It’s Make a Budget Day!

The good the bad and the shopping

 

There are 1001 ways to create a budget as well as budgeting strategies floating around the almighty web. There are cash budgets, 50/30/20, zero-based, envelopes and many more strategies that either didn’t work for me or it was too much of a hassle (like cash and envelopes). Although they didn’t work for me I was inspired to figure the best strategy for myself. Continue reading “It’s Make a Budget Day!”

My Money Story – Debt Pay-off Plan

To pay, or to pay extra: that is the question…

Early this month I had a different plan of how to reduce my debt. Research after research I was overwhelmed with ideas and how to’s. Pay that mortgage early or pay it slow! Buy a car with cash, avoid the loan! Interest rates are low, take a loan and build credit… you get the idea. I do want to get rid of debt, but I also don’t want to drive myself up the wall and eat dry ramen noodles all day. I prioritized and this is my game plan.

Continue reading “My Money Story – Debt Pay-off Plan”

Transfer Card Miracle

Lessons learned paying off credit card debt

Last year my credit card with CapitalOne was carrying a balance of $3,123 with variable APR(interest) of 23.99%. I was hardly catching up with interest rate paying $80-100 when its due, $65 of which was going toward monthly interest. My debt wasn’t going anywhere
Continue reading “Transfer Card Miracle”

Pretending to be rich

Spending trap for a young professional

First nice paycheck got me fired up and feeling on top of the world. Spending money on things I couldn’t afford before like clothes, gadgets, parties, fancy dinners, house. Pretending to be rich as a 21 year old with job that for once payed more then minimum wage. Continue reading “Pretending to be rich”