Welcome to Six Questions! It is a new feature where we’ll ask different people from various walks of life the same six questions. I expect that each person will bring something unique to a standard set of questions. Today’s guest is Ian Punnett. I’ll let Ian introduce himself momentarily.
As you read through this Six Questions interview and all the previous interviews, I hope your thinking is sparked. That as you hear new and different perspectives you will be prodded to think about your own relationship to money. The views of our guest do not necessarily reflect the views of Pocket Your Dollars.com or its staff, but are a springboard for thought and respectful discussion.
If you’d like to be featured in a Six Questions column, email me to express interest.
Now to Ian…
Introduce yourself in 75 words or less
Gelastic husband/father/writer of How to Pray When You’re Pissed at God. I am also on the cusp of being a few former things and becoming a few someday things. I am a former local/national radio personality (myTalk107.1/Twin Cities, Coast to Coast AM), former deacon of St. Clement’s Episcopal Church. I will be a Ph.D candidate at Cronkite School of Journalism and Mass Communication and a resident of Phoenix as of August.
What money issue are you dealing with in your life right now
For the first time since I was a teenager, I have not been working full-time. The onset of a chronic, sleep-depriving headache and 24/7, intrusive tinnitus truncated my life in professional audio. My wife, Margery, and I first re-imagined our finances to anticipate and then to accommodate the loss of my successful career-as-I-knew-it and 2/3 of our household income. With two boys in college and not returning home, the timing was right to sell our picture-perfect home and downsize. We have lived frugally and invested well, but it will still be a challenging bottleneck to get through having one woman working and the rest of us getting degrees at the same time.
One thing you learned about money while growing up that has stuck with you into adulthood
I learned early to be a good saver and to appreciate the unique joys of delayed gratification. I also learned early “Buy it once, buy it right,” that sometimes the cheapest option is not the best one if it means having to buy that product or service all over again a year from now. I try not to be extravagant but I always buy quality.
One thing you didn’t learn at home about money, but wish you had
When I was 15 my parents told me that if were to go to college, I’d have to pay for it myself. I got scholarships, some loans and emancipated at an early age but still I received no proper education on managing higher college finances, a growing media career or both. I got a little careless with college loans and credit before learning to rein that in.
Name your favorite money tool, resource or book?
My wife. ‘nough said. (Carrie here: Best answer I’ve heard for this question so far!)
What’s one piece of money advice you wish every American would follow?
Gone are the days when people could count on longevity in any career. In a manner of speaking, everybody is in show business now. Have a five year plan. Make the most of every day but keep one eye down the road because the future is coming.
It’s Carrie again wondering how you can relate to these six answers to our six questions.