People have sometimes been skeptical of my claim to modest means, and it
is certain that I have, on occasion, chosen some rather costly places to spend
the night. Many would call it living
above one’s means, and that may be true. I think of it more as living
frugally when necessary in order to live it up when the right opportunity
presents itself.
Among my many vices as a young man was a rather common illness that
manifested itself basically in a total inability to handle money. Until I was thirty, my finances were just
about always in a catastrophic state.
French banks were terrible for my malady, because for whatever peculiar
reason, they tended to allow great overdrafts without getting too
concerned. In my case, just as I was
entering my fourth decade, my overdraft exceeded my salary. That meant in essence that I was already
stone broke the day my salary was deposited.
It went on for a long time, and as I had never really known any other
way of dealing with money, I never expected to get myself out of this permanent
financial rut.
But I did. In fact, I had what might be the equivalent of a born-again experience. Someone gave me some life-changing advice, and for once I listened. I can’t remember for sure, but it must have been my bank manager, in which case I owe him an immense debt of gratitude
First, I was told to write down meticulously everything I spent during
the month, not to leave a single penny unaccounted for. I did this, and was astounded to suddenly realize
how much money I was spending on magazines that I wasn’t reading, taxis far
slower than public transport, not to mention cigarettes and various and sundry extravagances,
none of which were giving me the slightest pleasure.
Then came the clinker, my spiritual awakening: if I could ever figure out a way to pay off
my debts, I could conceivably count on the money I was squandering on rubbish
to spend in the future on all sorts of wonderful things that I had heretofore
been unable to afford.
I am simplifying a little, but once I reimbursed --little by little-- my
wonderfully patient bank manager, I started thinking about what would really
give me pleasure, and I have never looked
back, and have never actually been completely broke again.
It didn’t hurt that this coincided with a reasonably good office job at
UNESCO. By now I had stopped drinking, and that certainly didn’t hurt financially either.
I remember when I quit smoking in 1978 (during my first trip to Taormina), I started a piggy bank in which I religiously deposited my “cigarette money” every day, with the enthusiastic resolution to spend it at some future point on something much more pleasurable.
I remember when I quit smoking in 1978 (during my first trip to Taormina), I started a piggy bank in which I religiously deposited my “cigarette money” every day, with the enthusiastic resolution to spend it at some future point on something much more pleasurable.
When I started the art business in 1979 as a possibly money-making hobby
to offset a less than stimulating clerical job, I made myself a promise that if
ever there were any profits, I would only use them for the kind of luxuries I
could otherwise not afford. And that is what I’ve always done. These once-unaffordable pleasures more often
than not turned into hotels and restaurants.
So if you’d like to buy a charming, inexpensive watercolor from another
era, just let me know ... and be assured that the proceeds will most likely find their way into the coffers of
some grand hotel. Or perhaps another
lunch at the Ritz when it ever reopens.
3 comments:
I don't think that spending money on yourself is something wrong. I too enjoy splurging here and then, you have to live lifeto the fullest and aren't going to bring money with you in the grave. When I know that there are going to be long walks around the city, I make sure to go out of the way for a comfortable bed and bath tube. I also want to thank cheap hotels in NYC because they always tried to give me the best deal possible.
Both your advantage and ours. You are able to enjoy the finer things in life and we are able to enjoy your accounts of them.
Win/Win
I love reading your blogs. It is truly a visit with you. You are putting into words what so many people feel. You are able to connect with people face to face, and you are connecting once again with me in your writing. Thank you.
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