Top Notch Bank

fashion + finance

Tag: peace

What is Holding YOU Back?

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personal list:

  • that little voice in the back of my head saying “you can’t reach financial success”
  • FOMO
  • impulse buys
  • saying yes to dinner out during the week because i’m lonely/bored/etc.

after a lot (and seriously, i mean a lot because my last real post was in july) of planning here is my game plan:

  • that little voice, squash it
    • carry a journal everywhere (how cute are mine pictured above from rifle paper). write down every purchase and create a log. include “how did it make me feel” feedback. writing down purchases holds me accountable and helps curb impulse buys
  • review expenses weekly (sunday) and cut out things that do not ignite my soul. this will also help end FOMO
  • before agreeing on something reflect and ask myself: “do i even want to do this?”
  • on sunday (let’s just dub this reflection day) create weekly goals. include food, workout and game plan for the week

will regroup next week to let you know how week 1 goes. wish me luck!

ps: i haven’t written on her since july because i’m partially ashamed that i’m not debt free yet. i have recently had an epiphany: a life with debt is not one to be embarrassed about. it’s a day to day journey and one day (soon) my net worth will be a positive number rather than a negative one. 

AHA! Moment

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I’ve recently had an epiphany: People are scared of their debt not necessarily because of how much they owe or the task of paying it off, but because once you finally start the process of becoming debt free, a whole slew of issues surface.

In other words, the path to becoming debt free is the same path one takes to self actualization.

For example, it has taken me over THREE years to finally sit myself down and really analyze my way of living/lifestyle. It’s taken me over three years to really sit down and say “okay, i’m in debt and that’s okay but I have to change.” Let’s get real, everyone hates change! Being comfortable and lazy is soooo much easier. it wasn’t until I really sat and looked at my credit cards, checked out my APRs (let’s get real, found out what an APR is) and thought “holy S#$T, I could be buying a purse with all this interest” that it really dawned on me…

That AHA! Moment happened in October 2015. Since then, lots of issues and bad habits have surfaced. They have included: being registered to every and any of my favorite store websites for sale notifications; realizing i am addicted to eating out/ordering in; being victim of a nasty cycle of: paying off a card –> going on a shopping spree –> getting overwhelmed –> shopping some more –> overeating –> hiding from my cards –> getting control…and repeat; caring too much about what others think; doing what others want vs. what i want.

You get it, things that you wanted to hide from surface when you are really asking yourself “why am i in debt?” Which is the first step in becoming debt free. It’s a scary question that brings out your faults (eek!). But guess what?! These faults can be turned around and changed into strengths. Something you CAN take control of. Take a deep breathe and realize you are not alone. There is NOTHING to be ashamed about. There is light at the end of the tunnel. You are one step closer to a debt free life and therefore self actualization!