Thursday, September 24, 2015

25k in 36 months

Can you believe a few blogs ago, I asked for a 40k+ job and I got one? So yes, be patient. I thought that with that amount, I would change my status from AWESOME --> I'M FRICKEN AMAZING, but it didn't. I still feel the same, but just can payoff more debt now. So I'm excited to announce my student loan plan!

I'm just after being debt free. Paying my student loans in 36 months = 3 years! After doing the math and really preparing myself physically and psychologically, I can do it. So that cat I almost wanted...out the window. I can still shop; I mean, I already budget myself to only $50/month. In addition, I'm going to sell clothes online some time soon. Anyway, here's the plan:

I have autopay for $265/month = $3,180/year
2nd job/additional $300/month = $3,600
========totalling = $6,780/year

Balance of $25,481.99/$6,780 = 3 years and 7 months, but that could be cut down from the auto deduct and the second job, and also raises over 3 years if I stay with the same job.

However, according to the math of .25 when you auto pay, the real balance could be $19,110.75, which knocks down a whole year...

Aiming for 3 years is the plan. However, the actual balance from each payment will hopefully knock a few months off. I can't wait to take photos of each time I knock down a payment.

--This is the effective plan:
1) Call Navient to split my payments bi-weekly. (I called and they only do monthly withdrawals on their end, but if you pay on your end, you won't qualify for the .25 autopay discount. The choice is yours.)
2) Start with just $100/month extra from my bank's bill pay. If you don't have to make the effort to write/send it, you're not as attached to the money.
3) Work 2nd job and all of that pay goes toward loans
I also plan to do the snowball method mixed with interest rate:
01. $871.79
02. $3302.62
03. $5568.73
04. $1563.20
05. $1560.20
06. $3302.62
07. $5568.73
08. $3916.16
09. $2561.44
10. $2668.30

In 3 years, I will be done with student loans && my car payments. That means sky high credit score, just in time for buying a home! I'll have my 401k going and my own personal savings. And in 3 years, KP will be 17 and he's in line for my car. Yes baby, you can have it and I'm seriously getting a 5k car after my car. I am waiting.

Here's a TEDtalk to motivate paying off debt: Adam Baker - Sell your crap. Pay your debt. Do what you love.

Learn more about paying back student loans here

Wednesday, September 23, 2015

Helpless. Limited. Stuck.

My sister (from  planned a road trip for my family a few years ago. We took my parents' SUV and the Mazda. We were probably two or three states away from Wisconsin when the SUV was at the edge of its life. In a household of mainly girls, none of us knew what to do; we waited for my dad. I hate the fact that I've always expected my parents to have all the answers to life, ever since I was a child to even now. I mean, we the children were better candidates to get help because we spoke the language.

Anyway, we sat and waited there like little kids again, waiting for my parents to solve the problem. That was when I felt helpless. I knew nothing about cars, how was going to help my dad? It also hit me that my parents must've felt this way so many times when I wanted an answer/help from them that they didn't have the answers to. It's really crazy how you change from knowing the world to knowing nothing at all as you grow. Kind of like trusting and thinking the world (more like people) is kind. ...and it's heartbreaking when it's not. :( Life can be so unfair :'(

I felt so limited at that point. My dad was the only candidate/option to rely my needs on. This feeling motivated me to work so hard in life, be academic or just work. I never want to feel limited in life for any reason. I don't want to be limited to what kind of jobs I can apply for. I don't want to be limited to just my job; I don't want to just rely on my job for the rest of my life. As a future parent, I don't want to tell my kids 'can't'. I learned from a lot of job application research that "We are all temporary employees," no matter how long we commit or have been at a job. Sadly, nothing is truly promise in life.

Lastly, my family was stuck (just for like 3 hours). Being stuck-not moving forward- is the worst feeling; you're just waiting for it to be over. It feels like a boundary you can't get across. I just never want to feel that way, whether it’s my job, success, or relationships. I mean, life happens, but you have to make an execution plan. I’m grateful to live a limitless life at the moment and look for challenges where I can. Fortunately, I make enough to pay for the resources I need.

Something can always be done. That can be my down fall sometimes; I’m not a quitter where my heart is willing. For example, I was going to settle for a 26 hour drive to GA and back, but I didn’t have to be stuck with that. Instead, I kept an eye on flight tickets. You can do anything in life. You don’t have to feel helpless. You don’t have to be limited with your resource. You don’t have to be stuck in your situation if you don’t like it. I leave you with these quotes to make progress in life:

“Falling down is how we grow. Staying down is how we die.” – Brian Vaszily 

“Pain is temporary. Quitting lasts forever.” – Lance Armstrong

For reading today’s blog, I’ll share my dream with you all. I just want to blog and vlog and generate income from a food stand that gives me a reason to travel, hoping I find a job that’s part time but comes with full time benefits…hey, that’s my current job, lol. I can work like 30 hours here and still qualify. Lol! I can work like 8 hrs/4day and have Fridays off! Wow!!! This entry was awesome. See, life can be done :D thank you for reading like always.

Thursday, September 10, 2015

Window Shopping

Just online window shopping the night before payday. I must control myself and stick to my strict budget. No shopping, so I'll just post this on my blog to feel better.

Cedar Street - monday' crossbody bag

Textured Floral Body-Con Dress

Thursday, September 3, 2015

H&M Picks