Almost 8 months down ya’ll and 4 more to go. I think it’s safe to say that this year has been a mental marathon that doesn’t want to end. I really thought 2020 was going to be the year that I travel more and focus on adding more travel content to my blog. We started out the year with an amazing trip to Puerto Rico and when we got home I was ready to plan a trip to a new destination but COVID came along and all travel plans were null and void. As if Coronavirus wasn’t bad enough, social media feuds over politics & racism has everyone on edge. So how can we keep from focusing on the negativity that has come with 2020? Set small goals for yourself and celebrate when you achieve each one. For me, my goal is becoming debt-free!
In the past I’ve shared about finances and credit and I’ve always been great at fixing credit. Maintaining my finances has also never been a problem. However I have never been able to completely eliminate my debt. While I don’t owe a ton, it was always just enough to keep me from traveling and I can’t justify adding travel expenses on top of existing credit card debt. Since we can’t travel anyway there is no better time than now to shift my focus into paying off my existing credit card bills so that I can travel next year.
Small changes that save major money…
I live outside the city of Atlanta and I used to drive into the city every day for work. My daily commute was around 100 miles back and forth which equates to a lot of gas money. Since being in quarantine and working from home gas money and wear and tear are expenses I no longer have to worry about. Now that I’m at home I also save money because I’m not eating lunch out or grabbing expensive coffee everyday. I just make my own lunches and fancy coffee!
Shopping was also a big expense for me in the past but I have really cut back spending money on outfits this year. While occasionally I do receive gifted items or sponsored post items, the majority of outfits I purchase with my own money. This can obviously add up if you are swiping your credit card all the time. I have bought a few things here and there but when I do shop I buy things that are stocked all the time rather than items that have a high turnaround and sell out quickly. Plus I would rather have fewer pieces of good quality than hundreds of items that I wear once and get rid of. One thing is for sure…fashion will always be an addition but I’m even more addicted to watching the balances on my credit cards drop.
“More important than the how we achieve financial freedom, is the why. Find your reasons why you want to be free and wealthy.”
So you may be wondering how it’s going so far. Since then I have eliminated about 60% of my credit card debt and I am now under 10k for credit cards. It may not seem like a huge thing but getting my debt under 10k was a major milestone for me and it feels amazing! By the end of this year I hope to eliminate the remaining credit card debt and only be left with my mortgage payment. If I can do that then I know 2021 will be my year for travel…as long as we can get this COVID shit under control. I have high hopes for you 2021 so don’t let me down!
OUTFIT DETAILS & SIZING
For reference, I’m 5’1″ & weigh 104-106 lbs. I normally wear the following sizes: Shoes (6), Tops (XS), Jeans (24/00)
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