I would say that I have some "normal" debt for someone my age - specifically a car payment and student loan. I have 903 days (or 2.5 years) left until my car is paid off, and about 7 years left on my student loan, though I hope to pay it off quicker after the wedding and my credit card debt is paid off.
Now my credit card debt is my "bad" debt, obviously, because that is gaining interest like a mofo. I owe about $4,000 - which was built up after I split up with G and I was paying all the rent on my own, during my unemployment as well as vacation. It also doesn't help that my MasterCard balance comes out of my chequings account automatically, because it wipes the balance on my chequing, so if I have to buy something (groceries, gas, etc) I have to use my MasterCard, which just adds on to my balance and more interest. Hooray. Not.
That's a brief overview of how I got myself into this mess - no one's fault but my own! So, what am I doing to change it? Let me tell you...
Being a millennial and all I kind of forgot that there's this thing called physical cash that you can take out and trade for goods and services. Crazy, right?! So I'm going to start taking out money the day I get paid - about $200 a pay check should be more than enough - to cover groceries and other essentials.
No new clothing/accessories
Yeah, this one sucks. But the reason I thrift is because I would rather pay less for beautiful clothes than pay full price. The last three items that I bought new* at full price for myself were:
- my athletic bathing suit (because being broke is also stressful, so I got an alumni gym membership so I can get some meditative swimming time in) September 27
- fabric for my next sewing project (this technically counts as clothing) September 23
- my wedding shoes (wedding expense, so I'm not sure that really counts, but I'll put it in anyway) August 29
So the TGIF part of this post is inspired by Blonde on A Budget, a Canadian personal finance blogger from BC. I love her weekly wrap ups, and I thought there is no better time to start doing my own TGIF posts than the Friday of the Canadian Thanksgiving weekend! So here it goes:
Low of my week: Coming into work an hour early for a meeting that I didn't know was cancelled.
High of my week: Toss up between going to aquasize with Bailey and going to Camrose with Bee to sell some stuff to Imagine and stuff our faces at East-Side Mario's.
A blog post I loved: Jessica's blog post on why she wears 80s-does clothing.
Best money I spent: I guess I will have to say the $100 I took out for cash spending, because that's really the only thing I spent money on since last Friday!
Weekend Plans: spend two whole days with my fiancé in Calgary for Thanksgiving at my sister-and-brother-in-laws-to-be's house! Ian and I have both picked up some odd jobs for extra wedding cash, plus he's been working nights, so I haven't spent more than 30 minutes (when one of us is half asleep) with him in over a week.
What are you thankful for this weekend?