2 Minute Warning
Wrapping up the 1st Quarter of this fiscal period, I've never battled this hard for a lead change. My opponent... as consistent as a professional boxers cadence on a speed bag. I'd be lying if I called this never ending battle between my debt and my expenses a classic bout to remember. Often it seems as though the significance of my debt is being weighed in tons compared to the ounce of joy I cash out with on a bi-weekly pay schedule. I've spent the last two years attempting to gain the most firm grasp on the balance of my debt to expense ratio, ask me to grade my current status and I'd pridefully respond, "Above average," while endorsing the infamous Kanye shrug. TNT's own; Marv Albert (sports analyst/announcer) emphasized during my childhood on many of his televised broadcasts how important the last two minutes of each competitive sporting event is and in fact I believe this applies to all aspects of life, especially in the 'real world' when the quarter is closing.
The Mutombo Effect
We dream big and we should never satisfy our hunger for success with complacency at any level other than the highest pinnacle. We are tied to the standardize notion of the common educational format. Advised that the collegiate route is the most efficient & secure way to land in our desired field of work. I concur to an extent but I do believe the outcome is flawed due to the alteration of the common goal. Previous generations were presented; stability, opportunity, & loyalty some would say as a reward for their journey thru the graduate process. The demand for years of experience and expectation of great leadership traits from individuals who have just conquered (and still are attempting) the ability to balance their own vices is futile.
A question I ask myself frequently, how will my generation overcome our initial barrier (student loans) whilst entering the 'real world' without opportunity presenting itself? Stability and loyalty grow in due time but the lack of balance between easily falling into debt and applying immense work ethic for higher income is skewed beyond measure. Shades of the great Dikembe Mutombo! The defensive mechanism used within our current 'real world' culture is to bait young teens to fall into a sunken place filled with debt, while settling for a salary so insufficient our ancestors are weeping silently in their after life. Recognize there are outliers and I applaud them, but those odds are as likely as the number of undersized athletes who actually were able to dunk on Dikembe.. slim to none.
Antoine "Shimmy" Walker ☘️
The current corporate format isn't entirely at fault for the lack of balance. I blame our consumer habits and inability to utilize logic when differentiating our wants & needs. The constant notion to 'Keep up with the Jones' has adapted & maneuvered thru each culture shift the human race has endured however, as of late it has exceed the expected standard. We pride ourselves on maintaining an image labeled as acceptable but in comparison to the bank account of other wealthy individuals, thus leaving us susceptible to creating large amounts of debt for ourselves. Working in various sales environments as a teen, I've witness this countless times and have even caught myself blocking out the conscious debate of selecting approve or decline post swiping my debit card. I get it work hard and by all means treat yourself, but I believe the historical structure that upcoming generations (including my own) need to focus on is the development of collaborative blueprints for capitalizing on new market opportunity that will ultimately multiply income within their inner circle. The opinions and experience of the close knit group must be valued equally but should be challenged frequently. Change is constant and it is important to constantly urge one another to expand your thought process and adapt to what is unfamiliar.
Case in point, Antoine Walker; a very reliable role player in the National Basketball Association who had multiple stints with the Boston Celtics, the Dallas Mavericks, Miami Heat, & Atlanta Hawks before playing overseas and then retiring. He struggled with the balance of his debt to expense ratio. After a successful NBA career and amassing a total of 108 million dollars in the span of 12 years ('96-'08) he found himself filing for bankruptcy in 2010. Antoine's claim for bankruptcy doesn't solely fall on him constantly exceeding his expense limits, because he generously took care of others within his inner circle. Nonetheless there was a massive dark cloud over Antoine after his basketball career stemming from his addiction to gambling and the casting shadows of high mortgaged homes that weren't necessary or an adequate return on investment. Clearly Antoine had an abysmal understanding of the differentiation between his wants and needs. Luckily Antoine can shimmy once again due to him overcoming bankruptcy and being completely debt free as of 2013.
Ramble Young Man Ramble
I want to keep the transparency that @ItsLoddy, Tsat92, and I have delivered on each post and close out by acknowledging that I wanted to cover this topic pending a recent falling out I had with an individual from my inner circle. A relatively important peer who I assumed I would never have an issue with due to monetary gains, but realistically in the 'real world' money divides a relationship much quicker than it helps build one. You can blame it on the trust factor if you want or just recognize the importance of keeping your close knit group tight & prepared for change.
I hope this post gave you some insight on the ongoing battle I face, and if you can relate.. voice your opinion and be heard!!
In the words of my my role model; Muhammad Ali, I leave you with his everlasting phrase....
"Rumble Young Man Rumble."
Where like minds disagree and punctuation is overlooked