Posts tagged ‘Vent’

January 27, 2012

Emergency Funds: “Oh Sh!t” vs. “D@mmit”

Image is from a 3M security glass ad campaign but it makes you wonder: If you had to do something dramatic to access your emergency fund- would you do it so often?

You know those pet peeves that are so trivial, you really have a hard time justifying devoting a lot of thought, much less an entire post to, but you just can’t stop thinking about it and you rant anyways?

This is one of those. And if you just go on and run away from this blog today, I totally get it just come back in the future because I’ve never really done this and I don’t think it’ll be much of a habit for me but today, it’s on.

I am going to make this post even more ridiculous by talking about a trivial pet peeve that is related to something I hardly even talk about anymore– personal finance. Why I don’t talk about it much anymore is another post entirely and we’ll get there one day, just not today.

Today I’m going to focus on the supposedly sacred and magnificent “emergency fund.”

Everyone who knows anything about personal finance knows about the emergency fund even if they don’t call it that but I’m not talking about those people today so don’t think about them right now. For the uninitiated (and it’s a good thing, I’m starting to think), an emergency fund is a bunch of money stashed away strictly for the use of EMERGENCIES.

From Merriam-Webster,

Definition of EMERGENCY

1: an unforeseen combination of circumstances or the resulting state that calls for immediate action
2: an urgent need for assistance or relief

When it comes to personal finance and the “emergency fund”, it’s referring to definition #2. In other words, your life just got a kick in the ass of varying size because something went wrong and it is having a direct impact on your needs being.

Did I lose you?

Ok, emergencies in the personal finance world should be things like:

a) Loss of income due to job loss, severe reduction in hours, medical leave, abandonment by partner, etc.
b) Loss of something/many things critical to daily life such as a main source of transportation, a refrigerator (stores food which is kind of a need), heating or cooling (in extreme weather conditions), a home, etc.

It is these epic “Oh Sh!t” moments that are supposed to be when an emergency comes into play. But if you read some personal finance blogs, you would not know this. And that annoys me.

Why people tap into “emergency funds” for things outside of true emergencies is beyond my scope of understanding. You can have an emergency fund AND savings you know. As a matter of fact, you should definitely have both and they should be built up at the same time in my honest opinion because otherwise you know what’s going to keep happening– tap, tap, tap into the emergency fund. And if, god forbid, a true emergency strikes?

Having a real “emergency fund” is a pretty scary thing because it is a solid acknowledgment of the fact that the world we live in is, at its core, entirely unpredictable and out of our control. And this spans every single aspect of our lives– even the things we cherish most most dearly. It’s terrifying. And having the emergency fund as a real emergency fund is a conscious acceptance of that fact.

You know, we really can’t budget for every single curve ball life throws our way. Some are real gentle and easy to nail but others can be some sharper ones that are much harder to nail. But just because the sharper curve balls cause some sort of unpleasantness in our lives doesn’t qualify it as a real emergency.

A lot of people have a lot of different savings methods. Some people have targeted savings accounts. Some people have a myriad of savings tools in place for a myriad of different methods (like CD ladders plus mattresses plus whatever else it is that lets them sleep at night). And they’re all really cool and I think you should definitely think about something that works for you. Just leave the emergency fund alone.

Here’s an idea– leave the emergency fund for the true “Oh sh!t” moments in your life but have another fund in place for the “D@mmit” moments too, because hopefully those happen way more often in your life than the other ones do. In a perfect world neither would happen, I could eat a plate of slutty brownies without ill effect, and all three of my children would be perfect little angels who make no messes at all, ever. But that’s not the reality of the world and we just need to move on.

If you can’t decide whether or not something is worthy of an “Oh sh!t” or a “D@mmit” ask yourself this– how far are you willing to go to access the money needed to cover the expense of said “Oh sh!t”/”D@mmit” item? The ones that you would do even the thing that would make you cry? That’s an “Oh sh!t” thing and a perfectly good reason to access your emergency fund.

Do you use and abuse the term “emergency fund”? Do you think I’m being sort of insane about this? I know it’s probably a semantics thing at play but god bless my English-loving heart, I can’t let it go! Am I sort of justified? Do you do the thing where you have an emergency fund and you absolutely refuse to let it go below such and such a threshold because that’s too risky? WHY DO YOU DO THAT? Why not just take some of it out and save it elsewhere and then bulk all your savings up together? Is it because saying you have an emergency fund of such and such amount makes you feel better even though you and everyone else know it’s not just for emergencies? Is it a peace of mind thing? But wouldn’t it be better to have another fund and a TRUE emergency fund or would that be too much money in savings for you to be comfortable with? Do I need a brownie?

Mmmm slutty brownies... What was I mad about again?

August 24, 2011

I like my men tough and my women strong

Swan Kick by FlyingMouse 365

When I think of an ideal role model for my daughter, my goddaughter, Friend’s daughter, and me, I tend to think of a few specific attributes.

  • Intelligence. Knowledge is power, after all. And I’m not referring simply to a natural state of intelligence, I’m thinking of one who hungers for information always.
  • Excellent communication skills. She can explain complex theories in ways that are perfectly easy to grasp. She can convince you easily, smoothly. She can mediate. She can make peace. She can state her piece clearly, concisely.
  • Independence. She’s a free-thinking individual who doesn’t blindly follow the herd. Sometimes she takes the well-worn road, but she’ll forge her own path if she has to. The people she loves and brings into her life are there by her choosing and invitation and are not there because of fear, insecurity, or because everyone else has someone in their lives.
  • Hard-working. It doesn’t matter what the work is, when it’s time to get to it she does it. She puts her best effort, full concentration, and complete passion into the things that are meaningful in her life.
  • Confidence. She doesn’t look to others for approval because she doesn’t need it. She might raid your brain for some ideas or input or perspective but she makes up her own mind. She screws up, admits it, learns, and moves on. She knows she can handle “this” and this is everything.

If you ask me, any woman who has ever made a positive mark on history has possessed these qualities. If you want to be an effective woman and create change in your world, these qualities must be in your possession. These are the traits of a strong woman. This is what you will find in common among all women of significance on all levels– from a local environmental activist to an international advocate for women’s rights to a CEO of a multimillion dollar corporation.

Do you know what you may not find among the truly amazing women in our world?

Leather wardrobes, a penchant for armor and horseback riding, abilities to hot-wire a car or even change a tire much less the oil, guns, motorcycles, and other indicators of “toughness” Peg Aloi clamors for in her piece at Huffington, Tough Gals: Do They Still Exist?. Heck, I bet among the truly amazing, strong women in the world you may not always find even a pantsuit.

The strong women of today aren’t any less so than the women of yesterday because they may or may not own a Hello Kitty bra. Aloi bemoans the current fascination with all things girly, touting this as an indication we’ve gone as soft as a handknit cashmere scarf.

What happened to our hard-won bad-assery? All those years of being suffragettes, bra-burners, free love artists, corporate queen bees, supermoms and women-who-wanted-and-got-it all? I mean, hadn’t we arrived and become a force to be reckoned with? [...] Maybe “having it all” was a silly fantasy that ultimately made women feel exhausted and inferior. Maybe we just wanted to sit on our asses and knit and eat cupcakes in our Hello Kitty jammies.

And now that so many women have seemingly retreated from our reign of awesomeness to immerse themselves in the feminine past-times of yesteryear, it does indeed appear that we’ve lost sight of what it means to be a badass, strong, tough woman.

Oh dear, Peg (can I call you Peggy? It’s so much cuter). It appears you have it all wrong. And you are so misguided in your judgment I can’t help but wonder– are you a member of the patriarchy in feminist clothing?

Here is a quick description of Peg’s longed for tough gals:

There are tough times ahead, and we need to be tough bitches to face them. Growing vegetables is useful; but so is learning how to shoot a gun, hot-wire a car, and manipulate our way into a bomb shelter. Remember our tough gal role models? They were strong, sexy, and took no crap. They wore leather and sang rock and roll.

Here’s what bothers me about that whole description she’s got going on there– those chicks sound a lot like… men. She even goes on to specifically mention the likes of Grace Jones who worked hard to look like… a man. And really? Courtney Love? As much as I love her music, I’d rather not hold her up on a pedestal as a kind of woman to aspire to.

I will not take away what the stereotypical tough gals do for the feminist cause. Specifically, they show men they’re not as precious as they think themselves they are. These women show them we can do a lot of the stuff they claim for themselves. Heck, they even show women can even look like men. These are the “Anything you can do, I can do better” variety and they have their place in the movement.

The problem is, as a feminist I demand equal rights for men and women. There’s no clause attached to that statement. See, I don’t want equal rights for men and women who emulate men.

As a matter of fact, I will go on to argue this type of op-ed piece is extremely damaging to the feminist movement. Here’s why.

This piece concedes the domestic, “ultra-femme” arts are sub-par to the more masculine arts of the gun-toting, hot-wiring variety. This piece is basically admitting a realization that women and the things they are often associated with are less important and less desirable. This is extremely dangerous and damaging thinking.

It is in the same vein as declaring a teacher to be of a lesser class than a police officer. They’re both civil servants. They’re both employed to better the public. But being a teacher, in this context, is definitely not as awesome as being a police officer.

Peg claims shooting a gun to be as useful as gardening. At the same time, she’s pretty horrified by cupcakes. Funny enough, the first woman to come to mind when you talk to me about shooting guns is Sarah Palin while the first woman who comes to mind when you talk to me about cupcakes (and every domestic art) is Martha Stewart.

I’m pretty sure most people would concede Martha’s at least as tough as Sarah. I mean, Martha even served time in jail. And they’re both often referred to by that b-word Peg’s so fond of. For me, the differences come down to their contributions– Martha’s got a huge multi-faceted corporation and Sarah’s… well I’m not going to go into Sarah right now but I don’t count her as a feminist that’s for sure.

Not to mention, this kind of ridiculous commentary takes away from some really amazing women that are accomplishing some really amazing things right now.

  • Let’s start with BUST magazine. BUST is a feminist magazine. One of its founders was Debbie Stoller– the knitting rock star of the world if you will. Peg’s pissed they’re having a craft fair. The thing is, BUST’s got it right– equal rights for women: even the ones who do womanly things.
  • What about Miesha Tate? She’s the Strikeforce MMA fighter with a championship belt. She often wears pigtails into the ring and has posed in some very sexy and feminine poses. She looks cute and girly as heck but she’ll choke your lights out– while wearing pink.
  • There’s also Misty Copeland. She does this super girly thing called ballet. And she’s amazing at it. Is that too girly? Even if she’s more muscular than Xena? I haven’t even mentioned she’s a rare African-American ballerina and is making waves in the call for further diversity in the ballet world.
  • Let’s also talk about Daina Taimina. Don’t know her? She’s a mathematician (so feminine, right?). Daina solved a problem mathematicians had been struggling with for centuries– how to make a model of a hyperbolic plane that you can physically manipulate without damaging. Until Daina came along, mathematicians had to rely on computer models and you can’t touch those. And a colleague of her came up with paper models but those were really delicate little things that you couldn’t stretch or smoosh or twist or toss or anything. Well Daina saw those paper models and figured out the solution– she crocheted a hyperbolic model.
  • Peg really likes fictional female characters. She provides more examples of characters in movies and TV than real-life women in her piece. Since she likes those fake women so much, I have another recommendation for an interesting woman– Alexia Tarabotti. She’s the main character in Gail Carriger’s Parasol Protectorate novels. Alexia is quite concerned with manners, pastries, and parasols but she also gets down and dirty with the likes of werewolves, vampires, ghosts, and other spooky things– all while keeping her hair as neat as possible, please.
  • Finally, there’s a whole segment of women that were recently in the news– female investors. Funny enough, Peg alludes to a particular “Wall Street ball-breaker in Working Girl” but what’s fascinating is the news that female investors have been more successful managing portfolios than men. Why? By being decidedly feminine in their investment strategies– i.e. risk-averse (and most likely not concerned with ball-breaking).

What is truly important to understand is the fight for equal rights for women is not a fight that requires masculinity or toughness. The fight for equal rights does not require blazing guns and fist fights. It doesn’t require armor. Honestly, it doesn’t even need these things and most women fighting for women’s rights don’t want to bring these things into the equation. And it’s not because we’re soft. It’s because we want our rights on our womanly, feminine terms.

As a matter of fact, if you ask me what a leader in the feminist movement should look like, I’d say I’d prefer one that looks decidedly feminine. We are women. There’s absolutely no shame in that. We don’t need to pretend. We don’t need to hide. I am woman, hear me roar– in my dress and stilettos.

July 14, 2011

Politicians as Playground Bullies

Rock'em Sock'em Robots
“Rock ‘em Sock ‘em Robots” by Profound Whatever on Flickr

I’ve been reading a lot lately and I’ve been reading a lot of different things. I think I need to pull the plug on the news though because it’s really getting me down.

I know I’ve blogged about it before, but I can’t stand it when our government acts like a bunch of playground bullies and brats. They’re adults. They were chosen by adults. We expect them to behave like adults.

They don’t.

They have the meanest cliques, the cruelest words, the harshest punishments, the most illogical rationalizations, the stoniest silences, and the coldest stares. I cannot understand it. Nor can I stand it.

Furthermore, I’m absolutely shocked at the swell of support our leaders are getting from “the people” to behave in such idiotic fashion. Have we no shame? What are people thinking cheering, supporting, and encouraging these ridiculous hard-line, bullying stances? Why is this nation so hell-bent on steering our ship in one direction, or the complete opposite, but never down a calm and steady middle path?

It’s bad enough there’s a playground fight erupting between a bunch of meanies cheered and egged on by extremely pushy and loud observers, but to add complete chaos to the process you have a relentless media spotlighting and magnifying every single second of disgusting behavior.

I find it completely nauseating.

To my fellow Americans—leaders, followers, rebels, and everything in between:

We got ourselves into a shit-storm and we did it together. There is not one single exclusive reason we are in this mess. Yes, the government spent too much money—on Republican-sponsored wars and Democratic-sponsored programs and a bit of ridiculousness from both sides of the aisles. Republicans and Democrats and Others all played various roles across all spectrums in the housing debacle. Now, it’s time to buck up and begin that long, arduous path many of us are familiar with—getting out of debt.

Now, I know for a fact that in the case of every single person who has successfully dug themselves out of debt, there was a master plan that relied on two heavy-hitters: Expenses vs. Income.

Oh yes, we need to slash spending. Get over it. All of us with our debt loads know what this is like—that painful stripping and stripping and stripping. But we do it. And our government has to do it. And we need to deal with the ramifications of that because it’s going to hurt like heck. Many of us are feeling the squeeze and it’s going to get tighter.

However, stripping and cutting isn’t the only thing a person determined to achieve the status of debt-free does, is it? Nope. We bring in the money. We have garage sales, e-bay auctions, and craigslist listings. We do little jobs here and there. We ask for raises. We look for better jobs. We look for extra jobs. We hustle to bring in that money.

When it comes to the government bringing in money, it means collecting taxes. Get over it. And I am simply tired, exhausted, irritated with the ridiculous chanting of misinformation. The tax hikes being brought to the table affect families making over $250k a year. Considering the slashes in spending mostly affect programs in place to aid families who make well under that, it’s sensible to balance the scales in this fashion.

Ah, but there’s the problem. Sensible.

sen·si·ble/ˈsensəbəl/Adjective

1. (of a statement or course of action) Chosen in accordance with wisdom or prudence; likely to be of benefit: “a sensible diet”.

Not much happening in, around, or about Washington D.C. is wise or prudent and it is all likely to be of detriment instead.

This cannot continue. And I can’t believe I’m going to say this, but it appears it must be us, the American people, to show our government representatives true leadership skills.

We must calm down. We must remove inflammatory language. We must soften our stances. We must back away from our painted corners. We must remove the boxing gloves. We must shy away from absolutes. We must erase lines in the sand. We must never say never.

The debt ceiling is a big issue, yes. It has many ramifications. But the bigger issue is the complete lack of decency, professional respect, common sense, and willingness to compromise that is ravaging our nation.

There needs to be a call to action in this country, but it has to be for decorum first, reform second.

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