I'm pretty sure I've only lurked these threads before, but clarity and consistency is what I'm lacking in my finances (not necessarily bad spending, just, unfocused and unorganized) so I think daily check-ins are a great idea!Who I am...
I am a single mom to two daughters, who is making by on welfare and school money. I am starting to scrape up business online and at vendor booths selling my sewn items, I am going to school for Small Business Administration to help further that end and also to keep my brain from slowly dying, as it did when I was a domestic slave. I am LOVING having complete control of my house and finances, but realizing that I still have some issues with exercising that control. I still expect to check my bank account and have money gone (like used to happen with ex...) and I need to get out of that fear-based mentality so that my money can thrive.Where I'm going...
I am paying off 6,000 in debt with a student loan (so, deferred until I'm out of school) which will mean I will have 12,000 of student loan debt. I should be able to finish my degree without pulling out another cent in loans, I just don't want to let my cc default and ding my credit anymore than it already has.
I want to be able to pay my bills in full every month, as well as start saving.
I WANT TO BE OFF OF WELFARE!
And I want to be able to calmly look at my account every day. Being able to LOOK at my finances without feelings of guilt, shame, fear, or sadness is probably my biggest goal.How I plan to get there...
Take out student loan, $6,000
Work my ass off in school, and translate that work into business savvy. It's honestly going well so far, but I have to get my web sales going, because I don't have the time to spend multiple days a week waiting around at events for sales. I want my computer to do my job for me, dammit!
Plan all purchases
Set my Firefox to open to my USAA account login
Look for all opportunities open to me to make more money, jobs and work-study, for example
I get my spring/summer financial aid check next week (supposedly...) and that will put all of my bills in the black, pay off my car insurance for the next 6 months, and leave me with no excuse not to focus on growth and the next step away from government dependency.
Phew! So, short term, check my account every day and don't buy unplanned, and deal with the finances daily.
Also, I just need to be on top of paying things, I have a tendency to hold on to the money, even if I have it, because I am worried that something more pressing will come up after I've payed something else. I have finally realized that unless I'm rich, there is always SOMETHING that will need to be paid, so I just need to pay as things come. So I don't have to pay 90+ in late fees on a Fastrak ticket that I don't think I deserve....
And that I could have gotten out of if I had taken care of it right away.
7/1 - Went to coffee with my three year old, we bought a drink and muffin with grandparent birthday money, guilt-free because she chose how to spend it! No other spending, paid the bills that I could. (SMUD and half of PGE)