It’s so easy to get caught up in focusing on what we don’t have. (Guilty as charged, on a daily basis!)
- I left home young – no cellphone, no computer, no car, just some clothes, books and my guitar – and became financially independent at 17
- I don’t work in an industry known for being lucrative and my skills skew more creative, less practical
- I don’t have an equal financial partner; our relationship has spanned multiple bouts of unemployment/underemployment that add up to probably tens of thousands spent supporting us solely on my income
But I’ve also had so many financial privileges in my life. I don’t know where I would be without these things today.
I grew up in a financially stable home
I never wanted for anything. I have financially savvy parents and money was never a taboo topic. I came away with an understanding of the importance of saving, and I was encouraged to focus on the future and think about career paths.
I received a full tuition scholarship
My merit scholarship paid for my university fees. Between the student allowance and paid work, I was able to cover my living costs and graduated basically debt-free. Otherwise, 12 cents out of every dollar I earn today would be going toward student loan repayments.
I’ve never been unemployed
Despite entering the workforce during the GFC, I have always been employed. The work I do also aligns well with freelancing/side hustling.
The stockmarket has been kind to me so far
It even helped me with my house deposit. I never intended to use that money for a down payment – it was invested for the long term originally – but it worked out well.
I’ve benefited from family support
This ties back in to my first point, too. My parents looked after me during my separation, offered help with the purchase of my house and were in a position to lend me money towards it so I could buy something decent.