I log on to Netbank to perform
my duties as chairperson of our owners corporation. I schedule payment of our
one major bill, the insurance; a cheque needs writing and posting; all the
bills and receipts need assembling in one box; I need to pay my annual fee now
my bank balance can cope with it. I transfer the money, and go back to my Netbank
home page. And there it is.
I’ve been in debt for 28 years.
There’s been a small fluctuating amount in my cash account for food and petrol
and daily expenses. My fixed account fluctuates on a broader scale as it deals
with utility bills, rates, taxes, and payments for large or expensive items. My
business account has paid for holidays and airfares and the credit card when
the other accounts can’t bridge the gap.
The great constant for 28 years
is the home loan, all $75k of it, such a small amount to most home owners, but
a seemingly insurmountable lump to a man with no interest in money. There are
no assets, no stocks, shares or other stuff that I don’t understand.
The bank kindly tots up my
worth and indicates my financial status at the bottom of my home page; the figure
is always suffixed with a DR. I don’t know how DR translates to debt; perhaps
it means debtor—I owe.
Today, after 28 years of DR, my
status is CR—creditor; the bank owes me. I still owe $4,627.09 on my home loan,
and $361.76 on the credit card. But my other accounts hold a total of
$5,124.27, leaving me $135.42 to the good, a CR. I don’t know how or what I
should feel. Relief, gratitude, nothing?
I need to consider how to
invest my CR status: capitalise the house (no); top up the super (probably);
earn interest (how)? The business of money and its pursuit will always be a mystery.
Rock on.
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