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Update on Plan #4: Summer Camp


There were many comments on the amount of money I am paying for the kids’ summer camp this year. And I have always admitted it was a large amount, but I thought it was worth it AND I believe (and still believe) this will be our last year of summer camp.

But even before my job loss, my perspective was changing a bit.  One because of the cost and two as I considered other ways the money could be spent.

What I Did

In early January, I had a conversation with Princess who was scheduled for 4 of the weeks of camp I was paying for. We discussed my thoughts about the amount of money is a 13 year old friendly way. I also showed her some other ways the money could be spent. I reiterated my commitment of sending her to camp for the four weeks, but I wanted her to consider these other options. And left the decision in her hands. We also discussed the private school she visited last fall. The deadline for application was Feb. 1 and I wanted to know if she still wanted to apply.

Bathroom selfie time with Princess and I

Every couple of weeks, I would check in with her on her thoughts. No pressure.

Decision Made

A couple of weeks ago, she came to me and said she was willing to give up the second session of camp. I was so proud of her for coming to the decision on her own. (Unfortunately, I probably would have forced it with the job situation. I’m glad I didn’t have too.)

I called the camp this week, and cancelled the second session.  They were very kind about it and said if something changes, they would be happy to offer me the deal I had locked in by booking last summer.

Moving Forward

The balance due for my younger two to attend is $1,430 (combined.) While I slowed down on my debt payment while I job seek, I am committed to paying this balance off by the end of April.

Full debt update coming this week.

Book Club: Your Money or Your Life


A few weeks ago, a BAD reader I follow on Facebook posted a recommendation for the book Your Money or Your Life by Joe Dominguez and Vicki Robin.  It was originally published back in 1992 and Joe has passed away since then. But Vicki did an update in 2008 and then again in 2018 bringing the contents up to date in regards to the new world of technology and various different financial changes since the early 90’s.

I ordered it that day…I’m ready for some serious changes in my financial life. It arrived this past week and I’ve been slowly working my way through it.  I wondered if anyone else would like to read it and we could have a book club of sorts in a month or so to compare notes and thoughts.

A Slow Start

Mr. Money Mustache wrote the foreword. And then there is some background on Vicki and Joe’s history and the original concept for the book. While the information was interesting, I was anxious to get to the meat of the book. But the beginning of first chapter almost had me putting it down permanently. It is filled with references to the planet and limited resources and so on. And the longer that dragged on, the more I thought “this book is not for me.”  I stuck with it though. And I’ve made it to chapter 2 and I am intrigued.

My Relationship with Money

The authors encourage you to read the book through before you put in the work. The work is broken is broken down into 9 steps. I’m just getting to Step 2 in my reading. But what I am finding is that the book focuses on your thoughts on money, the psychology of that relationship versus more common “steps to save” money or such.  And I believe that this is exactly what I need.

I wrote recently about Money Principles and that has led me to more reading on Money Traps. The thing these two have in common is that they are mindset tools versus practical how to spend or not spend your money tools.  I think this mindset is what I personally have been missing.

Book Club Discussion – in a month

So here I am, sitting in Starbucks while my kids train for their sports, reading Your Money or Your Life. Will you join me?  I figure I can complete my first read through in the next week or so (helps to not have a job to do, plenty of reading time.) I’ll plan to open a discussion on it a month for now for anyone who wants to dive in with me.

I personally couldn’t find a online version of the book, but maybe someone else can. I ordered mine from Amazon.