This post was inspired by the artist known as the Ninja. The Ninja draws (almost as good as my 2 year old) at the personal finance blog called Punch Debt In The Face (PDITF for short). Every time I think of PDITF is think of NKOTB. If you are old enough to remember, NKOTB is the New Kids On The Block which I see is touring again. I can just imagine the crowd at those shows. Anyhow back to business. Punch Debt posted a challenge to write a letter to yourself in 10 years. Crazy things can happen in ten years, do you know what Tyler Durden is doing in 2020? Keep reading to find out, it’s simply amazing.
It would be awesome if at least a few of you fellow PFers followed suit and wrote to your future selves. It’s an easy and efficient way to share with your readers, not only what is important to you today, but what you hope is important to you 10 years from now
I think this is a great way to help visualize the future and begin the process of setting milestones to reach any lofty goals you may have for the future. If we don’t look forward and attempt to put plans in place to better ourselves and our families, then we run the risk of being in the same place 10 years from now. Like a budget, on paper and on purchase is the way to achieve your hopes and dreams for the future.
I know a lot has changed in the past ten years. I wanted to write to you and tell you that you are still a wonderful dude. Your wife and children love you like they have always loved you. Now that you have a warm and fuzzy feeling, let’s talk about the past 10 years of your life. Remember Jeff, I’m writing this in 2010 so some things may be a little different but not too different.
As I write this you have been married for almost 4 years and have 2 lovely children. You live in a small house in a nice neighborhood near Detroit. You have two dogs Cody and Fletcher. You have just celebrated 10 years with GM and 2 years delivering pizzas on the side. You are in debt and working you a$$ off to get out of debt. You write a blog titled DeliverAwayDebt detailing personal finance topics and how to handle getting out of debt. You are very happy and smile and laugh as much as possible.
Fast forward to 2020
Is your wife still the most important person in your life? She’d better be. You would not be where you are today without her love and support. Look up at her right now and tell her you love her (I know you are reading this to her right now). You both are sitting at the table watching the kids get ready for school. Ryan is almost 13 now and Reese is 11. I’m sure there is at least one more child in the mix too (his/her name escapes me 🙂 ). Cody and Fletcher have passed on and I know that you have not purchased anymore dogs, right? It’s sure nice to be able to sit and eat breakfast with your lady now that you own 2 pizza parlors. Yes you still work your butt off, but you continue to make time for the important things in life – your family.
Five years ago you made a decision to open your first pizza shop. It was a great idea wasn’t it. I know opening the store while still working your day job was tough but you needed to be sure you could make it before quitting. I’m proud of you for making the sacrifice during that extremely long year. It all worked out in the end though didn’t it? Two years ago you opened your second store and have plans for a third later this year. The best part about the businesses you started with was the funding. After paying off all your debt ($101,000 in just over 2 years), you financed the first store with cash. Yes you are renting the building but everything else was purchased with cash. After working hard and saving you we able to buy a building for the second store and pay cash again with the profits from the first store. I’m proud that you have never gone back into debt. Living below your means has been worth it and you are quite happy with life, aren’t you?
I know you are still doing some type of blogging but I’m not sure what they call it these days. You have still have DeliverAwayDebt out there somewhere just for the memories. Do you remember those days? Working your butt off two jobs to get out of debt and writing about your adventures. Those were some great times and all the lessons you learned about money and how to make it work for you have paid off. I’m glad you and that beautiful lady sitting across from you chose to get out of debt. Your life would not be as great as it is now without the hard work and sacrifice you both made 10 years ago.
What other hobbies do you have now? Ten years ago, blogging was it because of your lack of extra time. I hope you are taking some vacations now and enjoying them. You’d better be working out a little and riding your bike. You are 44 years young now and you must to take care of that body. I trust that you are still not drinking or smoking because you’ve already done enough damage with those vices earlier in your life.
How is the Cobalt running? How many miles does it have now? I know you are still driving it every day, remember when you use to lease cars? Yeah, that was pretty dumb wasn’t it? Yes you own 2 pizza shops now, but you don’t need an expensive car to show off your status. Status is for vain people, and you are not vain. Being vain has never allowed a person to retire early with over a million dollars in the bank. Yes, I know a million doesn’t buy as much now as it did in 2010. It’s the mindset that matters, I’m proud of you for not giving a crap what people think. Next year you will have been married for 15 years and you will be 45 years old. You need to begin saving money for a 2 week European vacation that you will be taking your lady on next year. You have been talking about Europe for years, book the trip this month. Please make sure to plan to be on top of the Eiffel Tower in Paris on your anniversary. You can propose again just like you did on the Eiffel Tower in Las Vegas many years before. The kids will be fine with their Grandparents so don’t even sweat it; you guys need this time alone.
It’s your turn Jeff of 2020. Please use your voice recognition software to speak a letter to yourself in 10 years. Yes that means you’ll be 54 and the year will be 2030. Good luck my friend, I still can’t believe that Tyler Durden is President in 2010 🙂