There's still time this bank holiday to take the first step towards your goals, whether it's to clear your debt or start your side hustle. .
Yesterday, I started to draft some plans for the next stage of my debt-free journey. .
I made a list of all the ideas I had had, and did a SWOT analysis of each. Today, I'll use that to see which ideas I want to explore further. I need to be careful to not take on too much so it's overwhelming. .
I finally got my tax-free rebate letter so I did the admin to reclaim it online. It should go into my account within 7 working days. 🙂 .
Apart from that, today is continuing to listen to Chillpreneur and making a family Sunday lunch. Roast Chicken. Yum.🙂 .
Write down below a list of three small actions you could take today or tomorrow that would move you closer to your goals. Free hi-fives and hugs for anyone that does! 😄😘 .
Tag a friend who needs to read this 👥 Repost ♻️ and share🤳 .
. 👉🏿Follow @_SOULWEALTH for daily tips and inspo .
A few weeks ago I was giving a consultation to a woman about money.
We looked at her income and expenses, and a lot of money went to different courses. She has a lot of certifications as a healer in different modalities and some more. But she doesn't make any money from that. Only spend.
I was asking her why she doesn't make any money out of it? And she told me that she is not yet confident, and she goes to all these courses to heal her confidence.
The thing number #1 you need to understand is that confidence doesn't grow with healing; it only increases if you are practicing!
If you see that you over and over going to the courses, healing and you still have the same problem, it means you need to start DOING that damn thing!
Stop spending and start earning instead! Get yourself one mentor or coach who will keep you accountable in the doing and stop buying into your excuses why you still don't do it.
This is a daily struggle for me. Being in debt for so long has meant that most people I know now own their own homes. Most of these people got help from the bank of Mum and Dad to buy them or received an inheritance. Many are married and so their mortgages are based on two incomes.
I struggle every single day not to feel bitter and jealous about this. Not a nice side of me I know, but having to listen to a colleague 13 years younger than me talk about how this week her boyfriend is inheriting some money from a grandparent, so they have their entire deposit handed to them on a plate. She then added "there is no way I would have been able to do this any other way". It made me feel really angry about that last statement and instanly felt crap about how hard I am having to struggle for the next 2-3 years to get mine together and clear the last of my debts.
Does anyone else struggle with the comparison monster? 👹
Simply put, a 401(k) is a retirement account. It is the most common for big companies or corporations to use this for their employees.
Once you start working, if your employer offers a 401(k) then definitely participate and start contributing a percentage of your paycheck to this account. Your employer will usually match your contribution up to a percentage so it’s free money that you are earning (ask your employer for their match).
However, keep in mind that these accounts have “vesting schedules,” which means there is a certain number of years you have to stay with the company so you can keep 100% of your employer match if you ever decide to leave/quit.
For example, some companies will require you to stay for 3 years and others will have a percentage of how much they will give you depending on how long you have worked there.
There are rules and exceptions to this account on when you can take the money out, exceptions to withdraw the money early and so forth. Overall, it’s a good account to participate in if your employer offers it! Sit back and watch your money grow.
Re-reading this! Thanks for reminding me @geri_howard 💕 #happinessproject .
A little blurb: 'I had everything I could possibly want—yet I was failing to appreciate it. Bogged down in petty complaints and passing crises, weary of struggling with my own nature, I too often failed to comprehend the splendor of what I had. I didn’t want to keep taking these days for granted. The words of the writer Colette had haunted me for years: “What a wonderful life I’ve had! I only wish I’d realized it sooner.” I didn’t want to look back, at the end of my life or after some great catastrophe, and think, “How happy I used to be then, if only I’d realized it.”'
I’ve been busy getting some new savings charts done - I’m so excited about these!
Two new charts will be available in May, but if you are an All Access Pass member, you can grab them now! Check your email 😁
ETA: If you don’t see the email, you can simply login to your account and go to the members area, sort by newest items and you’ll see the new goodies!
Today was a great day! We cooked a camping breakfast, my family drove to the camp ground to celebrate with us, we made moon pies... my first day of 33 is going to be hard to beat! I ate too much, laughed too hard and got the sweetest “happy birthday Mommy” from my Levi! I am so so blessed!
3 587 hours ago
So I get I'm here preaching don't spend money unnecessarily and to some people beauty products or services are not priority. I'll admit my hair isn't a priority but I'm fortunate enough to have manageable hair that I can always mom bun it out. But my skin… nope! I can have the gordita confidence for certain outfits. I'm okay with my stretch marks. I'm graying out and it looks terrible. ⠀⠀⠀⠀⠀⠀⠀⠀⠀
But I REFUSE to look older than I am. I know it's a luxury (it's sure as heck tax as a luxury in CT) but I will still drop $200 on skincare if it means quality potent ingredients that will keep me looking fabulous. I will research the heck out of new treatments and try them. It's one of the main motivations of my reason for being an esthetician. Waxing, skincare and makeup are items I refuse to skimp out on. So much so that although I went to college for a totally different field, I also became an esthetician. Turning that passion into a career affords me wholesale prices but it's still expensive. ⠀⠀⠀⠀⠀⠀⠀⠀⠀
What is one LUXURY item you refuse to give up while on your #debtfreejourney ?
(btw I'm turning 36 this year)
10 377 hours ago
A thousand dollars.
It's suggested to at least have a $1000 as an emergency fund. I admit that this is hard to visualize when you are living paycheck to paycheck. However, the advantage of having this is huge! ⠀⠀⠀⠀⠀⠀⠀⠀⠀
I think we've dipped in to our fund a million times because something tends to always come up. But it feels good to be able to not have to put something on a card because the cash is available. Having two used vehicles makes many car repairs! ⠀⠀⠀⠀⠀⠀⠀⠀⠀
So here I'm sharing an easy way to stack up at least $1000 to take care of any emergency that may come up. Have you tracked a way to save your 💰? Anyone else have a higher amount for emergencies?
6 378 hours ago
It doesn't take much to make the Holidays special for the kiddos.
$1.25 from the dollar store and I'm going to have one excited kiddo tomorrow. That or she'll be terrified when she thinks about the fact that a giant freaking bunny was in her house ahahah either or🤣🐇🐰 Hope everyone has a Hoppy Easter full of love, family and chocolate. Sooo much chocolate.
1 88 hours ago
Less than a week until we are DONE with #babystep3 😭🙌🏻🙏🏻 Y’all, we will finish this baby step sooner than expected: in 4 months rather than 6. We will have saved $24,000 in 4 months 😱 Since January, we have had an unexpected tax return, a larger than anticipated bonus check, and YouTube has been good to me. Thank you to everyone who is watching my videos, because although it’s still free for you to watch, I know those ads before my video can be annoying. But y’all, it earns me some cash...you make it possible and worthwhile for me to keep sharing our journey even though I have a full time job and limited time, and I have put every penny my channel has earned to #debt and our #emergencyfund . And for you I have so much #gratitude 🙏🏻
I know God has had His hand in all of this...that’s been super clear. I’ve been presented with an opportunity to help someone in the next couple months, and I couldn’t have said yes to it if it took us the length of time we had planned to complete this baby step (see my “80%” post). Also, my #sidehustle income will be freed up at exactly the same time that I go into summer break. I’ll have time to focus on DKM before next school year starts. I may have some opportunities to scale this vision of mine and invest in my passion for helping and encouraging others, to step into a dream that’s larger than myself and allows me to sustain a life of contribution. That’s pretty dang exciting. And a privilege. #thankful 🙏🏻
Most of you totally get it, but there may be some who might not understand everything that we went through to get here. We’ve worked (and continue to work) our @$$es off. And if all you see is our success, I challenge you to imagine all the blood, sweat, and tears that happened in the dark, when no one was looking, over the course of 3 transformative years. That is the power of a #debtfreejourney and #intentionalliving and facing life with a #growthmindset and believing that faithfulness will produce #abundance . And it’s something anybody can have, if they believe it and are willing to work hard for it. #livelikenooneelse
I’m proud of us.
70 1,5178 hours ago
I looked back on last year’s beginning debt totals and we had five (5) debts we were working on. F•I•V•E. As of March 29th, 2019, we are down to ➡️ 1️⃣ ⬅️ Wooohooooo 🍻🎉🎊
“The rest end up in landfills or flooding markets in developing countries like Haiti where they are bought by the box and kill the local industry.” —
I had some free time this morning so I finally sat down and watched “The True Cost” on Netflix”. It wrecked me. I’m totally guilty of purchasing clothes, wearing them a few times, then donating them.
The clothes filling up landfills is only one part of the picture with excessive consumerism. Issues like dangerous factory conditions, unfair wages and environmental toxins also play a part.
This movie was a gut check for me and has given me a lot to think about when it comes to my wardrobe and my lack of contentment with it...the constant need for new. Anyone else seen it? Has it changed the way you shop?
Airport selfie time 😁 taking my beautiful wifey @margaretfedorovsky to Epcooootttt (she’s been saying that for 2 months now)
I haven’t been much on social media lately, for the first time in a looooong time, as I’ve been going through some challenges around finally facing the mountain of debt that we built up. And this trip is a definite must, especially for me to reset my mind and focus on some fun times.
One word of advice - whatever challenges you’re going through keep your head up! You will get through it! It will get easier (even if you can’t believe that right now) and some day you’ll look back and see your challenges as the things that shaped you and made you into a better version of yourself.
This thought it what keeps me going. Focusing on my vision of where I’m going keeps me focused on solutions to the challenges vs succumbing to them, eating a tub of ice cream and going under the covers in a fetal position (although I can’t lie, there have been a few times recently when I wanted to do just that)
The fact that’s it’s challenging and not easy, is just the universe testing you. If you couldn’t handle this level of a challenge, it would not have been in your way.
You got this!
If you need a friendly chat, you can ALWAYS DM me. I find that chatting with someone (even if it’s someone you don’t know, and sometimes ESPECIALLY someone you don’t know)can help so much
Have an awesome weekend!! PS - what helped me get to this mindset? The amazing training from my coach @rayhigdon and his super duper group #rankmakers
Without him and the group I feel like I wouldn’t think this way about obstacles and would definitely feel more alone vs all the support that’s in that group.
5 229 hours ago
I spent most of the last two and a half weeks traveling for work, and now I’m back in the city dogsitting for a colleague for a week. Even though it’s been a LOT of hard work, I’m thankful for the little moments I got like this one in Estes Park, CO. I’m also very thankful for the overtime (around 50 hours) and dogsitting fee ($450) I’ll get to put toward my debt. Hard work, but it’s worth it!