I’ve lamented before about my college/grad school loans and how I had being hoping that they would be eligible for the recent federal loan forgiveness program.
But even though I’m not eligible, I wanted share this quick video about the
Income Based Repayment program. It describes the program in simple terms in just a few minutes, if you have/know college age kids, you should definitely share this:
Do you think such a program is fair or just plain socialist?
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Sustainable Family Finances
The story of a family creating an abundant and sustainable life.
Author Archives: Darcy Cronin
I Love Kiva
I know that I’ve written about Kiva on several occasions already, but after making my 6th loan to a group of Congolese women, I can’t help but share again.
It all started out when I lent $50 ($25 to 2 people) for my Dads on Father’s Day. Then around the holidays I talked about how Kiva loans are the perfect gift for family members who have everything already. I shared a video about the power of investing in women. In the mean time I relent that same $50 several times over, after the funds had been repaid.
Just this week I invested in this group of women from Congo who work together to run a store and fund their own micro-enterprise projects in the village. When I contributed they were at 35% funded and now they are 62%. The loan will be repaid in 6 months, and I look forward to finding another community of people to support in places of need.
Each time I also contribute the suggested $3.25 to Kiva to support the administration of all these loans, which seems to be a reasonable rate.
Have you loaned money through Kiva? I bet you’ll get hooked too…
Use this link to lend your first $25 for free!
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Sustainable Family Finances
The story of a family creating an abundant and sustainable life.
Autumn Abundance
Happy Autumn!
While it’s hard to celebrate the season in the midst of a busy work week, I am happy to embrace autumn.
It personally feels like a much more transitional time than in recent years. Our Big Guy is now in Kindergarten and Girly is quickly growing into her potty training panties. Hubby is ecstatic about the arrival of honey crisps, our family’s favorite apple. Our family calendar is already getting full, and I’m doing my best to practice simplicity parenting.
Yet, with all this abundance, I’m also feeling a bit ambivalent about my blog writing. I’m having trouble finding a financial goal that inspires me half as much as our family trip to Denmark. We are continually working to cut our family carbon footprint, but I also feel a bit of a plateau effect. I still want to reflect on my journey, but I’m feeling a bit more relaxed about the venture. Maybe it’s just a post-vacation syndrome, but I’m more inclined to crawl in bed with a good book (loving Elizabeth Gilbert’s
Committed
) than turn on our laptop to check in on finances. Or better yet, enjoy the last days of sunshine, while harvesting our heirloom tomatoes.
Once I really reflect, I guess I’m feeling a bit isolated too. While I have a number of readers, blogging hasn’t created the community I’d hoped to create. I’m not sure why I ever expected that writing into cyberspace would create deep seeded values-driven relationships. I have planted a few seeds though…;-)
I guess I just need this autumn to reflect, recharge, and refocus.
Darcy
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Sustainable Family Finances
The story of a family creating an abundant and sustainable life.
Miss You Denmark!
I’m guessing that most of my friends/readers are probably ready for me to return from our fairy tale trip and get back to real life Portland, but I’m reluctant to say “farvel” without a bit more reflection about why I already miss Denmark so much (and it’s not the weather 😉
Here’s my top list:
- Family comes first for Danes – While surely there are some estranged families in Denmark, as a culture, family really matters to Danes. Many families live near each other, but with the country being so small, you can’t ever be that far from “home.”
- Food is central to Danish culture and family life, and almost every family eats dinner together every night, typically lasting at least an hour and then it’s coffee hour. Breakfast and lunch is often leisurely as well, and I don’t think it’s an exaggeration to say that while we were visiting we were eating/conversing around the dining table for at least 3 hours a day. (And yes I gained about five pounds on our trip, but when I lived there I didn’t gain anything because I was biking and staying active, and thankfully I’ve almost lost the extra “kilos” since I’ve been biking again the past few weeks 🙂
- Danes celebrate daily life – Danes seem to savor every season. In summer, Danes head to beach at the glimpse of the sun, stroll through the woods, and eat outdoors as often as weather remotely allows (plus, there’s no such thing as being “too hot” there 😉 In winter, Danes love their candles and creating a hyggeligt (cozy) atmosphere in their home.
- Danes know how to party – Danes hold the most festive and beautiful parties, and find creative ways to show others how much they care. For special anniversaries or birthdays, family and friends will remake the lyrics of traditional songs to match the celebrant’s life story and personality. Plus, if you are lucky, Danes will drink just enough to remove the facade of social shyness that you may find on the surface…once Danes open up to you, you’ve got a friend for life 🙂
- Danes take care of each other – I think the socialist system is really the key factor behind Denmark being at the top of nearly every happiness research (you must read Living in Bliss). After paying a 40% tax, Danes don’t have to worry about health care, education, retirement, or caring for ailing parents (or themselves). As a result, Danes just don’t need to waste their energy worrying about the basics that even middle class Americans can’t take for granted. Students need to demonstrate their smarts in order to get into their chosen field, but no one is saddled with college loans. New families can afford to take time away from work to care for their children, maternity leave starts a month before the baby is due, public employees get full pay for one year (Dads get two weeks initially and then need to share up to 52 weeks of leave with Moms), and I don’t think I need to go on and on again about how financially difficult maternity leave can be for young families in the states…
- Danish politics – Needless to say, the politics of a small socialist country are far different. Just yesterday the first female Danish prime minister was elected, and it was interesting to read/talk about the election while we were there. Financing the welfare system was the primary topic, because they have a deficit of $22 billion (which happens to seem paltry in comparison to nearly $15 trillion of U.S. debt!) Yet, even in a tight economy, people were debating how to improve social services, not cut them. I won’t rewrite my poli-sci paper from college here, but I would like to point out that a multi-party system really allows for diverse political perspectives to be debated at a national level. I love the fact that there is a leftist female politician in her late twenties who is in the national debate, she was very fiery and articulate when call the current (soon past) prime minister on his politics, and reminding everyone that climate change isn’t going to just go away… energy and climate issues have been at the for decades now…
I could go on and on with my love list, but I think you should get the point. While I can’t bring Denmark home with me, my trip has inspired me to have celebrate life more like the Danes.
Really the only thing I missed while we were away was our delicious Bull Run water here in Portland. Danish well water does the trick, but it’s no where near as refreshing and my curly hair is happy to home 🙂
Thanks for following along on journey to Denmark!
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Sustainable Family Finances
The story of a family creating an abundant and sustainable life.
Danish Family Budget
I’ve haven’t managed to sort/post all our photos/stories yet (these are from Legoland), but I did complete our Danish family vacation budget.
While our expenses didn’t mirror my estimate exactly (we saved on the flights and spent more on the rental car), it was pretty spot on. I was especially astonished because it’s been 12 years since I lived there and I’ve never fed a family of four. The accuracy more of a fluke than a precise calculation, but I was sure happy to see that we spent what we predicted (we had saved more just in case too!) We also spent $515 on our passports, and I spend around $250 on gifts for family and friends.
There’s a huge caveat to our budget, and
I don’t want to give you the impression that this is the typical budget for 3 weeks in Denmark. We stayed almost entirely with my host families, which saved us a ton of kroner. We stayed in youth hostels for 4 nights, and the rest of the time we stayed with some of the most beautiful Danes you could imagine. Our groceries covered breakfasts and lunches while we were on the road or at summer houses, and we only ate out for 7 dinners. This was really lucky, because restaurant meals cost us almost $100 (although we did have several pizza nights which cost closer to $50).
While we weren’t extravagant, we were able to travel generously and without undue worry. Knowing upfront that we had saved for a few expensive meals made them more pal
atable (although truly the best meals were made by my lovely host families…yummy!)
Although we saved the full budget, we also had a little wiggle room due to our typical family budget. For example, we usually spend $650-750 a month on groceries and dining out, so our vacation expenses weren’t too much higher. We also saved $900 on preschool tuition by having our Big Guy end a month early before starting Kindergarten.
In the end, I’m most satisfied that we were able to reach our family goal. The trip brought our family even closer together and created many fun stories and beautiful memories. But the part that Hubby didn’t quite anticipate was how much he enjoyed getting to know all my host families and friends, and those relationships are worth everything!
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Sustainable Family Finances
The story of a family creating an abundant and sustainable life.