6 months of drama for a life lesson
September 1, 2016, I signed an agreement to become a homeowner. I was planning on finding a roommate to help pay for the place when one of my friends was on a time crunch to find a roof to live under. Let’s refer to her as Amy. I offered Amy my second bedroom for rent. I knew Amy for 3 years and we would hang out, gossip and go to shows together once in a while. Amy was an okay friend with constant drama around her, two neglected pets, terrible with money and no job. No surprise I started to regret my decision within a month.
Continue reading “Pre-Landlord Experiment – Room Renting”
For the longest time I have been using budgeting spreadsheets or templates, but I’m either too lazy or forget to fill them out. Budgeting apps made it easy to track my spending automatically. After few months of failed budgets, aka not being real with myself about how I use my money, a budget template was made. Continue reading “Budget December 2018”
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!”
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”
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”
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”