Top Notch Bank

fashion + finance

Tag: Spending

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!

Preach

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don’t forget.

Words To Live By

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remember.

 

Transformation Tuesday

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this is NOT something to be proud of!! this is by far the tackiest piece of “fashion” i have ever seen. seriously, this is why we are so in debt. how about a shirt that reads “I’m in love with a life$tyle I can afford” now THAT is fashionable.

Monday Motivation

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card 1 of 4 is paid off!

**you know how i’m celebrating? by focusing on paying off card 2!**

The Struggle

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two days ago i posted this post about a cute pair of espadrilles i was crushing on. and it’s been following me around ever since. this snapshot was taken this morning.

sponsored ads are the worst thing ever when you are trying to be fiscally responsible. UGH. stay strong out there!

I Always Feel Like Somebody’s…

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captured on a website i was browsing on 3.2.16 at 4:40 p.m….please see post below. temptation is everywhere people! stay strong!

March Goals

Miami Weather

March, one of my favorite months out of the year. Why? Well when you live in South Florida it means gorgeous weather in perfect temps (high 70s) and relatively low humidity. Add that to time springing forward (hello longer days/more sunshine) and you’ve got a win win situation.

Spring’s arrival brings the perfect platform to do some cleaning, both physically and fiscally. Below are some of my top priorities for March:

  1. Reading: As an avid bookworm, my kindle is jammed with books I’ve downloaded but have never gotten around to. I am making it a point to read all these forgotten souls.
    • Goal: Do not spend extra money on books.
    • Read: 11/22/63, Blink, An Abundance of Katherine’s, Adventures of your Soul
  2. Food: Cooking is slowly becoming one of my favorite passions. However, I still get newbie anxiety with certain dishes (such as fish) and tend to stick to the same boring dishes I already know (pasta, zoodles, chicken).
    • Goal: Do not spend money on takeout/anything with a delivery fee. Try new recipes.
    • Try: Honey-ginger grilled salmon, cauliflower rice, gluten free banana bread, meatless Mondays
  3. Fitness: Avoid being tempted to spend extra money on Pilates and cycling classes.
    • Goal: Speed walk at least two times a week. Continue yoga, bootcamp, barre routine.
    • Try: Running without stopping for 10 minutes (i.e.: 1 mile)
  4. Budget: I spent part of my leap day meeting with a financial adviser at Charles Schwab. She was so helpful and offered to much insight regarding my debt situation.
    • Goal: Pay off Capital One and Citicard credit cards ($2,728.00). Stop using credit cards, focus on using money I have (debit cards).
    • Try: Freezing my credit cards…literally. This way if an emergency comes up, I have enough time to think things through while my cards defrost; Snowball effect.
  5. Shopping
    1. Goal: Store any coats, jackets, nice dresses to clear up space in my closet.
    2. Try: Shop inside my closet.

 

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!

Temptation Island

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it all start with one click. that turns into scrolling through mass amounts of sale items to find the one that you’re like do iiiii really need this?

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and it’s like almost 300 dollars off!!! how can i not buy it?! it’s a steal.

should i? idk…ahhh HELP

story.of.my.life.