Baby Step Three, Budget Tips

5 Things I am Adding Back Into The Budget in Baby Step Three

When I started my debt free journey, I cut a lot of things out of my budget. Now that I am done with baby step two, I am adding a few things into my budget! Check out these 5 things that I will spend money on again!

  When I first started budgeting, I was clueless as to where my money was going. I was spending money on pretty much anything and everything that I wanted, when I wanted to spend it. Restaurants, pedicures, clothes, makeup, food, and so many other things stole my money before I even had the chance to think about where it was going. Originally, I thought “I am paying in cash, so it could be worse. I could be putting it all on a credit card.” I was unknowingly throwing $1,500 out the door every month! But when I realized that I had no money going towards savings or any of my goals, I knew it was time to get a budget down on paper. I started budgeting and putting money towards my goals. This was when I started my debt free journey.  During baby step two, I cut out a lot of things from my budget. It was key to me paying off $15,000 in the first 12 months of my debt free journey. Cutting things from my budget was one of the big ways that I was able to pay off debt. A while back, I wrote a blog post on the things that I do still “waste” money on. A lot of those things are the things that people usually add back into the budget during baby step three. Things I am adding Back into the Budget in Baby Step Three: Coffee Shops I am excited to add coffee back into the budget. While I didn’t totally cut it out of the budget, I only gave myself coffee money a few times over my debt free journey. If I did get coffee, I used discounts, rewards programs, or gift cards. I used Ibotta to get free cash back on my grocery purchases and cashed them out for coffee gift cards! In the last two years, I have probably spent less than $50 of my own money on coffees. Now, during baby step three, I plan to add $25 a month back into my budget for coffee stops. I love…

Read More Here..

Budget Tips, Money

14 Things that Waste Money, but I Refuse to Eliminate from my Budget

The biggest financial advice I have seen is what items that you should never pay for once you start your debt free journey. Maybe I just don't fit in, but I don't see eye to eye on all of the items that are a "waste" of money. I believe that if it brings ease or joy to your life, why eliminate it! Check out my list of 14 things that I waste my money on!

Lately, I have seen a ton of articles that focus on things you shouldn’t waste money on in your debt free journey. According to these, you should just go cold turkey on everything that is a “waste” of money. There are a ton of things that could be considered a waste of money to one person, but not another. I am all about ways that I can save money. This month, I am in the middle of my #SavvySagittariusNoSpend Challenge. When I am not spending money on anything, it makes it easier to see what I really do waste money on. This isn’t how I am doing my debt free journey at all. There are still quite a few things that I purchase that are on most of these lists. I am always looking for ways to save money, but there are a few things that I am just not willing to stop “wasting” money on. Because I won’t give them up, I have found a few ways to save some money on these things. Your debt free journey doesn’t mean you have to be miserable. Continue to enjoy the life you have, but do so responsibly.

Money

6 Reasons I Still Waste Money On My Gym Membership

Gym memberships are the biggest fought over piece of financial advice. I have done a ton of reading from other financial blogs and almost EVERY single one of them says to get rid of your gym membership. If you landed here, I am sure that you have also read a ton of financial advice that says that is the first thing you should cancel. I talked about my debt free journey, but my gym is not something I will cut to get there! Overall, it is probably one of the things that people do waste money on, but if you use your gym membership, DO NOT cancel it! As much as I complain about it, the gym is like my second home sometimes. Getting there is the hardest part of working out, but once I am there, I can easily lose track of time . Even if I am not great at it, I try my hardest to maintain my health. I want to stay healthy for many years to come. It even topped the list for my 14 things that I Waste Money On. 1) Exercise is the #1 Under Used Stress Reliever After a really long day at work, I have found myself in the gym. Lifting or running can be a great distraction and a huge stress reliever. Working out also releases chemicals in the brain that cause a person to de-stress. I am not going to sugar coat it, I am almost always stressing about something. Whether it be boys, my future job, my military career and where it is going, or a roommate situation, there is almost always something to stress about. When I am waiting for a boy to call, I go to the gym instead of sitting around. I have started lifting in the past few months and I actually really enjoy it. In high school, I used to run as a stress reliever. I would just lace up my shoes and take off with my Ipod. . That may be because when I was in high school, every little stress meant the…

Read More Here..