Parting The Sea of Red

 Well, month one was successful...but, anyone who follows the teachings of Financial Peace University or Dave Ramsey knows the ongoing joke's about Murphy's law.  Right when you accomplish something, Murphy shows up and something else goes wrong.   At the time of my last entry, I needed to get $370 into savings to meet my September goal.  Since then, I earned: -$1.08 in interest -$22 from  Rodan&Fields -$293.50 from my side hustle at Orange Theory Fitness. -$24.21 that was sitting forgotten in my Venmo account (I think this was from a fitness challenge I did at the start of the summer) -That leaves me with $29.21 to make my goal- which I can easily take from my September 30th paycheck...except... Except Murphy showed up. Today I went to try to transfer the money from my credit union account to my money market account and realized my balance was far lower than it should have been.  If you remember me mentioning that my purse was stolen last summer, in th...

 It’s been just over a year since I made my last student loan payment and experienced living debt free for the first time since I was 18.   If you can avoid any major life changes in the year after that big moment, please do so.  But, I write that last sentence knowing that, for most of us, big life changes and the timing surrounding them are out of our control.   At the time I paid off my last debt, I was temporarily living with some friends who offered me their basement when my teaching position was cut.  I was offered a long-term sub position in a new district for the coming year and needed to find an apartment that was affordable, cat-friendly, had a garage (car thefts have been skyrocketing in my area) and within reasonable commuting distance to work- and the only options were expensive.  I had also promised myself and God that if He got me out of debt, I would enroll in seminary as I felt He was calling me to do.  The transitions from roommates t...

 I'm currently training for my third marathon. To be honest, I don't enjoy the long training runs, especially in the summer heat.  But, I'm looking forward to the moment when I finally cross that finish line in October. And, I've had to sort through a lot of bad information along the way..."Run the full 26.2 miles regularly in the days coming up to the actual race." (No, bad.  Bad idea.)  "Just drink water, not sports drinks."  (Ever hear of electrolytes?). "This training plan worked for me, so it should work for you- never mind that I'm a guy/collegiate athlete/a sprinter..." It's been a lot like my debt-free journey. It's easy for me to remember the day that I realized how much debt I was in: July 11, 2015.  I was in my hotel room getting dressed for my brother's wedding when I saw the notification from Mint on my phone, saying my net-worth was NEGATIVE 75,000.  I knew when I finished graduate school that I had a lot of de...

 Getting into trouble is the fun part.   Living off junk food, staying up all night playing games, sleeping all day instead of getting work done (unless you work the night shift!), skipping class, and reckless spending are all fun.   Getting out of trouble sucks.  There's no way around it. Trying to reclaim your health after months of living off junk and being sedentary is brutal.   Trying to power through the day after spending all night on your phone is miserable.  And, as a teacher, I see the kids frantically trying to catch up after slacking all semester (and it usually doesn't get them very far!).   Digging your way out of debt is brutal.  There's no way to make it easy. I love a creative challenge.  I had fun going to the dollar store and picking out my glass containers and marbles.  I've had fun tracking my journey on social media and sharing what has worked and what hasn't.  I love teaching Financial Peac...

 Okay, right off the bat, maybe that title is misleading: it took a lot more than a teacher's salary to pay of 75 thousand in debt plus interest, or at least, to do it in five years.  It took a lot of side hustling, getting creative, and finding what resources were available to me.   Right off the bat, about three years into this journey, my parents paid off about $30,000.  I honestly had a hard time accepting their generosity as it felt like letting someone carry me partway through a marathon race course.  But, they told me that they had put lots of prayer into it and felt that this was what God was leading them to do, and they would sleep better at night knowing I was so much closer to being out of debt.  One of my pastors also pointed out to me that, sometimes when God sees us busting our tails to pursue a goal He has given us, He will bless our efforts in unexpected ways.  Knowing that such a gift was God's and my parents' way of saying, "We s...

 (This post will contain some affiliate/referral links- if you sign up, I'll receive referral incentives!) Let me preface this post by saying this: using apps to make money is a way to supplement your income, but it won't get you out of serious debt or break the paycheck-to-paycheck cycle unless you want to be on your phone all your waking hours.  Don't kid yourself into thinking you don't need to find a part-time job or that you can charge whatever you want on a credit card because you will use these apps to get caught up later! That said, some of these apps are a nice way to earn a few extra bucks, especially if you have time to kill on a snow day, waiting in a long line, or because you are quarantined due to a global pandemic.  Sometimes I work on them while watching TV or waiting for my dinner to finish cooking.  Why not?  Survey apps: Swagbucks:  This is probably the most popular app and the way I make the most money, because there's so many options....

In the midst of Covid-19, I'm doing okay. I'm concerned about my loved ones who may be vulnerable to the virus (and I'm not wild about the idea of getting it myself.  It sounds brutal!).  I am SO sick of the mask debates and conspiracy theories from both sides.  But, financially, I'm doing okay. There are so many factors that play into this, and it's by God's grace.   Some of it is by decisions He has guided me to make and education that He has provided for me through Financial Peace University and other sources.  Some of it is completely beyond my control.  Between my time at home, the stories I have read from others, and the commentary I see on social media, I've had plenty of time to think about what has prepared me for this time and what can better prepare me for the future. Beyond My Control: My full-time career being one that I can do online from home.  When I declared an education major in college, there was no way of seeing what ...

"I have so much to do today, I shall spend the first three hours in prayer."  ~Martin Luther This quote carries so much weight to me.  God is merciful to continue sustaining us, providing for us, and loving us even when we push Him to the back burner of our lives.  Too often, we use this truth as an excuse to say that He will "understand" if we just can't make time for Him on that day. But in this quote, Luther shows a different level of faith.  God's goodness is not dependent on how many hours one spends in prayer, but he chooses to put God first, trusting that everything else will follow.  I don't know if there is any historical record on whether or not he completed that day's long to-do list, but I wish I could hear the ways that he saw God respond to his prayer. 2018 brought frustration in life and on my financial journey.  I had made plans to serve as a residential volunteer in an anti-trafficking ministry, which would greatly reduce my...

When I reignited this blog a year ago, I had set an unrealistic ambitious goal of paying off $20,000 of my debt.  It didn’t happen and I make no excuse other than it was just too big a goal to begin with.  In August 2016 I accepted a job that was about a 15k pay raise and a shorter commute, but I had been living “in the red” at my previous job, and I had some increased expenses in 2017.  Some of these were by choice (adopting the cat, having a boyfriend who lived 30 minutes away, starting my own businesses- no investments that I regretted, though!) and some were unpreventable, such as my rent increasing.  Even with a second job and constantly scouting for other sources of income, $20,000 wasn’t realistic. But I don’t regret anything.   This year has been part of a journey and I am proud of it.  I started directing theater club after school and I had the chance to teach an English camp this summer.  What started out as an extra-income search landed...

First off, disclaimer:  If you are already running a successful Direct Sales or Multi-Level Marketing business, this entry probably won’t apply to you!  This is geared towards people who are considering joining a direct sales company to get out of debt or to break the paycheck to paycheck cycle.  I’m going off of some of my own experiences as well as some of those of my friends and family.   Second disclaimer: I do not endorse or put down any of the companies that I am mentioning here!  They are being used purely as examples of specific business models! Lots of people credit direct sales companies with getting them out of debt, becoming a second source of reliable income, or even completely replacing their full-time jobs.  Others talk about being scammed or going into debt with direct sales.  For someone struggling with debt, it can be tempting opportunity, but “tempting” isn’t always synonymous with “wise”.  Before delving into some things...

Halfway through summer! It's felt like a bit of a rollercoaster at times. Saying goodbye to my kids was hard. Training at the country club started three weeks before school got out, which meant three weeks of juggling three jobs at one of the most hectic points in the school year. I got sick.  But I also ran my second marathon, and I ran it with my cousin, which has been a long time goal for us. One of my closest friends got married last week. My boyfriend and I have been able to make some fun memories. And I get to return to my teaching position in the fall.  Financially, the summer has also felt like a bit of a roller coaster. I haven't been working as many hours as I hoped at the country club- I can make good tips during a busy lunch shift and great tips during a busy dinner shift, but it's frustrating to know that I could be killing my debt goals if I could just get more hours. I really like working at the tanning salon, but, unfortunately, these two jobs ...

Phew, it's been awhile since my last update.  Paying off debt (shocker!) takes a lot of time and energy! I’ve realized that, having such a huge goal in front of me, I need to break it down into pieces.  I am working with multiple sources of income to obtain my goal of $20,000 and my eventual, bigger goal of being completely debt-free.  A few weeks ago, I sat down and tried to figure out how many sources of income I had and what I could realistically make in one year if I really pushed myself. My tentative schedule so far: My regular salary: $10,000 (this is what I think I can put towards my debt with budgeting). My second job: $3,000 Apps, Paid Websites, and Blogging/Vlogging: $1,000 Sales (either selling my own possessions or a sale from my Melalueca business, etc): $1,000 Of course, I have a visual reminder hanging on my refrigerator to help me! So, that leaves me with a minimum $5,000 to come up with (assuming I’m able to make all these other goals).  I...