I'm credit card debt free and it feels so good! 💃🏼💃🏼💃🏼 $10,200 in debt now GONE!
I officially started this journey in April of 2018 and at that time my finances felt so overwhelming. I knew where my money was going, but my income was low which made it difficult to pay more than minimum payments. .
I worked HARD to raise my income and in October of 2018 I was finally awarded the raise I had worked literally years for. Since then I have been not just paying down my credit cards but also saving for my maternity leave.🤰🏼 .
✔Chase - $950 - frivolous spending
✔WalMart - $960 - Laptop and groceries while student teaching
✔Lowes - $1600 - appliances
✔Capital One Silver - $3040 - Student teaching living expenses
✔Capital One Blue - $3650 - Student teaching expenses, wedding, honeymoon
✔Plus $3000 saved for my maternity leave
My monthly income is now $342 higher than it used to be by eliminating these minimum payments 👌
We still have a LONG way to go to be completely debt free but I am celebrating this win today! I'm proud of myself for accomplishing this much! 😭😍 #debtfreejourney#debtfreecommunity#debtfreeteacher
2,40510021 hours ago
Ummm ok I might need this! Who else has a huge jar of change sitting around? 🙋🏼♀️ I started mine about 2-3 years ago. I thought I would use it for an extra vacation but now I’m not 💯 sure 🤔
Update: I found the trays on Amazon! Search “coin sorter trays”. It’s about $15 for the set. I think if I find it under $10 I’ll buy it...
3,9512783 March, 2019
Over the past 12 hours, I've been waiting for my insurance company to autodraft my monthly payment. Things got thrown off because the payment date was on the weekend. Plus, I’m 13 hours ahead of EST.
When I got the "External Withdrawal Notice" from @capitalone a few hours ago, the weight lifted off my shoulders. I'm literally super excited to see payments clear. It brings me closer to my goals. My, how things have changed since the beginning of my journey! There's such a mindset shift, a maturation.
Can you relate? How have you changed since the beginning of your journey?
BTW, I’m not saying everyone that’s new to the journey is like the person on the left. The graphic is mostly autobiographical.
2,64813119 February, 2019
I write this with about 5% sarcasm and 95%determination. Apart of me looks at this number and rolls my eyes because really?! Another part of me is like only 85% to go. 💪🏿 I've decided we are going to be millionaires and I'm not playing around with the idea. We want to set ourselves up to live a financially independent lifestyle when we are around 50 to 55. 🌈
I asked the hubs what kinda job would he like after this military life and his response was "High School Basketball Coach." I say to him then that's what you're gonna do! 🏀
Have you calculated your Networth get? If not what are you waiting for? Try it!
Every paycheck ever 😫😫😫 type 🙋🏻♀️ if you agree 😂😂😂
1,0287619 March, 2019
OUR FAMILY IS DEBT FREEE!... 🎊🎉💞🤗 🤩
I can’t tell you how good it feels to make this post. This is our 2nd round on this Debt Free Journey and decidedly our last. We started this journey right after our first was born and I knew that I would not be heading backing to work. I read the Total Money Makeover and decided it was important for us to make sacrifices so that our children could have the kind of head start on life we didn’t.
Immediately after our first 58k was paid off we unfortunately jumped into new car debt. Again we started to plug away at debt, sometimes slowing down and sometimes stopping but once we got serious again we knew we could tackle the rest. We always kept God and his promises at the forefront of our process and we never stopped tithing. There is not a more humbling, self aware journey to take than that of becoming Debt Free. I am soo glad we did it!
Our board says 100k but upon further inspection I found that it was 105K in debt but who’s counting lol. Our next step …EVERY DAY MILLIONAIRES! @DaveRamsey@ChrisHogan@RachelCruze
Proud mom moment here. 🙌🏽 I am so very new to the #debtfreejourney but I have basically buried myself in it. My youngest daughter, age 22, still lives at home and is still in school plus works of course. She came to me this morning after church and said, “ Mommy, I just wrote out my budget for this pay period and wanted to see if I could get a few of your cash envelopes to use. I NEED to stop swiping my debit card all the time and going flat broke between pay periods with nothing to show for it.” 😭 Y’all... this is so major because she has ALWAYS been the senseless spender and had the mindset of, “ Money is made to spend and enjoy, so if I want it, I’m getting it.” I pray that we both continue to learn and grow together on this journey that I had no clue that she was interested in or paying attention to. 😍 #theypayattention#debtfreejourney#debtfreecommunity#debtfreegoals#cashenvelopes
003 minutes ago
There are 2 kind of debts, Good debt & Bad debt the only difference in how rich people use it, is they build up assets and have the assets pay for their debt instead of buying liabilities like most Americans do and being in debt for the rest of their lives. Build all your assets first!!
Do you agree is this the best way to pay off debts? 💸
..and I paid it in full!
I switched car insurance companies last October and went from paying $750 to $350 for a 6 month policy. In February, I hit a deer and fully expected my rates to go up (even though they are legally not supposed to in a no-fault accident). •••
To my surprise, my rate actually went DOWN ( only by $2, but still!) I have a car maintenance fund that I also use for car insurance and I had enough to pay this bill, in cash, one month early!
Woke up this beautiful Sunday morning with a prayer on my lips and a song in my heart.....
I got so much done yesterday, and hope to conquer the rest today....
Big plans coming for April, as far as finishing my purge and finessing my budget!!!
My pay increase should be on my 4/15/19 paycheck and $150 will be going on my Capital One card, which will just about pay it off.....
Then I can start on Chase, which has a $700 balance...will be throwing $175 a month at it, and hopefully it will be paid off in August.....after that I’m eyeballing you Credit One #2 (yeah, stupid me has two accounts with Credit One, but I’m closing the little one as soon as it’s paid off).....
Aiming to pay off at least four cards by the New Year!!
Goals, aiming hard for them goals 💪👍 #debtfreecommunity #debtfreejourney #debtfreegoals #debtsnowball #purgingclutter #goals
4038 minutes ago
Our first goal in our debt free journey is our wedding 👰🏼 🎩 While it isn’t accruing interest now, it will in January of 2020 and the interest rate will be HIGH! .
In the interim, all of our other debt (which includes 2 vehicle loans 🚗 🚙 and student loans 👩🏼🎓👨🏼🎓 - currently not including our mortgage 🏡 ) will continue to get paid their regular amount with all excess funds going towards the wedding (which is currently $13k). The average interest rate for all of those is between 4-5%. .
Our second goal once the wedding is paid off is to tackle our larger vehicle loan 🚗 which currently has a balance of $21,100. We would love to have this paid off by the end of the year or shortly thereafter. 📆 #thebudgetlab
8156 minutes ago
Who can’t live without their morning coffee? 🙋🏻♀️ •
I got ahold of this turquoise @keurig on my favourite buy and sell site, @varagesale. It was $80, barely used and met my dreams of a turquoise kitchen. 👩🏻🍳 •
I’m not a fan of the single serve pods for the machine. Not only are they wasteful and bad for the environment, they’re not budget friendly. Even on sale, these little pods are pricey. •
The solution? Invest in reusable pods! They eliminate the waste and the need to buy the single serve cups. Just fill the pods up with your regular out of the bag coffee, and ta-da you have your morning cup of joe! My partner found ours at @loblawson. They were $14.00 for a pack of four. I also love that my Keurig is one that can brew a regular pot of coffee. •
I thought I’d check my credit score on this Sunday morning. I have paid off some of my student loans and I didn’t know how much these closed accounts would impact my score. The answer: my score wasn’t lowered when they closed. ⠀
We use credit well so I think that probably balanced it out. Chris has a credit card used specifically for work stuff that he added me to. And we have our regular Marriott card on which we charge .. everything. We pay it all off at the end of the month! ⠀
We have a lot of debt between our mortgage, car loan and student loans. But between paying on time and never carrying a credit card balance, we’re pretty happy with these credit scores. ⠀ ⠀
I know what you must be thinking... But, my work brought us down this way and Brads parents happened to be renting a house at the same time, so why not spend quality time with them for a few days? It was amazing, low key & so what we needed. ❤️ If I was working a corporate job I can’t help but think I’d pretty much be out of “vacation time” by now or would have had to say no to extending out trip to be with them.
Next stop, a cruise with our teammates, an entire boat of people who also do what we do, and super trainers!!! An earned trip...an extra bonus of this coaching thing I do. Something I downplay most of the time, but has provided us so many things over the last 5 years. Helped us get out of debt, meet a community of close friends, and “forced” us to go on vacations like this...our 4th all inclusive trip.🙌🏼 If you have ever been curious about what this could do for you...just reach out. I can’t even wait for more of our team to be going with us next year!!!🛳🌴☀️
2512 hours ago
Happy Sunday to all my amazing followers.
Yesterday I had so many plans to be productive and get stuff done and instead I went and chilled at my mom's place with my cousin.
In the evening though I did sit down and looked at my accounts and started my April budget.
With my sinking funds, our monthly income is decreasing and I have to make some adjustments to my expenses. Although my husband is getting paid an extra paycheque this month, we are using that too cashflow my drivers license renewal ($90), my plates renewal ($240) and paying back my husband's tax that he owes. After paying all of that off, we will have $100 left which will go straight to our debt.
Today I'm going out for breakfast with my parents, then grocery and then doing all my meal prep. 🍽
🙈 I've just gotta tell you straight up. If you're afraid to look at your bills, you'll never be wealthy. Say goodbye to the freedom 💃🏻 the cars 🚗 the peace of mind 😊where you KNOW you're good... 'til you're like 85. 😂
I don't want to be that old woman in Walmart bagging groceries. (Bless her.) I don't want to be the CEO who's still working 80 hours a week at 80. Or the stressed out Mum who's still thinking about money, instead of enjoying my daughter's future wedding ✨
That's why you have to look at your bills. You have to. Will you? Tell me in the comments.👇🏼
Image via @mboakville#createwealth #makingmoneyonline #womenentreprenuer #empoweringothers #womenwhoinspire
Who ever wondered what those little orange boxes on a price tag in the store mean? They're the unit price! The math is already done for you to compare prices! When comparing two different brands of the same item, compare the unit prices on them. For example:
The unit price on this item is $1 for every quart of Gatorade.
The one with the lowest unit price is the cheaper one! This makes buying in bulk simpler. Sometimes it's actually not cheaper to buy in bulk or to buy the sale item!
I'm going to start making smaller random payments to the mortgage instead of waiting until I have $1,000 or more at a time. I feel ridiculous making a $600 payment to such a large debt but smaller payments will help me get there quicker...instead of spending the money. I can put the full amount of my next pay to the mortgage. We only have about 4 months to come up with $20k 😱
Once these funds hit my bank account I'll be at my first $500 project parcel!!
I've sold a few items this weekend, wish it would happen every weekend 💰💸💰
3316 hours ago
I get paid tomorrow, and can already see my salary on my pending transactions - ready to appear in the early hours on Monday morning! EXCITING!
I’ve decided that this month I’m going to challenge myself again... .
1. I’ve got a good amount of meat in the freezer ready and waiting to be used.
So this month my food shops will only be for the fresh stuff, like veg and salad.
I will budget slightly hirer for next month as I’ll need to restock the freezer 🤔
2. I’m going to try and build up my Cat in a Flat side hustle this month and also move one step forward in my soap making business - so I’m ready to sell some items! .
3. Spending most of March buying a salad at work didn’t break the bank, but it’s money that could be saved towards something else!
So this month is a packed lunch month.... fingers crossed, I think this is the hardest part of my challenge!
Wish me luck!!!! .
How are you going to challenge yourself for your next budget month!!?
This has been my life saver. I like to have 6months minimum. This savings has bailed me out time and time again from Murphy. I don’t have to worry now.
Comment 👇👇 if you are on baby step 3 or when you will be!
12168 hours ago
2 sales in 2 days. $30- in my bank account.😊
2219 hours ago
As we’ve been away for a week, we had a couple of litres of milk that has a used by date of today. One of my kids’ favourite afternoon snacks is a smoothie. Two bananas, a container full of frozen strawberries from our strawberry picking adventure, honey, yoghurt and milk. And four bellies are full until dinner!! #smoothies#georgeforemanmixandgo
I gave the drawer under the oven a quick clean as well today. The drawer holds my beloved @bessemer_aus oven pans, pizza trays, grater, mini food processor and hand held mixer. I also purged a couple of trays and some bbq tongs we never use.
I stack my Bessemer oven pans with old tea towels in between so as not to damage the ceramic non stick coating, and they’ve been going strong for 10+ years! #bessemer
Me Currently. We have a pest/termite inspection some time in the next 3 days but they won’t tell us which day #townhouselife
Keeping a house tidy when you have a toddler at the best of times is hard, even harder when you’ve just gotten home from a week away and every toy has to come out and play.
I honestly have run out of cares today haha.
Saving money by having to stay home and clean though which is a plus 😂