Home > Perspective


August 31st, 2005 at 02:23 am

Thoughts from the last few days:

I am consumed by the coverage of Hurricane Katrina. I just can't fathom the complete and total loss being experienced by these people. It's absolutely tragic. I try to envision if all of a sudden I was told that I had to be out of my house in 12 or 24 hours, possibly never to return again. What would I bring? Not surprisingly, my list includes very few of the material possessions I've acquired over my 11 years of marriage and 10 years of homeownership. Instead, I'd go for important papers (passports and the like), pictures from my wedding, of the kids and my parents, etc., cash and maybe a few special pieces of jewelry.

Even though insurance will undoubtedly pay out to many people (eventually), I understand that the city is relatively poor. How many of these people paid insurance premiums for their few precious assets? Even for those people who had insurance, how long will it take before these people see financial relief? They're talking about it taking a month to get electricity back on; I can't imagine they'll be filing claims anytime soon. Can these people make it for that month, two months, three months or more until they're reimbursed? Note to self: maybe I should boost up my emergency savings after all...

But the thing that makes me so mad is the looting. I understand looting of the grocery stores. People are working on basic survival at this point, so I would probably do the same if I needed food, water, batteries, etc. But the people looting Foot Locker? Come on! I saw video of it on the news tonight and I think that's just inexcusable! I hope when things settle down, the police go back and review the tapes and go after every one!

Phew, that was a lot to get off my chest, but I really needed to do it. Back to my comparably hum-drum life, I actually had a real no-spend day. Not a dime! Regular readers of my posts know how absolutely impossible this is for me. I went to the post office (shipping paid by receiver), the kids' bank to count the coins in their piggy and deposit, and my bank for a deposit. Then I came home, hung out with the kids, and made dinner. That's it. A great way for me to finish up a really expensive month.

Tomorrow evening I'll be able to do my month-end numbers. I get the values of all of our accounts, mutual funds, debts, etc. and calculate our net worth. It had been going up quite a bit thorugh the first six months of the year, but the new car loan put a hit on that! I always feel good about my finances on the first of the month, because I tend not to count 401(k)s, pensions, etc. when I'm thinking of our financial situation because it's sooo far away. Instead I think of monthly inflows and outflows, which is a bit more depressing. Tomorrow should be an equally quiet day, then September 1st!!!

1 Responses to “Perspective”

  1. Anonymous Says:

    I agree with many of your thoughts about Katrina and the devastation. I hope I'm wrong, but I cant imagine how that city will come back to its former self - or anything close from this perspective.

    The looting is inexcusable. How many shoes does a person need?

    And I too think about what would I do if suddenly I lost it all. Just how important is all the stuff I have. It also makes me realize how fortunate we are.

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