A screenshot of how mp3.com looked in 1998.<\/figcaption><\/figure>\nThere were record stores in most malls, and this was at the height of Best Buy’s strategy of using music as “loss leaders” in order to entice consumers with low CD prices and hope they also made big-ticket purchases. But I always liked to frequent the independent music sellers, given the greater chance that I would find something new, rare, or unexpected.<\/p>\n
There was a record store about a mile from campus, and in those early weeks I would walk there every Tuesday after my final class. (Also a nod to the olden days, new music was released on Tuesdays.) An average purchase was $30-40, as CDs were $13-14 and I could always find a couple good ones. I mean, I had a (text-only) Internet-connected PC in my dorm room, so discovering new bands during late-night, web-surfing was my new favorite pastime.<\/p>\n
The house of cards topples<\/h2>\n And then things caught up to me. As any Intro to Macroeconomics (a required class that I put off until my junior year) student can tell you, a deficit is the result when expenses exceed revenue. And that’s exactly where I found myself exactly 20 years ago this week:\u00a0My checking account showed a zero\u00a0balance.<\/p>\n
Luckily for me, this scenario played out prior to beginning my illustrious dalliance with credit cards. Good thing, too, as had I not experienced a complete lack of money at least briefly, I probably would have been even more carefree in my use of plastic.<\/p>\n
I awoke on Monday, Oct. 30, 1995 knowing that I was in uncharted financial waters. I was paid biweekly, and the past Friday had not been payday. That weekend I somehow was not scheduled to work and had gone out and partied it up for Halloween. My meal plan did not include Sunday dinner, and by the time I dragged myself out of bed the campus food service was closed. I spent my last $10 getting something from an off-campus restaurant.<\/p>\n
I had laundry to do, supplies to purchase for a class, and probably other expenses that were mounting quickly. Things had been tight for the previous few weeks, but I was always somehow able to stretch things out between paydays and still enjoy my weekly trips to the record store.<\/p>\n
When I realized my financial situation, it dawned on my that the\u00a0long-awaited Halloween release of “Temples of Boom” would not include me. I have long been a Cypress Hill fan,\u00a0their music somehow finding its way to me in early 1990s, small-town Wisconsin well before they hit the mainstream.<\/p>\n
I have always taken pride in identifying up-and-coming bands and musicians, and while my musical tastes had begun to drift away from hardcore rap and hip-hop when I entered college, I still had a place in my heart for the Hill. Not having enough cash in my pocket and checking account — combined — to purchase that album was quite the moment for young Eric.<\/p>\n
The aftermath and lessons learned<\/h2>\n I got paid that Friday, but because I was behind and there were many other financial obligations, I did not purchase that album. In fact, the trips to the record store became far less frequent. This may have been in part because the onset of November and December weather made the 2-mile round-trip walk less appealing, but also because I had learned a valuable lesson: Getting in over your head with money matters was not a feeling to which I wanted to become accustomed.<\/p>\n
Please know that this was not the most-dire financial situation I have ever faced. While I still have never experienced true, prolonged poverty or\u00a0— thanks in large part to working in restaurants for the better part of my late teens and early 20s — extended hunger, there were definitely some lean weeks, months, and even full years in which I was technically considered “poor.” Although due to the aforementioned credit-card use, I never considered myself in that light. But that’s another story about another lesson learned for another day.<\/p>\n
I never bought a copy of “Temples of Boom.” Whether this was intentional or accidental I do not know. But it definitely is symbolic. When I saw this morning on Facebook<\/a> that it was the 20th anniversary of the album’s release date, it immediately took me back to those feelings I had as a scared 18-year-old, facing the world for the first time.<\/p>\nBut I then realized how hard I have worked and how far I have come, grabbed my smartphone, fired up Spotify Premium, pulled up “Temples of Boom,” casted it to the TV via my Chromecast and enjoyed.<\/p>\n","protected":false},"excerpt":{"rendered":"
This is not a post I was proud to write, publish, and share with the world forever. But it’s something…<\/p>\n","protected":false},"author":2,"featured_media":674,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[],"acf":[],"yoast_head":"\n
How a hardcore rap album helped teach me about financial responsibility - Inside the Mind of Eric Kuznacic<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n