Only $25 and a gym bag

by Bob on February 23, 2008

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j0434031 Could you build a life with nothing but $25?

I found an interesting article about a young college grad who decided to try an interesting social experiment: starting over with nothing.

Adam Shepard left his comfortable existence to see if the “American Dream” was a reality. His goal was to go from owning nothing but $25 and a gym bag to having a furnished apartment, a car, and $2,500 in savings within a year.

He lived in homeless shelters and looked for jobs without using his background experience as an aid.

After 10 months he had moved into an apartment, bought a pickup truck, and had saved close to $5,000.

You can read more about Adam’s story here.

What I love so much about this story is…

  1. that it is evidence that people can turn their lives around. We are not stuck in our circumstances.
  2. We can survive and even (dare I say) enjoy life on a whole lot less than we have now. Check out this quote from Adam about the experience…

Becoming a mover and living in a homeless shelter – that hadn’t been part of your life before. How much did your lifestyle actually change?

Shepard: It changed dramatically. There were simple luxuries that I didn’t afford myself. I had to make sacrifices to achieve the goals that I set out. One of those was eating out. I didn’t have a cellphone. Especially in this day and age, that was a dramatic change for me…. I was getting by on chicken and Rice-A-Roni dinner and was happy. That’s what I learned … we lived [simply], but still we were happy.

These are a few other interesting articles I found this week…

25 Questions to Think About Before Your Next Job Interview via The Simple Dollar

Discerning God’s Will via beingfrugal.net

How to Handle a Door-to-Door Salesman via Get Rich Slowly

Outwardly Simple and Inwardly Rich via Millionaire Mommy Next Door

How to get a great deal on a new car via Gather Little by Little

IRS Tax Deductions – 7 You CAN’T Take via Debt Free

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FTC Disclosure of Material Connection: Some of the links in the post above may be affiliate links. This means if you click on the link and purchase the item, we will receive an affiliate commission. Regardless, we only recommend products or services we use personally and/or believe will add value to readers. Read more here.


{ 5 comments… read them below or add one }

Minimum Wage February 23, 2008 at 11:38 pm

Sure, it’s possible if you’re young and healthy and can work as a mover.

Reply

bob February 24, 2008 at 1:47 pm

@minimum
It does help that he was young and healthy – but what I got out of the story was that if you want it bad enough, you can make it happen…

Reply

Lynnae @ Being Frugal.net February 24, 2008 at 9:45 pm

That’s a great story! Very inspiring!

Thanks for the mention!

Reply

Money Blue Book February 25, 2008 at 1:52 pm

The reason these days why very low income individuals and families can’t rise out of their situation is not due to poverty alone – it’s the ills that frequently go along with it, such as drug addiction. As someone who has worked in the Baltimore City courthouses, I can tell you that drug abuse kills and devastates families. It’s a huge financial drain that sucks the addict in almost permanently.
-Raymond

Reply

Dividends4Life February 25, 2008 at 7:37 pm

That was an interesting post. Thanks for sharing it.

Best Wishes,
D4L

Reply

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