One of my main goals for the year is to save money and pay off a significant amount of my debt.
I have great credit and by default, not learning from mistakes, I have a lot of credit cards with significant amounts available to me. Often this makes me say “oh I can spend that money, I’ll just put it on my card”.
The next month will focus on only using cash (actually physical cash and my debit card) instead of putting anything on credit. Hopefully this will help me lower my debt and make me more conscientious of spending habits.
The New Year is here!! I hope everyone enjoyed their festivities and celebrations.
Like I said in my last post I am giving this 365 things another go. Some things I am going to repeat from last year because they were great for me, other things will build on things I did last year and some are brand new.
To kick off the year I am building on a thing from last year. Last years I downloaded an app called Acorns. It automatically moves change from accounts that you link to it into an investment account. After starting it last year I tapped into a couple times to use some of the money.
My first full thing for the year is to not touch that money at all for the entire year. A big task but I think I am up for it.
The last couple years of my life has been all about saving money, investing money, and getting my stuff together to buy a house.
As I work harder and harder to make this happen I came across this app that rounds up transactions from my checking account and puts them into an investment account.
It is similar to what my savings account does, however, I like this app because it separates my money to a completely different place. My savings and checking are linked, so at any time I can transfer money over to my checking from my savings. This makes that harder.
I should probably add this into my weekly tasks and do this at least once a week.
Working in a bar and working strange hours I too often eat out or spend money on things throughout the day that I could easily get or do at home without spending the extra money.
Today was actually harder than I thought it would be but I think at the end of the day I appreciated the extra $10-15 in my pocket. Doing it more often could really help me save some money.
Over he next few days I will be catching up on posting my 365 things. I have been super busy and just have not had the chance to keep up with my postings.
Hope there are still some of you out there following along! I am super excited for the coming months. Spring and Summer means outside things are much more possible and I cannot wait to get out and explore.
For April 3rd, I called credit card companies I have CCs with and asked for lower interest rates. My largest balance I transferred to a new card with 0% rate for 16 months. Just trying to get closer to freedom from debt and enough money in the bank to buy a house! Maybe soon.