I find myself stressing out over things that have not even happened yet.
My biggest goal at the moment is to purchase my own home. I have been a renter before and I find that it is a waste of money. Why spend so much each month on a place to live when at the end of the lease you have nothing to show for it? Why not put that money towards a mortgage? Granted it takes a while, but eventually the residence becomes yours.
Step one of the goal: Save up some money while paying down debt.
Step one is well under way. What I'm stressing about now is if I'll have the money to afford a house. I keep thinking that yes, I have so much money each month that I could put towards a mortgage. And I think, yes, I can afford to have a house!
But then I think, what about the power bill? And the water bill? And the internet bill? And all of those things that I'll need to have to be in a house. Yes, I could get a roommate, but something inside of me wants so desperately to have MY house and be on my own.
Then I get discouraged.
And then I think: Why am I getting discouraged already? Shouldn't I just trust that if it's meant to be and if I work hard and smart towards my goal that it will happen?
If I think about it, it's going to take time to save up the money that I'll need for inspections and closing costs. During that time, I could pay off one of my student loans. That right there will free up $60 a month. That could be half an electric bill. Or it could be a water bill or an internet bill.
I am not giving up. I want my house. I need my house. I am 24 years old and I think I'm a little old to be dependent on others. I want to be self sufficient. I think I can do this.
Then I think: You know what would help supplement your income? Writing a book. And getting it published.
Yeah, I think I'll do that.
lindsayallison
Showing posts with label finances. Show all posts
Showing posts with label finances. Show all posts
Thursday, June 9, 2011
Saturday, May 21, 2011
you are here
For the past couple of years, I have really struggled with the feeling of being lost and directionless. I have thought about and talked about what I might want to do with my life. I have searched for meaning and I have wondered what (if anything) I had already accomplished in my short life.
Well, dear friends, in this past week I have finally figured out what it is I want to do with my life. It kinda hit me like a frisbee to the face or a 2 x 4 to the knees. For the time being, there are some things I would rather keep to myself seeing as I don't have all the kinks worked out yet. I've decided that I don't want to create a very specified plan on how to accomplish my goals, because I feel like that has been my downfall in the past. I try to plan too much and then when things don't go exactly right I start to feel like I've failed. I've finally realized that you can't plan out life down to every detail because things happen that you don't plan on.
Anyways, I'm feeling pretty confident about the goals I have in mind. I've already started taking steps to accomplish them.
I can tell you that my biggest goal right now is to buy a house. I have already started working towards this goal by being more careful with my finances and paying down my debt. I'm really excited to start putting some money away. I have a new coworker who sells real estate who is really excited to help me start this process.
She's been great because she understands that I'm new to this process and she wants to make sure I get something I love, something I can afford, and she wants to make sure I do this the right way. She loves working with buyers because she loves getting excited with them as they start looking for a new home.
I really want to pay down my debt. I am 24 years old now. I want to be completely debt free by the time I'm 26. I have less than $12,000 in student loans left and that is the ONLY debt that I have. I do not have a credit card and I never have. I plan to never have a credit card in my name. I have adopted the philosophy that if I need a credit card to purchase something, I can't afford it and therefore don't need it. The only debt I plan to have at age 26 is a mortgage.
So that's my big news. And all I have to say at the moment. :)
lindsayallison
Well, dear friends, in this past week I have finally figured out what it is I want to do with my life. It kinda hit me like a frisbee to the face or a 2 x 4 to the knees. For the time being, there are some things I would rather keep to myself seeing as I don't have all the kinks worked out yet. I've decided that I don't want to create a very specified plan on how to accomplish my goals, because I feel like that has been my downfall in the past. I try to plan too much and then when things don't go exactly right I start to feel like I've failed. I've finally realized that you can't plan out life down to every detail because things happen that you don't plan on.
Anyways, I'm feeling pretty confident about the goals I have in mind. I've already started taking steps to accomplish them.
I can tell you that my biggest goal right now is to buy a house. I have already started working towards this goal by being more careful with my finances and paying down my debt. I'm really excited to start putting some money away. I have a new coworker who sells real estate who is really excited to help me start this process.
She's been great because she understands that I'm new to this process and she wants to make sure I get something I love, something I can afford, and she wants to make sure I do this the right way. She loves working with buyers because she loves getting excited with them as they start looking for a new home.
I really want to pay down my debt. I am 24 years old now. I want to be completely debt free by the time I'm 26. I have less than $12,000 in student loans left and that is the ONLY debt that I have. I do not have a credit card and I never have. I plan to never have a credit card in my name. I have adopted the philosophy that if I need a credit card to purchase something, I can't afford it and therefore don't need it. The only debt I plan to have at age 26 is a mortgage.
So that's my big news. And all I have to say at the moment. :)
lindsayallison
Monday, April 4, 2011
back to work!
I am so excited about my new job! Orientation was on Friday, April 1, and I was just stunned by the information I learned about my new company.
They are 100% dedicated to employee and customer happiness and to giving back to the community. They are green in every possible way they can be green. This company is not about the bottom line, it's about the people. I wish more companies understood that to make the bottom line, you can't worry about the bottom line. You have to make your employees and customers happy and that will take care of your bottom line.
Panama City was fantastic. I had a glorious time! It was so nice to have five whole days with absolutely nothing to do! Unfortunately it was raining most of the time so I didn't get much beach time. But I had a fabulous time anyway.
Not much else to report. Just excited to go to work tomorrow.
lindsayallison
Monday, February 7, 2011
letting go
I have found myself more at ease, content, and dare I say it? Happy the past few weeks. I have found that the simple (not easy, but simple) act of letting everything go has helped my stress level immensely. I simply decided to just...not worry anymore.
It sounds ridiculously easy but it's taken me a long time to get to this place. It's definitely one of those "easier said than done" things.
I don't know how to describe what life feels like these days. I am enjoying life for the first time in a long time. I'm trying have a better relationship with my friends and my family, I have new hope for my financial situation, and I'm taking active steps to have a better professional life.
If you have a great deal of stress in your life, all I can tell you is to let it all go. Just don't hold onto it anymore. The only person causing you to keep all of that crap in your life is you.
Learn to accept people and situations for who and what they are. You can't change anyone but yourself. So focus on you, do what makes you happy. Let the stress go. There is no reason to hold onto it.
lindsayallison
It sounds ridiculously easy but it's taken me a long time to get to this place. It's definitely one of those "easier said than done" things.
I don't know how to describe what life feels like these days. I am enjoying life for the first time in a long time. I'm trying have a better relationship with my friends and my family, I have new hope for my financial situation, and I'm taking active steps to have a better professional life.
If you have a great deal of stress in your life, all I can tell you is to let it all go. Just don't hold onto it anymore. The only person causing you to keep all of that crap in your life is you.
Learn to accept people and situations for who and what they are. You can't change anyone but yourself. So focus on you, do what makes you happy. Let the stress go. There is no reason to hold onto it.
lindsayallison
Friday, February 4, 2011
financial freedom
I'm ecstatic to say that I finished reading Dave Ramsey's "Total Money Makeover". It was a fantastic book and I'm really taking the message to heart.
For those of you who know me, I don't handle money very well. Think Becky Bloomwood from "Confessions of a Shopaholic" and that's about how I handle money. I can justify each and every purchase in some way that makes me feel better about spending money I shouldn't.
Ok, so maybe I'm not quite as bad as Becky. I'm fortunate enough to have a good enough head on my shoulders to have NOT gotten any credit cards. Even when the temptation to get one was great. But the problem I have is I like to spend money. I'm good at it. Whether it's my money, someone else's money, or money in my possession that belongs to someone else, I can spend it and I will. Money has always burned a whole in my pocket.
BUT no more! I've decided to take on the "Total Money Makeover" and live like no one else so that later I can live like no one else. If you haven't read this book, you should. Even if you are "good" with money, you should read this book. It will help you build wealth so that you can have financial freedom and security for the rest of your life.
One of my new year's resolutions was to be more financially responsible. I want to pay all of my bills on time so that I don't worry about money the way I used to. Well according to Dave, the first step is to get current on all of my bills.
This is going to be rough because there is one payment I'm two months behind on and another payment I'm one month behind on. But I am determined to be caught up on ALL of my bills by the end of the month. After I get caught up, I can start on Baby Step 1.
Baby Step 1 is to start an emergency fund of $500. (Well, $1,000 if you make more than $20,000 a year - which I don't.) I plan to try to start that a LITTLE bit this month, but I should really have it by the end of March.
After that, you start the Debt Snowball. Since I'm young, I don't have a lot of debt. All of my debt is to family members or in student loans. Today I was figuring out how much I owe and I found that I actually owe about $2,300 LESS than I thought I did in student loans! That really made my day!
What you do is list all debt from smallest to largest. You make minimum payments on all but the smallest debt. You attack that smallest debt with every spare penny you can find until it is completely paid off. Once it's paid off, you use the money you were using for that debt and apply it towards the next one on your list and do the same as you did before. Every spare penny to that debt until it is paid off. Luckily for me, I don't have much so this shouldn't take me too long.
The third step is to complete your emergency fund so that you have enough to cover 3-6 months of expenses should you lose your income. I need to figure out exactly how much that will be, but it should be a few thousand dollars.
The fourth step is to start saving for retirement. You should put 15% into a retirement fund with an interest. I don't know much about investing so I'll have to talk to an expert about how to do that exactly.
The fifth step is saving for college. Whether it's for you or your kids you start putting money towards college educations. I don't have any children and I'm not entirely sure what I want to go to school for or if I want to go at all. Luckily this step is further down the road so I don't need to worry about it just yet.
The sixth step is paying off the mortgage. I don't have one of those yet, but I do want to buy a house. So this step for me will be saving for a down payment on a house. The closer I can get to 100% down the better off I will be.
The seventh and final step is to build weath. Start having fun, investing my money in secure places and start giving it to those less fortunate than me.
I can't wait to get there. I'm so excited about this because I have hope. I'm not too bad off to start with and now I have hope that by the end of 2012 (conservatively) I will be completely debt free and on my way to getting the things I want out of life.
I hope that anyone who reads this will do the same. I haven't won yet, but now I know how to play the game and I WILL win. I will be financially fit and free from debt before I'm 30.
I couldn't be happier!
lindsayallison
PS - ok, maybe I'll be happier when I actually finish, but that's not what's important right now.
For those of you who know me, I don't handle money very well. Think Becky Bloomwood from "Confessions of a Shopaholic" and that's about how I handle money. I can justify each and every purchase in some way that makes me feel better about spending money I shouldn't.
Ok, so maybe I'm not quite as bad as Becky. I'm fortunate enough to have a good enough head on my shoulders to have NOT gotten any credit cards. Even when the temptation to get one was great. But the problem I have is I like to spend money. I'm good at it. Whether it's my money, someone else's money, or money in my possession that belongs to someone else, I can spend it and I will. Money has always burned a whole in my pocket.
BUT no more! I've decided to take on the "Total Money Makeover" and live like no one else so that later I can live like no one else. If you haven't read this book, you should. Even if you are "good" with money, you should read this book. It will help you build wealth so that you can have financial freedom and security for the rest of your life.
One of my new year's resolutions was to be more financially responsible. I want to pay all of my bills on time so that I don't worry about money the way I used to. Well according to Dave, the first step is to get current on all of my bills.
This is going to be rough because there is one payment I'm two months behind on and another payment I'm one month behind on. But I am determined to be caught up on ALL of my bills by the end of the month. After I get caught up, I can start on Baby Step 1.
Baby Step 1 is to start an emergency fund of $500. (Well, $1,000 if you make more than $20,000 a year - which I don't.) I plan to try to start that a LITTLE bit this month, but I should really have it by the end of March.
After that, you start the Debt Snowball. Since I'm young, I don't have a lot of debt. All of my debt is to family members or in student loans. Today I was figuring out how much I owe and I found that I actually owe about $2,300 LESS than I thought I did in student loans! That really made my day!
What you do is list all debt from smallest to largest. You make minimum payments on all but the smallest debt. You attack that smallest debt with every spare penny you can find until it is completely paid off. Once it's paid off, you use the money you were using for that debt and apply it towards the next one on your list and do the same as you did before. Every spare penny to that debt until it is paid off. Luckily for me, I don't have much so this shouldn't take me too long.
The third step is to complete your emergency fund so that you have enough to cover 3-6 months of expenses should you lose your income. I need to figure out exactly how much that will be, but it should be a few thousand dollars.
The fourth step is to start saving for retirement. You should put 15% into a retirement fund with an interest. I don't know much about investing so I'll have to talk to an expert about how to do that exactly.
The fifth step is saving for college. Whether it's for you or your kids you start putting money towards college educations. I don't have any children and I'm not entirely sure what I want to go to school for or if I want to go at all. Luckily this step is further down the road so I don't need to worry about it just yet.
The sixth step is paying off the mortgage. I don't have one of those yet, but I do want to buy a house. So this step for me will be saving for a down payment on a house. The closer I can get to 100% down the better off I will be.
The seventh and final step is to build weath. Start having fun, investing my money in secure places and start giving it to those less fortunate than me.
I can't wait to get there. I'm so excited about this because I have hope. I'm not too bad off to start with and now I have hope that by the end of 2012 (conservatively) I will be completely debt free and on my way to getting the things I want out of life.
I hope that anyone who reads this will do the same. I haven't won yet, but now I know how to play the game and I WILL win. I will be financially fit and free from debt before I'm 30.
I couldn't be happier!
lindsayallison
PS - ok, maybe I'll be happier when I actually finish, but that's not what's important right now.
Sunday, January 30, 2011
I'm Back!
I'm back everyone!
I had honestly forgotten that I had started this blog, silly of me really. I had gotten so busy with work and life that I just never even saw the "Blogspot" link under my favorites...even though I look at them every day.
What's going on with me?
To put it simply: A LOT!
First, I'm losing weight at a rapid pace and I am loving it. I love how I feel about myself, I love how my clothes fit. I can't wait until I can fit into some of the clothes I wore in high school. I'm so close and I know if I continue keeping an eye on my portion control, I'll be there before I know it.
Second, I've dedicated 2011 to writing! That's right! I'm working on my own pieces, I'm doing more reading, and I have taken up journaling again. Well, I've taken up journaling again - ish. I write when I need to, but it's not every day. I'm hoping that I can bring the blog up to an almost daily basis. I mean how cool would it be to have a small following of friends here on my blog?
I've decided to really put myself into this. I invested in some filing items of sorts. Just a place to keep all my different stories and ideas until they are all finished to perfection. I can keep all of my notes and ideas about one story in one place so I don't have to constantly go digging for them amongst a dozen notebooks and binders.
Third, I've recently (within the past two months or so) started an actual relationship with my older brother. I have an older half brother by my dad and despite the fact that I'm almost 24 years old, he and I have never had a relationship. Well, I found him on facebook and friended him. We've had a fairly regular contact ever since and it's been nice. We don't always see eye to eye, but we do have some common ground. It's been fantastic feeling like someone's younger sister for the first time in my life.
My holidays were fantastic. The best I've had in a few years. I was beyond ecstatic about the gifts I both gave and received. I was shocked and pleased that everyone behaved themselves this year. It was definitely a wonderful time.
I was saddened at the loss of my great-grandmother, Margaret "Memere" Gallant on the 28th of December. She was 98 and had lived a good, long life and was ready to go home. I was fortunate enough that when my mom and I went up to Boston in November, she remembered us long enough for us to say goodbye. We both knew that we'd probably never see her again.
This new year has done wonders for me. I'm reading a fantastic book, "Total Money Makeover" by Dave Ramsey so that I can learn better financial responsibility. I am doing something that I love and I've been trying desperately to have a better outlook on life in general (especially my dumb ass job - ok, so I'm still working on that one). I feel better this year and it's been amazing.
I will do anything to make sure this feeling lasts.
lindsayallison
I had honestly forgotten that I had started this blog, silly of me really. I had gotten so busy with work and life that I just never even saw the "Blogspot" link under my favorites...even though I look at them every day.
What's going on with me?
To put it simply: A LOT!
First, I'm losing weight at a rapid pace and I am loving it. I love how I feel about myself, I love how my clothes fit. I can't wait until I can fit into some of the clothes I wore in high school. I'm so close and I know if I continue keeping an eye on my portion control, I'll be there before I know it.
Second, I've dedicated 2011 to writing! That's right! I'm working on my own pieces, I'm doing more reading, and I have taken up journaling again. Well, I've taken up journaling again - ish. I write when I need to, but it's not every day. I'm hoping that I can bring the blog up to an almost daily basis. I mean how cool would it be to have a small following of friends here on my blog?
I've decided to really put myself into this. I invested in some filing items of sorts. Just a place to keep all my different stories and ideas until they are all finished to perfection. I can keep all of my notes and ideas about one story in one place so I don't have to constantly go digging for them amongst a dozen notebooks and binders.
Third, I've recently (within the past two months or so) started an actual relationship with my older brother. I have an older half brother by my dad and despite the fact that I'm almost 24 years old, he and I have never had a relationship. Well, I found him on facebook and friended him. We've had a fairly regular contact ever since and it's been nice. We don't always see eye to eye, but we do have some common ground. It's been fantastic feeling like someone's younger sister for the first time in my life.
My holidays were fantastic. The best I've had in a few years. I was beyond ecstatic about the gifts I both gave and received. I was shocked and pleased that everyone behaved themselves this year. It was definitely a wonderful time.
I was saddened at the loss of my great-grandmother, Margaret "Memere" Gallant on the 28th of December. She was 98 and had lived a good, long life and was ready to go home. I was fortunate enough that when my mom and I went up to Boston in November, she remembered us long enough for us to say goodbye. We both knew that we'd probably never see her again.
This new year has done wonders for me. I'm reading a fantastic book, "Total Money Makeover" by Dave Ramsey so that I can learn better financial responsibility. I am doing something that I love and I've been trying desperately to have a better outlook on life in general (especially my dumb ass job - ok, so I'm still working on that one). I feel better this year and it's been amazing.
I will do anything to make sure this feeling lasts.
lindsayallison
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