Omg 😂😂😂 I'm eating lunch in my car, I saw this & just about spit out my food! @honinginonhappiness
I had to share!
The only time I ever learned about anything close to finances was in middle school for a MESA program & that's because I was the accountant for a mock construction project 😐
Here's my #visionboard
for what we want after we're debt free! Sorry for the #longpost
1. Financial Freedom - I know what it's like growing up in run down trailors, the projects, relying on food banks, etc. I always knew I would do whatever it takes to make sure my future family doesnt have to know the struggle I knew growing up. Becoming a part of this #debtfreecommunity
is setting me up to go down the right path to achieve #financialfreedom
2. Volunteering full time - It is my dream to be able to #volunteer
as much as I want. I'm thankful now that my job provides me the opportunity to give back weekly in our community but one day I want to give all my time.
3. Adoption - While we currently have no kids we plan to #adopt
all of our future kids. It probably wont happen until our 30's. I was adopted as a teenager by my moms new husband & it changed my life. Someone who had no blood connection to me & didnt even know me until I was a preteen decided he would step up & be my dad. We cannot wait to step in for other children.
4. Cabin off grid - We live in Alaska where we have people all around living off grid. We cant wait to have some land with a cabin to retreat to. From time to time we browse online & then J tries to convince me we should buy land now 😐
5. Travel - J & I have explored around the lower 48 as well as Iceland, Germany, Italy & Ireland. We love traveling & finding good deals. We're excited to continue to explore the world together. Sorry this sounds so cheesy lol
A little late but here they are! •$2500 to debt - J started his touring job today & I'm not too sure how much he'll make but I'll aim for at least $2500! •Start 2nd job - I interviewed for a weeknight job in retail & it went great so hopefully I get the job & start soon! I worked retail for years & actually enjoy it. •Clean out closet & make some $$ - time to part with work clothes I either dont fit in or dont wear. • 15 No Spend Days - I've never tried the no spend days before, it's not that I spend often but I would prefer to intentionally not spend.
Do you guys count groceries/bills when doing no spend days??
**Updating Numbers** Recently J mentioned that the 4 debts in collections he has left are accruing interest... 10.5% to he exact 😐 he thought he told me but didnt. We also found out some of the balances are higher than he thought & left some little ones out so it looks like I'll be updating our numbers. I've been so busy/exhausted since I got back from vacation last week but I'll update them soon! Couldn't be on this journey without the awesome support from the #debtfreecommunity
EDIT: finally updated the #s
, I forgot to do it last week 🙄 thankfully the damage wasnt too bad & we're ready to knock everything out!
***May Totals*** I'll start by saying that I am super excited that we paid $1,285 & $850 was a snowball payment!!
Here are some reasons why the amount was so low this month (but were still proud):
1) J only worked half the month since we had vacation & he doesn't have PTO so that was 2 weeks of no pay. (His income goes entirely to debt while mine covers all the bills)
2) due to some issues with my sister we paid for 3 weeks of Montessori school for my niece which is not cheap & that took up the extra money saved for vacation.
3) before vacay I went rogue with buying food & unnecessary stuff for my little sister & blew through $357😤 I'm upset but you know what, it happens & I'm learning from my mistakes.
I was so scared to do the math but I am still blown away that after all that mess we still put this much towards debt!
J starts his touring job next week so I'm excited to see us plow through our debt this summer!
Btw we flew in last night from Iceland & I was up at 5am, went the gym & felt pretty good at work...until 11am & then I felt like a zombie all day🙃 I'm currently forcing myself to stay awake so I can get back to my regular schedule.
I'll update my bio #s
How did you guys do this month??
J & I are off to explore Ireland & Iceland for 2 weeks! Now I started my #debtfreejourney
in January but we booked our trip in November. We prepaid for everything & saved up spending money around that time as well so we have not had to cash flow anything for this trip. If we didnt already have this booked we wouldn't be going on vacation buuuut it's booked & were going to enjoy ourselves. I know everyone has different opinions on vacations but our journey is only about a year so we would've been ok with no vacation, if our journey was longer we probably would have mini vacations. Lately I've been thinking about how all that money could've gone to debt if we had started sooner but it's too late now. I'm so happy we're knocking out this debt so we can continue to travel 😊 last year we explored Germany & Italy, it was so amazing. Sorry if I've rambled a bit but I'm boarding & realized I forgot to let the #debtfreecommunity
know what I'm up to!
I was tagged by @babystep2inak
to show my debt in pictures so here it is.... here are our terrible, embarrassing pictures 😭
J has a handful of medical debt we will knock out soon. My jeep is surprisingly not the biggest debt. I'm so ashamed I(yes just I, J doesn't have anymore CC debt) racked up sooo much credit card debt!! I was the person who hated credit cards then in a year & a half I racked up almost $25k worth of CC debt. Thankfully J & I found the #debtfreecommunity
& are busting our butts to have this all paid off around the end of the year! I tag @paycheck2paycheck_inak
to post your debt in pictures!
$2,773 to debt!!! We were just shy of our goal of $3k buuuut that was kind of my fault. My old phone started to crap out bad. While I could've gotten another old phone I really did not want to, I wanted a good, new phone that would hold up for our upcoming vacay(planned & paid for pre dave). I am excited to share for the first time ever we paid cash up front for a phone!! I had some extra money for our vacation I knew we wouldn't need so I used that. I also got credit for trading in my Samsung Galaxy S6 for the S9+!!After the transaction my old phone wouldn't turn on 😂😂 the guy said 'well we already bought it from you so you're good'. This new phone is amazinggggg! After getting a case, charger, travel charger & phone it came out to $900. Now I know that could've gone towards debt but personally when I'm ready for a new phone I get one. I'm that person that keeps their phone for until it craps out, I upgrade when I actually need to.
My bio #s
are updated & omg I hate interest 😠 We paid almost $2800 to debt but only knocked out $2k of debt 😤 Also our debt technically went up on my jeep. When I refinanced it went from $13,5ish to $14k so that kinda threw it off a bit too.
Well mini fail... I normally keep a small buffer in J's acct as he gets direct deposit then I take it out so there's not much activity where as my acct has a $50 buffer. Well I forgot to update hulu to charge my acct not his & he texted me this morning to say it was OD😒 my bad! It also reminded me to turn on low balance alerts on to text my phone.
Anyone else have little fails that were easily preventable?
Good news! J actually decided to take a full on look at it...which I guess he didn't do before.... turns out it was a brake issue. I also needed work on my steering stabilizer(lift & big tires throw it off) & my back driver door wouldn't open all the way. I was freaking out that we may need to use all of our emergency/back up fund but J did all the work with some assistance from my brother. $200 in parts, $30 in labor to my brother & now shes all fixed up & running real nice again 😊😊😊
Guys... guys.. I'm so freakin excited right now. In a previous post I mentioned that my jeep rate was insane, it was my first car loan & I had no idea what I was doing or to shop for rates. I got the jeep last minute (4dr wrangler for under 20k was a big deal to me), I bank with USAA & just assumed they had the best rate. I ended up with 13.84% on a $15k loan which I didn't know was bad until my brother got his jeep loan $30k for 4% even though we both had hardly any credit history & decent scores. Well I've had it a year & just refinanced with a local credit union. Since I got this jeep, last April, I've accrued allll that CC debt, my score dropped but I still got a 4.79% rate 🤩 my payment also dropped $56 so I'll just throw that to my snowball. So yay! Next I'm going against Dave & applying for some 0% interest CC for balance transfers but its ok we should have all debt paid off around December & I just can't keep paying all this interest.
The last week my wrangler started making some bad noises when I had it in reverse. We're dropping her off tomorrow & I'm happy were at least semi prepared. In the past I would've freaked out but we have an emergency fund & a car maintenance fund(only a few hundred) so that takes a lot of the stress out. Pray for my girl please! I'm hoping they can find what's wrong, fix it & it *not* cost a lot of $$$
*EDIT* J thinks it might not be as a serious problem so him & his friend will look at this weekend & if they can't fix it we'll take it in next week.
It's payday so you know what that means!
Do you guys prefer cash envelopes or debit cards?
J likes cash so I stuff his envelopes weekly for his gas/food/fun.
I like debit so I literally have like 10 checking accounts & several debit cards labeled as gas/food/fun. @paycheck2paycheck_inak
is actually the one who showed me how she used multiple accounts/cards & that system just works best for me, I love it so much.
*April Goals* • J miiiight get to travel for work this month(crossing our fingers) so if he can we can definitely hit this, if not it'll be tight but I think we can get it. •Our pre Dave trip is in May so I gotta keep up with the gym for sure!
•I had a 2nd job this winter but ended up doing something I hated & the schedule didn't work so this time I'm going to aim for retail. I've almost always had a 2nd job in retail so I should just stick with what I know.
Sorry my work lighting suckssss. I promise these were clean before I wore them lol
I would love to say that the universe seems to be helping me out but I know my mom, @slavetothelenderinalaska
would smack me & say it's God sooo thank ya sweet baby Jesus for the awesome, free work shoes!! I've been keeping on my budget, selling things & working hard to pay off debt & got blessed with these shoes! There's an older woman who works down the hall from me & wears her Sunday best everyday like she is always on point , she asked what size shoe I was & said she had some shoes for me. I don't know shoes well but these are Paul Green & retail for over $200 at Nordstrom! I told her I could pay her or do something to earn them but she just said "no, no they look wonderful on you so just enjoy them". She must be on baby step 7 cause I asked around & she is known to donate lots of work clothes to programs around town as well as people at work. I can't wait to give more than just 10% & I am so grateful for these beautiful, freeeee shoes!
Anyone feel like the universe is rewarding you while on this journey?? #debtfreecommunity #debtfreejourney
makes a post about you 🤗
I made a post awhile ago mentioning J,my husband, jumped on board, well before this journey things were definitely not going well. I knew he was bad with money so to protect myself I always kept our finances separate(3 yrs) which set us up to fail. Like any marriage there's issues but finances seems to take the cake. We were constantly arguing about how J, the free spirit, blows too much then I turn around & get myself in almost $40k of debt! Like all my debt, none was his. Meanwhile our whole marriage I was mad he had about $16k in collections.. so when he found out I was $40k deep things didn't go well. Conrad was 100% correct when he said "roommates", after our lease was up this summer we were going to spilt up, we had been "broken up" for several months when I got into this journey. I talked to J & said even though we're splitting up I wanted us to help each other get our finances straight. Not too long afterwards everything has seemed to fall into place, like I don't understand how but it just has. We have paid off 29% of our debt since January, we're happier, working on ourselves & I am so ridiculously thankful for the #debtfreecommunity
you guys are so amazing & supportive! #beweird
*How My Financial Journey Started*
I've seen a few people post these so I figured I'd share mine😊
I was so against credit cards but for some reason 1.5 yr ago I decided it would be good if I got one, you know to be a real adult lol. I racked up a lot of debt over last year, got a car loan and I was expecting a nice pay raise to help cover what I racked up.. well what do you know I didn't get it. I transferred depts & got a $0.30 raise 😐 I had gotten a second job and man I quickly realized if I hadn't gotten that second job I would be really struggled to pay all my bills. When I realized how close I cut it i freaked out. I didn't know what I was gonna do. I was just scrolling through my explore page when I saw a hilarious meme on @conrad_inspire
page. Something just clicked in my head while looked at his page then I explored others & I realized what I needed to do. At that point my husband & I didnt like each other too much, finances were a huge issue & we had separate finances. He saw what I was doing in January & February then decided to jump on board. 3 months into the year & we've paid 29% of our debt & have become so much happier. Thank you @daveramsey
for making us weird!
I tag @thealaskanbudgeter @slavetothelenderinalaska @babystepsinalaska
to share their stories if they'd like😊
I need some advice from you awesome people!
I need to lower some interest rates asap! Also I'm so grateful to be a part of this community, it's really allowed me to be open, honest & well vulnerable. I don't like to talk to people in real life about my rates or #s
so thanks for listening guys😊
I have about $13,500 left on my jeep with 13.84% interest 😖
I also have 3 credit cards equaling $14k with 24-26% interest... I've only had credit/debt for a year & a half which is part of the reason the interest rates are soooo high. *question*
Should I refinance my jeep or try to get a(few?) Credit cards with 0% for balance transfers?
I'm not sure if I could do both so if you had to do one which would you do?? All our debt should be paid off in about 12-15 months btw.
March totals are in & I'm so excited!!!!! $6,028.85 to debt this month!!!!! Now our debt owed dropped more than that because J(husband) has all his debt in collections so they offered him a deal. With this specific bank he owed $5137 on a car that was repossessed & $1156 on a CC. They offered to take $2715 instead of the total $6293. We had about $3500 in a car fund for J but decided to pull most of this out to pay it. He doesn't neeeeed a car but probably will in the next year as he drives a dinky beater. So to recap we put over $6k to debt in one month but the last 3 years could never save more than $1k in a single month 🙃 thank you @daveramsey
helping us be weird😁
*Edit: Bio numbers are updated*
A productive Sunday! Cleaned alot, cut up credit cards & posted clothes for sale on Let go😊 I don't have Facebook & don't wanna post on Craigslist so hopefully I'll have some luck on Let go!
Whoooo! Husbands $1400 + $155 extra I put towards debt moves our date from August 2020 to July 2020! Now come summer he makes $$$ so we're estimating our debt free date to be around May 2019. I'll know once those summer checks roll in.
Also I list our snowball date as starting in March since he jumped on board & we combined our finances recently vs when I started alone in January.
P.s. thanks @easy_budget
for making this awesome debt snowball calculator!
Happy Friday!!! Took the husbands big check & paid $633.15 to our fred Meyer CC which pays it off 🎆 and an extra $800 to the Capitol 1 CC!
February totals are in! $2,380!! I'm pretty happy about this amount. I had some extra travel money saved for small trips then realized i didnt need to make those weekend trips to the lower 48 & tossed a good chunk at this. The min payments are $1,038 so $1,342 snowballed!
I know our total paid is $7,291 , somehow my husband paid $2,053 over the past few months but I had no clue! That's also why my start date says 1.1.18ish, that's the rough starting date for us.
This is what living beyond your means looks like. It’s what credit card debt looks like. It’s what “I need that right now” looks like, when you don’t need it, you want it. I have been thinking I need to have things to feel better about myself, to feel successful, and to feel like I am something because of all the crap I have in my closet that’s just sitting there. I don’t need any of this stuff that I bought. I need a future where I don’t have to work hard forever, and I can create and enjoy new memories with peace of mind. I live with someone who has an incredibly healthy relationship with money and is a great saver. We are planning our future together and the older we get the more I am realizing my relationship with money is extremely unhealthy and downright childish. I am going to step way out of my comfort zone and get rid of things I don’t need and don’t better me as a person. I recently had to give up my membership to CrossFit (and tons of other monthly expenses) and it is KILLING me because I have worked so hard to build my body up, but temporary sacrifices WILL yield permanent results for my future. I am not only going to work hard to pay off my credit cards but I am going to work hard to get my savings built up and get my membership to Crossfit restarted because it is a huge part of my life and a positive force for me which will only help me state focused. I think being a member of a CrossFit gym is what actually helped to push me to confront one of my biggest “secrets” and take control. Its time and I’m ready to work and thanks to @daveramsey
and his tools, I plan to do just that. #mytotalmoneymakeover #daveramseybabysteps #juststarting #plasicsurgery #crossfitforthemind
Yesterday I bought Dave Ramsey's book, "The Total Money Makeover", and within 24 hours of reading the first four chapters I've paid off one credit card and will have another credit card paid off by the end of next week. While it's never fun watching hard-earned money leave a bank account, being able to take two paper clips (signifying a bill due) off my day planner permanently is the best feeling ever 🍾💃🏼🎉 this book is a life-changer!