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Carole Duff's avatar

When I started out that Friday morning, Valentine's Day 2020, the truck registered under half a tank. The six-hour round trip to see my mother for lunch at the care facility took a full tank, and thus I needed to buy gas on the way there. Of course, I preferred to gas up in the afternoon so I could scope out prices in the morning. But that day I had to rely on past experience of which stations had the lowest prices within my under-half-a-tank range. Driving 29 south in Virginia toward North Carolina, I noted prices for regular gas, starting with a high of $2.39 per gallon dropping to $2.29, $2.25, $2.22 (better), $2.05 (much better), $2.02 and $1.99 in Chatham (much, much better). I could have pulled into that station but hoped even more pennies might stay in my pocket. Money, money, money. The previous week, the BP station in Danville had posted $1.95, and that station was still within range. Maybe I’d get lucky again. Problem was, BP Danville was the last gas station along my route south for a good while. If I didn’t fill up there, I’d have to exit, burning both gas and time, and accept whatever price. I rounded the corner and looked down the highway at the BP posted price. $2.26. I groaned. And that wasn’t the end of my comeuppance. On the way home, the BP posted price was $2.05! I laughed, thinking maybe I was “paying” for my greed. As it turned out, that Valentine's Day trip was the last time I saw my mother. She died early Sunday morning, February 16, 2020. I still play the gas price game wherever I go and don’t always win. But losing gives me a chance to laugh at my penny-wise, pound-foolishness. And for me, laugher is worth a lot of pennies, even a dollar fifty. My penny-wise mother would have agreed.

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Amelia's avatar

Throughout my life I have been a spender and very cavalier about money and debt. Over time, when I considered how I spent money I realized how manipulated I was by “the cult of consumerism.” I had always had an income which increased as I changed my place of employment, however it never seemed to make a great difference. as I was always in debt to credit cards; I accepted this as a way of life.

When I decided to take early retirement, it took time to adjust to the loss of a monthly salary, so I continued to rely on credit cards. I had a nice nest egg which needed to be managed properly and I found an excellent financial advisor who made my transition to retirement possible.

It wasn’t until my daughter and son-in-law joined me Spain and inquired as to my finances and offered to review them with me - a very painful exercise- that I took stock and soon emerged debt free, released from the tyranny of interest rates and being chained to debt.

The freedom to think of money as a tool to shape a rich and fulfilling life was my goal and I believe I have achieved it.

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