Back in February, my mother sent me a rather large check for my birthday. The check came in an envelope with my mother’s name on the return address sticker. A note was enclosed written on my mother’s stationery. My mother died eighteen months ago.
My father is a very frugal man. He doesn’t like to waste anything. He uses my late mother’s checking account. He signs her name to checks. The checks are processed because my father never notified the bank that my mother had passed. There no sense wasting perfectly good checks! My father has never had a checking account, and at age ninety, I doubt he ever will. He will continue to use my mother’s account until he dies.
So what does an unemployed man do when he suddenly receives an economic boost? One would think he would pay the utilities, stock the pantry and make a few house payments. Not this unemployed man. I bought a piece of art. I also made a sizeable charitable donation in the hope that I will soon have income, and will be able the use a charitable deduction on the 2017 taxes. There’s nothing like planning for the future. And being charitable hopefully brings me some good karma for the job search. But buying more art? I should be seeing an addiction therapist. Thankfully, I still have a large balance in my emergency fund which takes covers my expenses. I’m sure Suze Orman would be simultaneously pleased that I have an emergency fund and appalled I bought art.