Thursday, March 31, 2011

Ode to my wife

I have been married to Emily for two years and 9 months. She has the patience and tolerance of various biblical figures combined. She finished school while taking care of our son while he grew from 6 months to 1 year old, all the while managing a household. She received little help from me during her last semester and the following 4 months while I studied for the GMAT. During the next year or so I am searching through jobs and finding a way to work for a smaller company than the massive machine that is Fidelity Investments. Once I do find a place with Lendio.com, we get comfortable with our life I bring up the idea of adding to our family. We both wanted our "2" children to be somewhat close in age. So while I am working on applications for business school which means that business school is about a year away, we bring on the challenge of another child. We find out Emily is pregnant in November and have our first appoint with the OB/GYN on January 6th, 2011. Turns out our perfect family of 4 is going to be 5. Emily had known this for the past month, due to her sickness and nausea being abnormally bad. I expected she was right, but guessing is a big difference from knowing. Twins is a huge shock, and  Emily has managed to maintain not just her sanity, but she still has the smile on her face.

When you think about what your dream spouse or significant other will be you usually have a few things in mind.
I knew that I wanted a gorgeous wife, which may sound wrong but it is honest. - Check (actually lets go with double check)
Athletic - Check
Kind - Check
Smart - Check (Not sure if I wanted someone smarter than me, but I got it)

After that my list goes pretty fuzzy. So I got everything I wanted in a spouse with Emily. And we have been married for nearly three years and I have noticed some characteristics that I did not plan for but love!

Her patience
Her faith
Her loyalty
Her principles
Her steadiness
Her honesty
Her frugality
Her competitiveness (not many people get to see that one)
Her style
Her wit
Her writing (such an amazing and useful skill)
Her sense of humor

There is much more that I could add to this list, but it still would not reflect all of Emily's great attributes. My future shows a lot of instability and chaos between the known items like having twins and a toddler, moving to MA, starting a two year MBA program. I am very thankful of Emily as my constant that I can hold on to during the rip-current of life.

Wednesday, March 30, 2011

Numbers

I have always been one to calculate things out. I attempt to save money on my subscription services by calling customer support.  Once off the line I calculate how much I saved, divided by the time spent, just to know how much I saved per minute. I have calculated how much I make per minute at every job I have had, all of which pale in comparison to working with my father in our family lawn-care business. So in considering all of my options for business school, I of course built out an excel spreadsheet.
Like every model built in all of my economics courses, it is based on some theoretical information. No one knows the future, so you do your best to estimate some numbers based on past results. But let's start going over some of the numbers I have been dealing with.

1 - Number of children I currently have
2 - Number of cars I will be transporting to MA
3 - Number of children I will have come July
5 - Size of my family that will be moving to MA
11 - Stress level on a scale of 1-10 I have been experiencing in this process
21 - Months that I will be studying at Babson College
2388 - Miles between my home in SLC and Babson College
$27,000 - Roughly the cost difference for year between two universities I considered
$30,000 - The amount of money per year of my Presidential Scholarship to Babson College 2 year MBA program
$xx,xxx - Salary per year I will be giving up to attend Babson
$77,865.00 - Amount I will likely borrow on student loans, each year for two years
$????? - Amount of government assistance I hope to have while living in MA
$167,952.28- Theoretical amount I believe I will owe, all in all, once I finish school
9585.5 - Number of days I have been alive
$17.52 - dollars per day this equates out to for every day I have been alive
$$$$Larger Number - Opportunity cost of the degree
7.31 - Number of years I expect it will take me to break even on this investment including opportunity cost
36 - Age I expect I will be once I hit my theoretical break even point
1 - to represent my supportive spouse, who stands by me after all these numbers

In my past I have been considered a bit of a gambler. Before I was married I had been to Vegas a couple times, Wendover a few times, and I played with stocks quite regularly. But since having my first child, I have not really left much to chance. Some of the numbers I posted above scare me a lot! I have spent the last few weeks freaking out about that entire list. One thing that I keep reminding myself is to try to balance the fear with some excitement. Although this will be the biggest bet I have ever placed, this time instead of it being on Black, or doubling down on 11 or even clicking a mouse and hoping for XYZ to move 5 points, this time the thing I am betting on is myself. I have some control of the outcome here, and I am going to bust my ass to make sure that every penny pays off.

Tuesday, March 29, 2011

First Blog Post

So I am new to writing on a blog. I have been able to watch my wife, Emily, write on her blog for the past two years. She is a much better writer than I am and you should definitely check her blog out. My blog will be similar in that it will mention some of my family life, and different in it is from the perspective of a father, who does not get to spend as much time with the children. And I will probably go on about business school, what I have been learning, what I hope to do when I leave and trying to balance all the moving pieces that are my life.

Current Situation:

Working with a great company called Lendio Inc. You can check us out at www.lendio.com
I have been accepted to a great MBA program at Babson College with a Presidential Scholarship
Freaking out about living on loans and struggling to survive for the next two years without any salary -- contemplating finding work part-time or weekend while living in the suburbs of Boston
I have an amazing and supportive wife named Emily. She is pretty much the reason I can to whatever it is that I do
I have the most awesome son named Lincoln. He is brilliant and fun and great! I am most excited to see him develop so much every day
Emily, my wife, is pregnant with Twins. A girl and a boy. We are both very excited and cannot wait till July (their due date)
I am searching for some place to live that will not send us straight to the poorhouse anywhere within 15 miles of Wellesley, MA
I would love to find any low-income, subsidized housing that I could qualify for that is within 15 miles of Wellesley, MA

Future Situation:
Moving a family of 5 to Massachusetts
Launching at least one business in the next two years, more likely looking at launching two
I am very interested in green technology and energy. It is obvious to everyone there is a lot of potential in this area
I am also still interested in launching a technology company
I am interested in improving existing business and think that one option for a future career, besides entrepreneurship, could be working in a smaller M&A shop.