ever made before, I ended up saving less than I had in the past (including interest.) I closed out the year with $344k in total assets with the exception of my car (I don’t count that in my networth calculations, though, I guess I suppose I should.) I wanted to be at $400k in networth, but between some bad investments, general stock market blahs, and being unemployed for a brief while, I just didn’t get anywhere near that.
What I try to remind myself is that $344k at 32 is not too shabby. If I don’t touch that, don’t add anything else, and it manages to grow at 5% YoY that’s $1.3M by the time I’m 60. Ok, so I want to get to $4M by 60 (which requires about a 10% YoY annual return with my current principal and no annual additions), but even if I get to $1.3M by 60 I think I could remain working and manage to grow that another 5 years, which gets me to $1.7M and that isn’t counting any savings from future Mr. HECC.
The plan was to hit $500k net worth, have a kid and save for a house while living in an apartment with young kid, and then over the next five years save enough for a 20% downpayment ($300k) on top of the $500k plus annual interest that I wouldn’t touch. That goal is looking rather unlikely right now, and I’m actually ok with that. I’ve gotten to this point where I’ve accepted that the life I am going to lead as an adult is going to be at a lower class level than the one I was used to as a child. While I grew up in an upper-middle class household, my family will be squarely in the middle class (for my region of the country), and we’ll be fine. We’ll still be doing much better than the majority of households in the country, even if we can’t afford a house for a long time, if ever.
Right now, my focus must be 100% on excelling in my job. With my current salary and responsibilities, I have the opportunity to set myself up for a very successful next 20 years of my career. I also am very seriously confronting the reality that if this doesn’t work out for any reason, if this is a failure, then it means a significant shift my career trajectory and networth projections. I very well might return to school – which I’ve been talking bout for a while but haven’t seriously pursued – to study to become a psychologist or design researcher with a psychological focus. But I don’t want to think about that right now, I’m heads down, fully in the game, trying to relax and thrive despite the many challenges at hand. In other words, I refuse to mess this up.
Beyond work, this year is just a huge year of major life changes. I get married in a few months (tax bill goes up next year, woohoo), and I also likely start trying to have kids, confronting the soon-to-be-proven fact that conceiving doesn’t come so naturally to me (thanks PCOS.) I’m hyper-focused on losing weight, eating healthy and exercise right now. My weight fluctuates significantly — in 2012 I was at 180lbs (my highest ever, which is very heavy for a woman who is 5’3), to 155lbs a year later, to 176lbs a year later than that, dropping and holding steady at 170 through 2014 and most of 2015, ending 2015 at 160lbs. I hired a personal trainer 3x a week ($50 a session which is a really good deal for this area) so we’re working on getting my weight down to about 130 in the next couple of months (5 pounds a month is my goal to lose, which is a good, achievable goal.) It’s mostly so I can feel happy with how I look in my wedding pictures, but it’s also just something I need to do in order to save myself from premature aging. Plus, I just feel mentally more clear and balanced when I’m eating healthy and exercising. It’s good to have such short-term goal so I am focused the entire way through, no matter how hard it gets.
This year, my goals are going to be a little less intense on the networth side. I’d like to get to $400k in networth, including $23.5k in new retirement savings (401k & IRA). That leaves $31.5k to make up for in interest and other savings, or about $2.6k per month. I’m planning to try to save an additional $2k per month on average, and hopefully the rest (~$7200) will come from interest on, say, $250k of invested, interest-earning assets, which is about a 3% gain on those investments. I’d prefer to go well over this, but trying to be realistic with the goals, especially with the wedding spending. I don’t think this is going to be a hugely profitable year but I could be wrong.
2016 Goal Summary
1) $400k networth – including $23.5k in retirement savings, $24k in taxable investments, and about $7k in interest.
2) Be 130lbs by summer
3) Thrive at my job (and be gainfully employed and loved by my colleagues when Jan 1, 2017 rolls around)
4) Get pregnant before I’m 33!?!
Well, here’s to kicking off what is sure to be a crazy year. Fingers crossed it’s a good one. I think it will be. I hope it will be. Oh god, it better be. 🙂
At this time, 10 years ago, I had moved to a new part of the country, obtained an unpaid internship, and was living in a four-bedroom apartment with three other girls and their many friends who always seemed to be around. My tiny room, furnished with a crooked used futon and not much else, let in just a hint of light from it’s windows at the top of the back wall. The closet door, made of old wooden panels, did nothing to make the room appear any more spacious then it actually was.
I don’t have full recollection of the timeline of events that occurred that first year after I graduated college, but I’m pretty sure I had yet to meet my future husband, and I was at the lowest point in my life, just starting to pull myself out of a deep depression. My only victory was survival on my own, but the future was ominous and bleak. I was more alone than ever holed up in my tiny apartment, looking for a part-time job to supplement my income of $50 an article published for my internship, which would not cover my $450-a-month rent for the tiny room on a nice block in a nice neighborhood of a nice place I had never heard of in my life.
As my depression ebbs and flows, I try to remember the darkest times in my life, when I felt truly hopeless, and remind myself it’s no where near that bad. Today, I have an apartment, a fiancé who is my true rock, a car (didn’t have one of those 10 years ago either), I know my way around the majority of the Bay Area, I have a job that while very challenging is a testament to never giving up if only as a confounding reflex to uncertainty and failure. I have a few friends. I have a savings, which, 10 years ago, was about $5k, now it’s closer to $350k. I have so many things that should make me fulfilled yet at times I still fall back into sadness where it’s hard to catch my breath.
Ten years later, am I any better suited to withstand the basic trials and tribulations of life? I am facing such a great opportunity now and all I can think is – don’t fuck this up. Just do something. Just do anything. I end up frozen time and again, pulse racing, looking up at the ceiling or the wall, thinking about a thousand things I have to do and unable to make progress with any given one. I can’t fuck up this time. I know I said that last time. But this is it. Really. Sure, I can maybe find another job, but this is my chance to really show what I can do — pull out all the stops — make a dent — be a very clear part of the success of something vs just a little part of maintaining the status quo.
The only thing I can think of to resolve the scenario is to try to pretend to be someone else – anyone else. As myself, I can’t think, I can’t do, I just get caught up in the details without making progress. And that is a one-way ticket to nothing good. I have to move fast and show what I can do. I’m not sure what that is. I need a superhero identity, someone who is me but isn’t. Someone who can move mountains and save the world, albeit in a smaller, less philanthropic sense of, well, just acquiring new customers.
Ten years ago I had no idea I’d be where I am today. I didn’t even know about this career or that I’d be any good at it. When I went to school I didn’t understand why anyone would major in business. I had no concept of the professional world outside of it being this amorphous place where my father worked because he was a math guy and therefore he did math-like things which never really seemed like business to begin with. I understood the arts, though not how to make money in them, but at least art made sense to me. I just had absolutely no idea what life would hold in the next 10 years.
Now, as I look on to 10 more years of my life… from 32 to 42… I know they will be equally as surprising in hindsight. If I have children, there’s no way to predict how they will change who I am as a person, or my world view, or my ongoing inner monologue of non life-threatening suicidal thoughts. When I have children, I imagine, their world will become my world, and I’ll focus on providing for them, nurturing them, and trying to ensure their mental health is somewhat more sane than mine by offering them a loving, caring, and forgiving household that they won’t appreciate until they’re my age.
The future with kids is such a different story than one without. With children, I want to make good money and provide for them. The fact that I was able to secure my current salary gives me hope that I can offer a good life for my family, even if my future husband will earn significantly less. I can make the life I want for myself and my family on my own, if I have to. In five years, if I can do a good job, I should be able to take home $250,000 a year – which in this area is not a lot as a solo income supporting a family, but if we together can earn $350k a year, that should be plenty to have a stable middle class life, even in such an expensive part of the world. We can even maybe one day afford a small house, which I think would be the biggest of all life accomplishments, though terrifying in that I’d know I’d be handcuffed to working similar jobs full-time for the remainder of my life’s best years.
If children were not in the picture at all, I’m not sure what I’d do. I still feel like $500k in savings/stocks is a good goal to have for some sense of stability in life. At $500k, without kids, I’d be more likely to save a little more then return to school for something I’m passionate about — perhaps photography, art, or even film. I would care less about earning a lot of income, and more about breaking even while allowing my savings to compound for many years to come.
But then, I wonder if being a slave to the career I’ve managed to paint for myself is less about income and more about this massive fear to not be a “something.” The center of my ego is a woman who has managed to, on paper, look impressive. The cherry on top of that ego is, today, to have clear, quantifiable success metrics and a number of colleagues who can genuinely say I helped a business succeed. I don’t think that would make me “happy,” but it would make me proud. I would feel accomplished. I don’t think I’ve done anything I’m substantially proud of in the last 10 years since I graduated college, other than maybe a few shows I directed that managed to go on and be seen by actual audiences. I don’t feel anything over obtaining better job titles or increases in salary, thought that’s helpful for many other reasons. I haven’t felt proud in a long time. Maybe that’s ok and just part of being an adult – there’s no use in pride for ones own victories when you have children to feed and clothe. It’s being an adult without children when meaning somehow ceases to exist.
I woke up this morning from one of my continuous wedding nightmares as of late and I completely forgot it’s my birthday. I guess that means I must be 32. This is the age when some people have been parents for a while and their kids are starting to become serious “kids” or even young adults. For me, this is the age I’m getting married, starting a new job, and maybe starting to build my family.
What does 32 feel like? I am not “old” yet, but certainly not young. There is a huge gap in behavior and mentality from myself and the youngins. Even college students, once the epitome of youthful old age, are babies, while 40-50 year olds are relatively childish and childlike. No one seems to really grow up ever, it’s just that young people change in their ways so the old youthful behavior suddenly seems like old people behavior. But we’re not much different from who we were when we were kids.
I don’t feel excited to turn 32. I’m excited I’m alive, of course, but nothing really feels like a “happy” birthday. The next birthday really worth celebrating is 50, so I have some time until then. At this point I just know my life is really rolling on and I’ve got to make some quick decisions to make it work. As each day goes by the more and more I want a family. It doesn’t help matters that many of my friends have their first child – even though few of my friends gave birth in their early to mid 20s, the majority of them hit that milestone prior to now, expect the ones that don’t plan to procreate (there are exceptions, of course, with some having waited even longer.)
I went and tasted cake last night for my wedding – felt that was a good “goodbye 31” celebration to have secretly in my mind. After 30 I think we should be celebrating the day before our birthdays, not the day of. Celebrating making it another year, the never-ending sun setting of our youth, and all of the things we survived mentally and physically in the year prior. No need to celebrate getting older at this point. Nothing to see here, carry on.
When you’re 20, or 20-something, that’s a great excuse to make mistakes. I made my fair share. Then 30 rolls around and you don’t quite accept that you’re not in your 20s anymore at 30. You try to forget the whole turning 31 thing. Then 32 is here and you can’t deny it, you’re heading rapidly towards your “mid 30s.” Biologically this is significant. As a woman, you only have a few more years left to bring life into the world. As a professional, the lines forming on your stressed forehead mean you’re suited finally for those coveted VP and partner jobs, or at least you’re getting closer to those opportunities.
You always looked young. You always got carded. You haven’t gotten carded in a while.
When we’re 2, we expect to grow significantly by the time we’re 12. Yet there is a grand denial about the aging process between 22 and 32. But, man, I’m OLDER. Older than I was. That’s how life works.
At 32, I see my family less and less. Everyone is moving away, even though I deserted them years ago. My sister may move off to the midwest soon and work weekends and holidays, so I’d only see her on specifically planned joint vacations. My parents have their new winter condo in Florida so should a work trip to the east coast occur during the months they’re gone I won’t just happen to be able to have dinner with them. I’m at that part of my life when your family unit is depleted and you must start to build your own. I am fortunate to have a partner in life, because if I didn’t I’d feel horribly alone and depressed right now. I look at us and see us aging and hope that we have a long, relatively and fairly healthy life together. That’s the most one can do, is hope.
What did I think I’d accomplish by 32? Heaven knows. I never had a plan. I wanted to have $500k in net worth, but I’m only about 70% there. Not bad. Not great. But it’s something. I never thought about when I’d have kids, just that I’d have them and not wait until the latest possible time I could, which really means I thought I’d probably have kids by now. At least I’m getting married to a man who will be a great husband and father. Check. That’s some progress. I’m terrified of this whole adult thing which I’ve put off for so long. It’s time to grow up. Goodbye 31. Hello 32.
As I review my next steps, I have many, many, many variables to consider. Above all, I want to take on a role where I can be successful *long term,* not just for a few “burn myself out” projects — OR, take on a role where “burn yourself out” projects are the norm. I’d be much better off in a creative industry working on television shows or movies, but it’s a bit too late for that, especially given my massive fear of change. I’m trying to work with what I’ve got here. And, at the least, I have options. And good ones at that.
Ten years ago at about this time, I was getting fired from a marketing internship at a non-profit. It was my first year out of college and I didn’t know what on earth the future held or what I wanted to do. I applied for hundreds if not thousands of jobs and rejection emails gave me a warm, fuzzy feeling that someone or something out there reviewed my experience, or lack thereof, and decided to personally not give me a chance. Since the full-time job thing wasn’t working, I applied to a pretty-much unpaid reporting internship and, when I found a place to live, found a part-time admin job which was never a good fit for my ADHD self. I survived the entirety of the internship, but the part-time admin gig was, well, a predictable disaster.
Although I moved on and continued to apply for job after job after job, I didn’t know what I wanted in life. I had no friends in the area, very little family, and the only reason to live was to try to make money… to save a little bit… to build something when everything around me was crumbling. I somehow impressed a magazine that I was a worthwhile hire for an editorial assistant role and I stayed for a year, writing articles and attempting to become a better reporter. But my social anxiety really got in the way of that. I did the blogger thing for a short while, which was even worse, because bloggers need to be super aggressive and not let anxiety get in the way of getting a scoop. My journalism career practically ended before it started.
Without rehashing my C.V. for the thousandth time, the point is that I haven’t really massively succeeded in any one role. There have been pieces of roles where people have seen my strengths, and there have been times in the past 10 years where I’ve really poured my heart and soul into projects, and they’ve been considered significant successes. But nothing has ever been sustainable – you can say I just need to suck it up and work, but when you have ADHD and bipolar disorder, it’s not that easy. My mind doesn’t work that way. I have the potential to do great things, or not so great things, but very rarely anything in the middle. I seem to be failing at acceptable.
When it comes to my two or three job opportunities that are getting closer to being real, I consider all of the elements of the role and companies. A few of you long-time readers have warned me that it would be absolutely idiotic to take on a role at a smaller company again. But – there are reasons I failed at those companies that #1, are unique to the companies (not due to their size) and #2, there are similar issues that would happen at a company of any size. If anything, I am more suited for smaller companies because I need to move fast and get things done, or else I get bored and demotivated, and that’s when I do my worst work. If I’m just a cog in a corporate machine, I might keep my job longer just due to HR policies, but I certainly won’t be helping myself or my firm.
The smaller company job is exciting to me right now because I can see many things I can do in a very short amount of time to make a huge difference. I want to compare this opportunity to my past failures at smaller firms to try to hash out the difference, and realistically explore why a smaller company is or isn’t a good idea…
My past two companies, which have ranged in size from 20 to about 100 employees, had significant challenges unique to each opportunity.
Upon leaving a smaller firm where I stayed four years without getting fired(!), I took on an opportunity I knew I wasn’t the right fit for. The head of the company was an expert in my field, and while it’s his fault for hiring me without asking some basic questions to establish if I actually knew what I was doing or what he expected me to do, I also had a boss who had a very set way of how he expected me to get my job done. I really didn’t know what I was doing and it became clear pretty quickly that I wasn’t the right fit. If I were to take on that job now I’d actually do much better at it. I still wouldn’t be the right person for the position, but I now know enough that I could have lasted longer. I was just clueless and five months in when I was let go, it was the right decision for the business. Given the industry the company was in, I couldn’t even do the things I do best there because of the industry. It was just a very bad fit from the start.
My next job, where I stayed a year (which is respectable in startup time), I picked a company in an industry that I care about. Yet again I found a CEO who was starry eyed about me and recruited me so aggressively I had no time to discuss my strengths and weaknesses. I was thrown into the fire, but at least was given a reasonable budget to work with. But everyone at this company would agree – there are some serious management issues teetering on schizophrenic. Another trend – the head of the company had a background in something similar to my role, so he had a lot of strong opinions on how to do the job, and would basically force me to do a whole bunch of things that didn’t make sense at the expense of time to do the things that had to get done. I did fail to hire a team for a number of reasons, some of which were out of my control – the biggest problem was that the company had a lot of fundamental issues and it still does (lots of people have quit by choice over the last few months and the trend seems to be continuing.) Beyond the basic issues of the core business, the head of the company’s behavior teeters on sexual harassment (anyone working at the firm would agree) and everyone working there is so stressed and upset that they end up taking it out on each other.
Despite the challenges at the company, and it being the right time to leave by choice or by force, I learned a ton in the last year. I worked with an outside agency who taught me a lot about how to do my job. I learned how to not waste money through a bunch of trial and error and how to do things faster. I also discovered a bit about the types of people I like to manage and the types of people who I cannot manage. I learned how important recruiting is and how challenging it is at any company but – it’s actually easier at a hot young company than a big corporation or a startup that has been around for years and is on the verge of falling apart. If you can’t attract the right candidates to your firm, you’re pretty much fucked (or you’re spending a whole lot of time on recruiting that you should be spending on getting your job done.)
Ok, so why even think about going to a smaller company again? Haven’t I learned my lesson!?! Well, as you can see, a lot of the issues had at these companies were company-specific, or addressable by the fact that now I have about two more years of experience and I much better understand the bigger picture. I understand how much things should cost so I’m not freaking out every minute about budget and wasting too much money or not spending enough. I’m not saying I’ll be perfect at my next job, no matter where I go – but I do know I do my best work when I care about the product my company is making and respect the people who are making it.
The smaller company I am considering is SMALL, don’t get me wrong — there will be challenges for sure. But the founders are a bit younger – closer to my age (I think the head of the firm is maybe 2-3 years older than I am) – and this makes a huge difference in team chemistry and respect. I’ve always worked for teams where the execs are in their 40s/50s, and much older than I am. I’m fine being the only woman in a senior leadership role, but it helps with the others aren’t all dudes who are going through their personal mid-life crisis while making the younger women of the company feel uncomfortable.
What’s great about the small company is that I believe in them. I see that their product is already getting a lot of traction, and I see a lot of ways I can quickly help – and I’m super excited to jump in and do just that. I know I have some hiring to do – but I also have the momentum of the company and it’s early stage to help source the right talent. There are really two types of employees in Silicon Valley – the ones that like early stage startups and want to be part of growing something — and then the ones that want to work for a very late-stage startups or public companies that are big and somewhat stable and come with that fancy brand name and cult-like culture. It’s really hard to hire for the middle ground… the companies that are not hot, sexy startups but that haven’t made it… the ones that are dying a slow and painful death, who often have second or third CEOs who are brought in to “save” the company which had about a .00000001% chance of actually saving.
So, in short, not all small firms are created the same AND my experience today is vastly difference than my experience from a year ago. I have a fairly strong opinion on what to do and who to hire, and I won’t be floundering quite as much for the first six months on the job. I’ll certainly hire a detail-oriented person to be on my team, who balances out my big-picture strategy style. And I just think I can knock this one out of the park. If I didn’t, I’d never even consider it. But something tells me this is a really good opportunity. But I could be delusional. I could be lying to myself because it’s the most exciting opportunity, but not actually the best fit. I’m trying to sort that out.
The larger private firm is also a really good option. What I can’t figure out is how much is broken right now and how much is working. It’s not a stable public company and it’s not a small, early-stage company with the fun moments of cherishing each win and feeling part of that with the whole team (I really love that about smaller companies.) My role would be very vital to fixing some of the pieces that aren’t working right now… and I can see what those are and have some ideas how to get things in order… but once I get the basic stuff functioning, I’m not sure where I’d go from there. The role seems a bit more limiting. The company’s product, while useful and needed, is not something I can get super excited about. Maybe that’s a good thing? But I’m an INFP and I really need to feel morally connected to my work. I told myself I’d never work for a company selling to marketers again, and, quite frankly, the two larger opportunities I have are selling to marketers. I’m not sure that’s the right fit for me either. Yes, it may be more stable and it may be closer to home and the salaries may be higher (don’t know that yet) but… if I’m not feeling passionate about the product I’m just going to crash and burn pretty quickly.
There are other jobs out there — but so much of the business technology lacks the human side. I like to have that human piece to spin stories and generate buzz. The smaller firm has so much going for it around the stories I can tell, and that’s what I do best, with the right company and right stories. I think I could help all three companies but I see my value being most at the smaller firm. I think what they’re looking for and what they value is a lot more in line with what I do best — they very much appreciate that I can do all the other stuff, but I do feel like they’re hiring me for the skills I actually have, and will value my ideas and contributions in those areas vs constantly debate me and tell me I’m wrong.
So… I am most enthusiastic about the smaller opportunity, but I’m also not 100% on it. I think that the feedback from my readers warning me to not go to a small company again has merit. I hope the above explanation shows why I’m not just jumping into any smaller firm, and that this one specifically excites me for a lot of good reasons. It will be hard and a lot of work… but I want to feel inspired and work hard. I want to go to work everyday thinking that I feel good about building something great with people who deserve to be winners. Good people who aren’t sociopaths or narcissistic or delusional or suffering from borderline personality disorder. Just people who want to build something great. That’s where I want to be, and that’s why I’m excited about this opportunity, history be damned.
Well. Here I am. Unemployed. Since I received no severance and was not eligible for payout of any PTO (side effect of the supposed unlimited vacation perk), I’m left with my final paycheck and waiting for unemployment to (hopefully) kick in.
When you apply for unemployment they ask you a whole host of questions and I’m concerned I won’t qualify, though I should. Even if I do qualify, it’s a whopping $1800 a month (before taxes) and they make you wait a week to start claiming, so the first month is actually more like $1350 for the month. And $1350 is about how much I pay in rent. Thank goodness I’ve been somewhat smart about saving this year (I knew the job was not going to last long given how I performed with the heaping of anxiety and lack of sleep brought on by a very non-supportive work environment and a long commute I should have never signed on for in the first place.)
I thought it would be a good time to check in regarding my networth and budget. My networth goal for this year was $400k but that was a stretch to begin with (a $100k increase from 2014 including savings and interest.) Right now, counting all my assets I’m at about $350k – which isn’t bad considering the way the markets have performed this year to date. I’m sure with some better investments and less stress spending I’d be a little closer to my initial goal, but not by enough that it would really be meaningful. I have to take a moment and applaud myself for reaching $350k networth. Even though it’s not the big $500k, $350k feels sizable enough to merit a moment of self congratulations. For some reason, this amount makes me feel better about my lack of job stability due to my mental illness. While I can’t touch all that money immediately, and after taxes it would be less, if I was desperate there’s enough there to get through my own personal instances of deep depression (yeay bipolar life.) I don’t feel secure enough yet to have kids, or quite frankly, to get married (which is happening this spring anyway), but I feel like this is an accomplishment of some sort I can be secretly proud of… especially given that just 10 years ago I had about $5k to my name and was basically living paycheck to paycheck.
Here’s how the $350k breaks down:
- $27.5k – cash
- -$46 – credit debts
- $153.5k – stocks (taxable)
- $178.3k – retirement funds
- $6.5k – 529 / grad school fund
- $8k – approx car value
Now, my goal for the rest of the year, revised, is to end the year above $350k. This just brings me back to my older goals of saving $50k a year – which I’ve been doing for the last couple of years. I though this year given my income increase I could save a whole lot more, but you know, markets fluctuate so much, and maybe I actually bought enough stock “on sale” this year that I’ll have a really good 2016. Who knows.
The trick at this point is not significantly dipping into my cash to live between my current job and my next job… especially since I don’t know when said next job will start (or what it will be.) The $1350/$1800 a mo in unemployment is barely enough to cover standard recurring expenses, so I’ll have to dip into my savings a bit. I’m hoping that by Dec 1 I have a job so this leaves me with just 1.5 months of unemployment, which shouldn’t hurt too much. With the wedding coming up, and all the expenses for that, I really, really, really need a job – even though I admit it’s nice to have a few weeks to just stop and focus on planning this crazy event since the lack of time to do that was also stressing me out.
But I want to plan for “worst case scenerio” 3 months without a job. I’ll give myself 3 months to find something I really think I can be good at – because the last thing I want to do right now is to jump into a position where my anxiety will get to me again. I’m hoping to find something with a bit more flexible work environment – the amount of work I can get done at home in a quiet space far surpasses what I can do in some horrible open office environment filled with stress-inducing distractions. I’ve made a pact with myself that I’m not going to apply for things I know I’ll ultimately fail at given the work environment. I also am probably going to apply to grad school because I know the field I’m in now rarely meets my minimum requirements for sanity, so despite the great pay, I think I need to take a break from chasing income and now start to actually plan for sustainability. In short, I can’t be crazy mommy who gets fired from her job every year – my future kids don’t need to see that. I want them to see me in my best state – one where I actually like my job more or less. Not the me who I am now. I would never want them to see that person.
So I’m assuming I will need to spend about $2000 a month additional from my savings in order to cover everything from gas to get to job interviews to food to grad school applications to a potential trip home to the east coast to spend some quality time with family when I have the time (dad’s cancer isn’t getting better and despite that he drives me nutso whenever I see him I always think – will this be the last time?) So… say I have $5k of my savings to spend over the next 3 months… give or take. That puts me at roughly $350k at the end of the year – but I’d then be worried I couldn’t find another job. I know that I have some talent and abilities… but I just need to figure out where and how to apply them in a way where someone will pay me money to do so, and I won’t flip out after 3 months or so feeling like I’m so overwhelmed but the piles of things to do and not be able to prioritize those things or even know where to start. Yes, this is the life of a woman who has super anxiety, bipolar II and ADHD. I’m not saying those are excuses for anything – I take full responsibility for losing this job, for falling into the same pattern. But there’s a part of it that is just inherently who I am. I’m different than most people, that’s for sure. I just need to figure out where I fit.
And I’m going to be 32 in a month, which is – such an adult. My body definitely feels like I’m in my 30s — I pinched a nerve a week ago and my back and arm are still in pain. If I don’t sleep a full 8 hours a night I feel it for many days later. And don’t get me started on drinking / hangovers, oy. That’s just to say that I’m not a kid anymore. I’m a full grown adult. Looking around at my apartment I have to stop and wonder if this is what I pictured adulthood to be like. Well, I never actually envisioned myself as an adult. Maybe that’s part of the problem. But when I envisioned adulthood as a general concept, it certainly didn’t look like this — unfinished apartment, used couch that’s falling apart, bike in the corner of the living room because there’s no where else to keep it, a career that doesn’t feel right at all, getting married (ok that’s a start) to a man who also doesn’t have much of anything figured out yet either, to a long life ahead of me that I imagine will poof suddenly transform into one filled with maturity once I have my own kids (I know it doesn’t happen that way, I just like to think there’s some kind of inciting incident to finally growing up.)
Oh well. Today, I just need to focus on not dipping in too deep to my savings this year, and ultimately continuing on to my “round 1” $500k goal. That was supposed to happen next year. It won’t. But maybe I’ll get there before I’m 40.