I Was Making $13K A Year: How Being Broke In NYC Humbled Me
Once upon a time, I was broke as hell. Not just broke, but broke as hell. Broke is when you have more month left than money. Broke as hell is when you continuously have more week left than money.
My brokest point came after I was laid off from my job at an S&P 500 listed company in 2011. I decided it was time to “give back" and joined Americorp. As a result, I was earning $13,500 annually and living in New York City. This wasn't the only time in my life I was broke before I decided to change my relationship with money, “broke" was a familiar situation.
By 2015, I had turned my situation around and was making nearly $80,000 a year. I got comfortable with my new income, took a couple of bucket list trips and launched my own company. But I will never forget the days I claimed I was “fasting" so that I didn't have to explain not having lunch because the truth was, I couldn't afford it.
As the saying goes, "What doesn't kill us makes us stronger," and there is a bright side to my days of penny pinching.
I learned valuable lessons when I was broke that I will carry with me throughout my life, and that I believe will help anyone who's in a financial struggle.
Humility Goes A Long Way
I drove a Lexus in college and it's safe to say that I was feeling myself, not exactly Kanye status, but I had a very healthy sense of self. Fast forward to 2011 when my vehicle had been towed for unpaid tickets, and I didn't even have enough money for train fare to get to work -- it was a much-deserved slice of humble pie.
Through my experience I began to understand what it was like to live paycheck to paycheck. While I wasn't exactly sitting in the front seat of the struggle bus, I began to understand what it felt like to question whether or not you'd be able to make ends meet. As a result, I started judging others less. I became thankful for the opportunities I had been afforded, and realized that nothing in this world is given and shouldn't be taken for granted.
You Have To Learn To Legally Hustle
Have you ever felt a job was below you? Right after college, I refused to take jobs that didn't require a college degree--that is until student loan reps started calling. During times of crying broke, I did jobs that I would have previously never given a second glance, and I created income streams using my skills. I sold cars, wrote term papers for college students, learned to bartend, and I even became a photo booth operator at events and private parties. There's something empowering about learning that you have "hustle" in you and that you can make cute ass lemon drop cookies when life throws you lemon peels.
Related: Six Tips For Getting Your Side Hustle Off The Ground In 2019
There Is A Difference Between Friends & Associates
In 2011, my grandfather was diagnosed with cancer. I didn't have a legitimate savings account; I barely had a bank account. A few months prior, my best friend had lost her job and was owed back pay by unemployment. As soon as she received her back pay, she purchased me a plane ticket home and see my grandfather. He passed less than a month later.
I not only learned who my friends were because of their generosity, but also because of their desire to actually be around me when we weren't having fun or spending our coins in a club. Mother Oprah said it best, "Lots of people want to ride with you in the limo, but what you want is someone who will take the bus with you when the limo breaks down." There are several people who opted not to ride the bus with me and I am beyond grateful that I learned what their intentions were early on.
Maximize & Value Resources
When you don't have money to do traditional twenty-something things, let alone paying your rent, an evolved version of first world "fight or flight" begins to occur. For me, "flight" was returning home to North Carolina, and I wasn't about to let New York City get the best of me. While I didn't become a freegan (although I knew plenty of people who were), I got creative with my life.
A friend and I did a "dining out fast". We committed to only dining out if someone else was picking up the bill. I cut my drinking bill down to zero. If I was going out, it was to open bar events. I started shopping at thrift stores and participating in clothing swaps. I effectively utilized my resources to make my money stretch. To this day, I cut corners where it makes sense. For example, I haven't had cable in five years and I've gotten really good at doing my own manicures.
One of the beautiful things about struggle is that you never know how strong and capable you are until you are challenged.
That's when you learn what you are really made of. Being broke changed my heart and life for the better. Now, would I ever want to be that broke again? Meeeehhh. Not by choice. I think I've had enough of being broke for a lifetime. What are some lessons you learned (or are learning) when you were broke?
xoNecole is always looking for new voices and empowering stories to add to our platform. If you have an interesting story or personal essay that you'd love to share, we'd love to hear from you. Contact us at submissions@xonecole.com.
Featured image by Shutterstock
Tonya Rapley is a nationally recognized millennial money expert and was deemed the "New Face of Wealth Building" by Black Enterprise magazine. She is a Certified Financial Educator and founder of MyFabFinance, where she is on a mission to help women break the cycle of living paycheck to paycheck.
ItGirl 100 Honors Black Women Who Create Culture & Put On For Their Cities
As they say, create the change you want to see in this world, besties. That’s why xoNecole linked up with Hyundai for the inaugural ItGirl 100 List, a celebration of 100 Genzennial women who aren’t afraid to pull up their own seats to the table. Across regions and industries, these women embody the essence of discovering self-value through purpose, honey! They're fierce, they’re ultra-creative, and we know they make their cities proud.
VIEW THE FULL ITGIRL 100 LIST HERE.
Don’t forget to also check out the ItGirl Directory, featuring 50 Black-woman-owned marketing and branding agencies, photographers and videographers, publicists, and more.
THE ITGIRL MEMO
I. An ItGirl puts on for her city and masters her self-worth through purpose.
II. An ItGirl celebrates all the things that make her unique.
III. An ItGirl empowers others to become the best versions of themselves.
IV. An ItGirl leads by example, inspiring others through her actions and integrity.
V. An ItGirl paves the way for authenticity and diversity in all aspects of life.
VI. An ItGirl uses the power of her voice to advocate for positive change in the world.
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Regina King Reflects On Grief and Loss After Her Son’s Death: ‘The Sadness Will Never Go Away.’
The pain of losing a child is an experience that no parent wants to go through — and actress Regina King is now ready to speak about her experience with grief two years after her son’s passing.
In her first TV interview appearance since her son, Ian Alexander Jr., died by suicide in January 2022, King sat down with Good Morning America, to reflect on the tragic loss.
“I’m a different person, you know, now than I was January 19,” King shared. “Grief is a journey, you know? I understand that grief is love that has no place to go.”
“I know that it’s important for me to honor Ian in the totality of who he is, speak about him in the present because he is always with me and the joy and happiness that he gave all of us,” she added.
The Shirley star also added that it's vital to discuss the common misconception surrounding depression, noting that battles with mental health can manifest in diverse ways. “When it comes to depression, people expect it to look a certain way — they expect it to look heavy,” King told Robin Roberts.
“To have to experience this and not be able to have the time to just sit with Ian’s choice, which I respect and understand… He didn’t want to be here anymore, and that’s a hard thing for other people to receive because they did not live our experience, did not live Ian’s journey.”
Jeff Kravitz / Contributor/Getty Images
The Academy Award winner openly revealed that she was initially “so angry with God.”
“Why would that weight be given to Ian? Of all of the things that we had gone through — therapy, psychiatrists, programs — and Ian was like, ‘I’m tired of talking, Mom,' " she said.
With the memory of her son near to her, King said through tears, “My favorite thing about myself is being Ian’s mom and I can say that with a smile, with tears, with all of the emotion that comes with that. I can’t do that if I did not respect the journey.”
Anderson, 26, was a musician, DJ, and King’s only child. In 2019, Ian escorted his mother on the red carpet of the Golden Globes where she took home the award for "Best Supporting Actress in a Motion Picture."
He toldE! News at the time, "She's just a super mom. She doesn't really let bad work days or anything come back and ruin the time that we have. It's really awesome to have a mother who I can enjoy spending time with."
Understanding that grief is shared by many others, King emphasizes the unique weight of her role as Ian's mother and acknowledges that the sadness will always be a part of her.
“Sometimes, a lot of guilt comes over me. When a parent loses a child, you still wonder, ‘What could I have done so that wouldn’t have happened?’ I know that I share this grief with everyone, but no one else is Ian’s mom, you know? Only me. So it’s mine. And the sadness will never go away. It will always be with me.”
If you or someone you know is considering suicide, please contact the National Suicide Prevention Lifeline at 1-800-273-TALK (8255), text "STRENGTH" to the Crisis Text Line at 741-741, or go to suicidepreventionlifeline.org.
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Featured image by Shannon Finney / Stringer/Getty Images