If you follow my Instagram stories, you’ll know I’ve been on a journey toward debt freedom since May of last year (check out my blog post on how I began with a “no spend” month). In that time, I’ve completely paid off my credit card, ramped up my savings, and operate on a paycheck-based budget. In the coming weeks, I’ll be sharing more about this overall journey. In the meantime, discover why I have seven savings accounts and what I use them for.
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My “No Spend” Month
// Real Life
May marks the beginning of a few things here in Sarasota: snowbird season is over and the town is returned to the locals, the ungodly heat of summer begins, and many plants (like my orchids) are about to finish their bloom cycles. But this year, May also marked an unusual challenge I imposed on myself. I’ve been thinking a lot about my money habits. It’s not that I was completely irresponsible, but regardless of my income, I was basically living paycheck-to-paycheck. It was a cycle that was getting me nowhere fast.
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How Investing in My Wardrobe Saved Me Money
// Fashion, Real Life
Fall 2015, I stood in my closet completely exasperated. My heart sank as I shuffled through a packed closet of hangers. Sure, I had plenty of things to wear, but none of it felt like me. And I realized how much money was sitting, unused and undervalued. Yes, a skirt that cost $10 seemed like a bargain at the time, but when I wore it…well, it felt like that $10 was wasted.