Ep24: HY$YD Six Month Update 💸💸
This week marks the point where I've been doing this show for 6 months. It also represents 6 months of me paying more attention to my financial health than I ever have.
This week marks the point where I’ve been doing this show for 6 months. It also represents 6 months of me paying more attention to my financial health than I ever have. That attention has come in the form of:
- Doing a deep dive into where my money was going
- Greatly reducing my discretionary spending
- Took on a few challenges around frugality and cooking/eating at home
- Set up systems to make sure I can’t deviate from the plan
3-month goal – July 2019
- Goal 1: Replenish my emergency fund to $1000
- Goal 2 is more of a challenge for myself: I’m going to call each of my credit card companies and ask them to lower my interest rate. I make my payments on time and think that the exercise would be a good one to do since the worse they can say is no.
6-month goal – October 2019
- Goal 1: To have at least $1000 paid off on my highest interest rate card
- Goal 2: Fund my emergency fund to $2000
Some of the tools that I’m using:
- Google Spreadsheets
- Catch – for squirreling away withholding taxes and paying into retirement (referral bonus!
- Referral bonus! “Every time someone creates a plan with your referral link and contributes $10 you’ll both receive a bonus toward Time Off.” If you’d like to try Catch, we both benefit! Sign up here
- Simple – the bank that I use for tracking and saving goals
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