Monday, February 02, 2015

January 2015...

January was a good month and I made some decent progress. I could have made a little more but the market took a turn and hit my retirement balances. Overall, I am pleased for the first month of the new year. I am set to make my first $1,000 Snowball payment on my student loans in February. I am excited about being debt free! It's been a long time coming. 

Friday, January 02, 2015

December 2014 & FYE 2014 Recap...

Going into 2014, I was down and out emotionally, physically and spiritually but I stayed focused and prayed up. I had no idea how the year would turn out or that it would be as fruitful and amazing! God is faithful and always good!  

  • Pay off a Minimum of $20,000 in Debt - I paid off a total of $11,083.  
  • Maintain $10,000 in Savings - $11,110 in cash and marketables. 
Progress Comments:
  • It's hard to complain about the progress I made this year financially. In August, I got a new job in a different department in the Bank where I feel valued and I enjoy the work. My base salary increased from $102K to $115K. There was a mix up with my year end bonus which ended up being $4K-$5K less than it should have been so that resulted in not being able to make a larger debt pay down at year end.  
  • I finally made the move and rented out my condo in September. I found awesome tenants and the move was a bit expensive with the Realtor fees and moving costs. It took me a few months to recoup the expenses but overall, it was a good year of debt reduction and saving.  
    Health & Fitness:
    • 8 Hours of Sleep
    • Minimum of 1 Gallon of Water Daily 
    • Run 3 Times a Week
    • Jump Rope 15 Minutes Daily
    • Run Races and at Least 1 Half Marathon  
    Progress Comments:
    • I did not do well in this category this year. I was on the run non stop and I didn't place it high enough on the priority list. My annual physical in December went well and I am healthy.
    • Take at least one big trip - Destination TBD
    • Visit my friends in NJ
    • Visit my friend in DC 
    • Visit Niagara Falls
    • Visit CA with a drive up the coast  
    Progress Comments:
    • I took my first solo vacation to Punta Cana in the Dominican Republic. Amazing! I was there for 5 days and had a relaxing and amazing time. I am so proud of myself! 
    • My friends from NJ actually made it to Chicago instead. 
    • My friend from DC also made it to Chicago twice this year.  
    • I made it to Niagara Falls in June and August 2014!!! Beautiful!  
    • Still need to get out to California but I made it back to Toronto in August for the Carabana Festival! 
    Overall Comments:

    2014 was an awesome and humbling year. I made really strong and great moves to put myself in a better position to be free! The move home with my parents was the best decision and I am so thankful for my parents and for my Dad's suggestion. They are super happy to have me home as well. 

    My debt repayment journey really began in December 2009 when my Net Worth hit its lowest point at ($203K). I've been battling back every since. Last year it was ($141M ) and this year, it has continued to improve to ($115K). 


    2015 will be another awesome year. I found the right balance between Debt Reduction, Saving and Living. I am snowballing an extra $1,000 on my debt monthly and saving $700 per month. My car is almost 13 years old so I am preparing for a car note and increased insurance. It is my hope and prayer that my Nissan Altima (a/k/a The Green Machine) will make it another year so I am super thankful for this mild winter since my car is now outside.

    I have a new love in my life! I am literally typing this message from Ohio where I am visiting CJ this week. We wanted to ring in the New Year together. I was sitting on the beach in the Dominican Republic in July when I received an email from CJ and we've been talking and an item ever since. We've known each other since we were 11 years old and He's actually my 7th grade boyfriend. His Mom died from breast cancer halfway through the school year and he had to move to Maryland to live with his Dad. We tried to stay in contact over the years and somehow, he'd always contact me every few years and still remembers my parent's phone number after 25 years. Just an overall good man and he loves me. Always has in our own little way. It's another long distance relationship but we're making it work. The long distance aspect actually works this time since I am also living at home with my parents right now.

    Thank you for hanging in there with me this year! More good things to come! Happy New Year! =)

    Thursday, November 27, 2014

    Happy Thanksgiving....

    Wishing you and your families a very Happy Thanksgiving!!!! =)

    Wednesday, November 19, 2014

    Saturday, November 01, 2014

    Called Out....

    LawGrad called me out! LOL Sorry I've been MIA! I've been working hard in my new position, enjoying quality time with family and friends and enjoying a budding relationship. 

    I am doing really well. I'm enjoying my new job. Moving was the best decision and I am all settled in and enjoying the company. Seriously, I am happy and really enjoying life. 

    My finances are better. It took the last two months to recoup from the move but things are on auto pilot and I will be able to still reach my goals for 2014. I'll find out within the next month and a half my bonus figure and I'm still intending to pay off at least $20,000 in debt this year. It will probably be more and I will have about $5,000 in savings. Not bad at all. 

    Starting in January, in addition to my 401k contributions, I will increase my monthly savings from $450 to $700 and still snowball an extra $1,000 per month towards student loan debt. 

    Things are moving in the right direction and it feels amazing to finally gain some traction after all these years. I just needed a little bit of help and I am thankful that I have the most awesome parents.

    Hope you guys are doing well! Leave me a comment and let me know how you're doing. =)