“Your total is $127.62,” said the cashier.
Oh damn…I only have $109 in my account…..better swipe my credit card.
And that is how it starts.
I have about $111,000 of total debt and $25,000 of that is CONSUMER debt.
Yepp…you read that correctly…$25,000 of credit card debt.
You might be wondering how this happened. Don’t worry, I ask myself that too. Like, I didn’t plan on my finances getting that carried away. They just did. Lack of planning on my part didn’t help.
You see, I always thought I was good with my money until one day I didn’t have enough to buy groceries. So I said f*** it…I have a credit card and that’s how I’ll eat.
If you’re like me, then you hate asking people for anything. I won’t even ask people for a nickel if I needed it, so that has led me to a path of relying on credit to help me through hard times.
Don’t let “tough times” fool you, though. Most of that debt was downright dumb decisions I made with my money.
For years I’ve struggled with finding joy in my journey. I was always stressed about money and I was always calculating the quickest ways I could pay off my debt while working 2 or 3 jobs at a time and getting absolutely nowhere. I was even getting more in the hole because I was overcomplicating things and spending even more than what I was making.
Now, I have a new approach that has literally changed my life and my entire outlook on money in general.
I want to show you the journey I’m taking with my debt repayment and what I’m doing to ensure that I won’t find myself in this situation again. I will be showing you all of the things I’ve learned along the way and what specifically has helped me develop a new mentality towards money. I hope that you’ll join me on this journey and hopefully find something helpful in it as well.
If nothing more, I hope you will at least get a sense of hope knowing you’re not alone.
I hope to create a community of support for others going through financial hard times and I truly want to encourage you reading this right now to look your debt in the face and then create an action plan to kick its butt. I know you have it in you!
If you’re feeling lost, don’t worry! I’ll be posting how I created my action plan in the coming weeks. What you can do now is sign up to receive all of my posts and head on over to my Instagram @myreallifebudget and subscribe to my YouTube channel, My Real Life Budget, to see my budgeting process and other tips, tricks, and challenges that will help you stay committed to your debt repayment goals.
Again, I want to take the fear out of confronting your debt and the repayment process, because if anyone knows how stressful living in the negative is, it’s this girl. Luckily for you, I’ve been around this mountain the last 10 years and have learned so much that I can’t wait to share with you.
Let’s be budget buddies!