Saturday, April 7, 2012

A Million Bucks Don't Buy Much

You gotta love Facebook. Where else can you have debates with people in real time that all your other friends and acquaintances and colleagues and pretty much anyone else can see and comment on?

So recently I posted something about being not ashamed that I went to JuCo but that my education there wasn't really necessary for me to be a homeschooling mom or writer. I might have made the inflammatory statement that it was a waste of money. I'm not saying education is a waste ... I guess I was saying you never know with education if you'll need it or not and it costs so dang much and why do we push our kids to go to college at age 18 when they can barely wipe their butts let alone know what they want to do for the rest of their lives ... that's actually another blog post.

Someone weighed in that if their mom hadn't had a college education when their dad died, they would've been screwed. I countered with WHAT ABOUT LIFE INSURANCE?

Then someone told me I'm smoking crack if I think a million dollars in life insurance is going to take care of my kids and myself if Aron dies.

Now I'm not the best at math, folks, but I'm thinking if Aron dies, I won't have his cell phone bill, his truck payment (because I'll sell it if I have to), his truck insurance, his truck tags, his truck gas (it's a beast!), his grocery bill, his Clothes Horse bill (ha! ... he and I are not exactly fashionistas!), etc. And to replace his handyman skills around the house, I will have to call on my dad, his dad and his brothers.

Okay, so a million dollars put into a savings account I'm thinking would last til all 5 of my kids turn 18. I keep up the monthly house payment, utilities, insurance, groceries, expenses. I keep taking hand-me-down clothing, I shop cheap at garage sales and thrift stores and consignment stores. I don't need fancy crap. My mom gets us a membership to the zoo at Christmas every year, so there's our entertainment.

There's also the 401(k) and the IRAs, but who's counting? I suppose I'm blessed that I could keep up a writing career and bring in around $10,000 per year for whatever else we needed.

I'm really trying to figure out how a million dollars (or even half of that) would not be able to support us. I mean, a "normal" woman with no education and her kids in school would just work during the day, right? Maybe she'd only be making $25,000 per year, but on top of life insurance, wouldn't that take care of an awful lot of living expenses if she spent it wisely? We're talking about a woman who doesn't need designer clothes and purses and shoes and vacations. A woman who lives in a 1,500-square-foot house with a low house payment. A woman with a paid-off car. A woman who has kids who don't go to private school. You know, a woman who is SUFFERING (ha!).

So once again I realize my argument isn't the best (I write these posts with kids hanging on me, what do you want ... real journalism?). I'm curious to see where you stand. Do you know someone who had no life insurance but made it anyway?

Someone who had life insurance and struggled?

Someone with no education who made it big? (Steve Jobs, anyone?)

Now I'm getting all sad thinking about living without Aron, so I'm going to go love on him.
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