Minor Setbacks


Something tells me this is going to be a recurring theme on this blog.

Though I’ve expected the unexpected, I have recently experienced a couple of setbacks.

1. Health Insurance

Who knew? Health insurance is indescribably expensive.

It’s a setback but it’s not up for compromise. My wife and I are going to have good health insurance.

I landed my full time job through a staffing agency. At this time, I am still paid hourly through them. Now that I am eligible for their benefits, a rather large chunk will be deducted from my paychecks.

However, once I am officially taken on with my job and the staffing agency is out of the picture, I will have a better benefits plan and less money will be taken out of my pocket.

2. My wife’s student loans

I am more than happy to say that I do not have student loans—I am 100% debt free. My family made a lot of sacrifices so that I can have a better life than the one they’ve had. I will always be grateful for that—and I love the American dream.

However, my wife had to take student loans.

She did an excellent job of being frugal and her family helped her in more ways than I can count. Hey, $15,000 for a college degree and a semester abroad in London is quite the feat…especially when considering $26,000 is the average amount of debt in student loans per individual.

By the way, the average American household has nearly $16,000 in credit card debt (we have zero).

That means if we were average, we would be $68,000 in debt!

I might be paying $1,400 in rent a little longer than I’d like but that doesn’t mean my plan has changed. We are in a good place.

Nik Parks Modern Family

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