As I indicated at the end of my last journal entry, I left Serenity Valley for the winter (rest assured, dear readers, my hut in the woods adventures will resume in a few months). The reason for leaving was almost entirely financial — I’d simply run out of cash… and credit. Without cash, I couldn’t prepare my hut for yet colder and wetter climates. Without cash, I’d have to choose between paying this month’s payment on the (small) loan I took out to buy the land, or health insurance. Not to mention, you know, car payments, food, gas, cell phone, and all those other recurring expenditures.
Yes, the reality is, even though I “lived” in the woods in a $600 hut, I was still not completely free. I still had shackles in the form of bills1
So, I came out of the woods, and headed back to Silicon Valley to start a short-term consulting gig I had waiting for me. The gig is part time, and I can work from pretty much anywhere, so in theory, I don’t have to “live” in Silicon Valley. But I want to. I lived here for 4 years before I moved away, and the roots I established during those years still remain here. I have friends here. My shooting club is here, as are shooting ranges. And, besides, if I’m working in tech again, it makes sense to be here. Oh, and it’s nice and warm here too 🙂
But there’s one problem. Having built a $600 hut in the woods, I’m having a hard time justifying paying for an apartment or room. For those of you not familiar with the area, a 1 bedroom apartment starts at around $1000 here. If I share a place, I might pay $600 instead. Per month. That’s a new hut I could be building every month.
I recently did some calculations, and realized that I’d paid somewhere in the neighborhood of $50,000 in rent during the 4 years I lived here. Some people will argue that that’s why it makes sense to buy a house. Sure, if you considered money to be the most important resource, then buying would likely save you a ton of money. But to me, money isn’t the most important resource; time is. And buying even a cheap condo in the area means taking out a huge mortgage, that would take 15, 20, 30 years to pay off. That’s 15, 20, 30 years of financial obligations. That, to me, sounds like a 15, 20, 30 year prison sentence. I’m not going to prison, just to put a roof over my head2.
So, I’m trying to find the equivalence of my $600 hut in this (sub)urban forest. I even considered buying land out here and, yes, building an actual hut. But that’s simply not feasible. Land around here is scarce and insanely expensive, and, not to mention, I’m pretty sure I’d have city inspectors swarming me the instant I erected a single two-by-four without a permit.
Rather, the same way my hut was an exercise in minimalism, I’m trying to apply the same idea here. That process starts by asking the question, “What do I need?” For starters, I need a place to sleep. I have that covered right now, since my “employer” has graciously offered to look the other way if he were to find me sleeping at the office. Then, what else do I need? I need to bathe, occasionally. Here’s a dirty (literally) little secret: I can go for days without showering before anyone notices. Last night I borrowed a friend’s shower. Perhaps I can keep rotating between various friends’ showers… Or maybe I’ll get a gym membership, to use the showers. What else do I need? I could use a kitchen, so that I don’t waste money eating out. Well, except, maybe I could live off of sandwiches, and eat out occasionally if I wanted a warm meal. Sandwiches don’t require a kitchen to make, and are cheap.
So I have all of the above covered, without paying rent. But there’s one thing missing: it’s that sense of home you get from having your own place. Partially, it’s about privacy. Partially, it’s about freedom. And partially, it’s purely psychological. Whatever it is, it’s somewhat unsettling to not have that. On the other hand, I’ve been practically homeless for the last 3 months, except for when I was living in my hut, and I’ve become accustomed to that feeling. At least, accustomed enough that I wonder if it’s worth paying hundreds of dollars a month to make it go away.
There are also smaller inconveniences. For instance, I went to the range yesterday, and then didn’t have anywhere I could go afterwards to clean my rifle. I probably could’ve done that at the office, especially since there’s nobody there, but there’s a bit of a resistance to bringing an AR-15 to a place of work. Along similar lines, I’ll eventually need a place to setup my reloading equipment. One of the last things I did before moving out of my apartment back in April was to load as much ammo as I could. Nikki and I loaded something like 700 rounds, in between packing up the apartment and hauling things to the storage unit, but now that I’m shooting again, I’ll probably go through that in a month or two. But I don’t need an apartment to clean a rifle or reload. Maybe I could rent a storage unit and setup my reloading bench in there — if I ignore that clause about no hazardous materials…
In any case, I’m still at that stage where I’m looking at various options, and weighing the pros and cons. I’ll keep y’all posted on how things pan out…
- I should note that my total combined (non-cash) financial assets are still greater than my obligations. In other words, if I liquidated my non-cash assets, I could pay off all my debt, and thus “buy” my freedom.
- Comparing a mortgage to prison might be a little harsh, since you can get out of mortgages, either by selling your house, or by simply foreclosing. But I imagine there’s a huge mental barrier for that, and I’d rather not build a prison in my head either.