Top Notch Bank

fashion + finance

Tag: economics

Root Of All Evil

12313743_10102522509812098_8826507157156758556_n.jpgIf I had to chose one word to describe my early 20’s, insecure would be it. Graduating college, realizing money doesn’t grow on trees and learning that credit cards need to be paid off (and with interest too!?!) all fueled this feeling. By 23, the insecurity turned into extreme anxiety. How did I deal with this? By binge…eating and shopping. I opened up more credit cards, spent more and lived well above my means.

Running away from your problems is a funny thing. You keep running (in my case spending) and instead of reaching happiness, you are greeted with a null/empty feeling. So you think “well if i have this purse that will make me happy, and if i eat out at this restaurant that will make me feel lavish, and if i buy my friends free tickets to concerts they will like me.” But the fact is, it’s an endless circle of “will make me” this and that.

I paid off the first credit card I ever opened yesterday, $1,300. Never has “spending” money felt so good. But there is doubt and insecurity rooted in the back of my head. Yes, I’m attempting to ignore them but I keep thinking: “OMG I can’t believe I did this, Can I do this? F Yes I can, But can I? Oooohhh Gucci”

In our quest to be financial independent it is VITAL to shut insecurity down. Sounds easier said than done, right? Well not if you shift your mindset. You have to focus on temporary aspects, i.e.: this too shall pass. Do this by keeping an insecurity diary, write down every negative thought and then counteract it with a plan (goal diary). Take a bubble bath, meditate, go for a long run. Do anything that makes you relax (and is FREE!). You are worthy of taking control of your finances. Take one day at a time and soon your insecurity will turn into security!

Dear Diary


Starting 01.01.16, I will be embarking on a rigorous debt diet plan which includes limiting EVERYTHING (eating out, alcohol intake, shopping). Six months to a debt free life is my goal. While the thought of not going shopping for six months terrifies me, I’ve realized it’s now or never. I’m turning TWENTY EIGHT in 2016. Which means I’m TWO years away from thirty. And let’s get real, it’s not a cute look to be thirty and broke.

The plan is to count EVERY penny I make and spend. Also, create a second source of income, which will be discussed in a later post. In order to make every penny count, it will be important to keep up a journal/diary/agenda. Every night, before going to bed, I will journal and fill out the following information:

date, inspirational quote, top three priorities for the next day, schedule, meals, to do list, exercise, ideas, concerns.

Then the next day before filling out the following days plan, I will reflect on the day and total up how much I spent. The goal is to spend $0 Monday through Thursday, i.e. days that are normally not considered “going out” days.

I’m currently working on a printout of the journal points and will share ASAP!

In the meantime, cheers to a safe, prosperous and debt free New Year!

xo, A