I had a fantastic Shabbat. Brunch at a really cool place w/ friends. Blogging. Blew off a jog for nice long nap.
Then, woke up and went to town on the junk food. And started hitting the Atraf. Had to ask myself: was something up?
God bless being in touch w/ yourself. B/c I got an answer very quickly. During brunch I had three separate conversations about money; all were very helpful. In one of them, I learned that someone with a marketing job (I know I could do also very well) is making 3,000 more scheckels/month more than me ($731). He also offered the opinion that I could be making double the salary I am making now. Now, let’s be clear: to make that $$$, I’d have to be marketing an electronic gambling website; pretty vapid stuff when compared to the important nonprofit work I am doing. (As stated previously, I cannot discuss the particulars of my job, as much as I’d like to. But just know that it is in the nonprofit field, and it’s a very, very worthy cause.) When I think about what would make me happier: having enough money to eat, pay rent, do some some fun things AND do really meaningful work vs. have extra money to play with AND work that means nothing to me, I easily choose the former.
In the next conversation, I learned something great: I can open a sub-account at my bank, linked to my main account, for dollars only. This is great, b/c I plan on moving money over often from accounts in the U.S., and this way I’ll pay much less in fees and commissions.
And in the third conversation, I learned that even if I make all my income from an Israeli employer in Israel (paid in scheckels), I still have to file my taxes in the USA every year, even it’s just to be eligible for stimulus checks and social security. Plus, I am exempt for the first $70K of income I make outside the U.S.
But what I realized later was – as helpful as all that information is to me, it was upsetting me, too. The first conversation, I’ve already talked about and resolved. I’m happy making a little less money because of the nature of the work I get to do. As long as I have enough for what I need, and I do. The second conversation upset me b/c – I am afraid about having to go to the big bad Israeli Bank and ask the questions I need to ask now about this dollar sub-account (Is there a minimum balance required? Is there a fee to wire money from my U.S. checking account into it? What about a fee to transfer money from the dollar sub-account into my main Israeli account? Can I view the dollar sub-account online, the way I can the primary account? If I transfer money from the dollar sub-account into the primary one online, can I avoid paying fees?) Now, I know I can ask and get the anwers to these questions. I know I can do it. I can show up at the bank, find a representative who speaks good enough English, ask the questions and get the answers. Get the facts and make some decisions. But it’s just fears about doing it, normal and natural. Fear that I won’t get what I want.
As for the last conversation, it’s more fear, and it involves me projecting way into the future. I already told you I’m not making a fortune here, so it’s not like I’m going to have a complicated tax return and need to hire a staff of accountants to help me manage my money. The fear comes from not staying in the NOW…thinking lots of *yeah, but what if…?* type questions.
All of this will be fine. I believe I always have been and always will be taken care of by a Higher Power. But it was a lot of information to receive at once, and it was a little too much for me to handle comfortably. So, I slept, ate and surfed. Pretty harmless, if I think about it.
3 Comments so far
Leave a comment