Happy New Year everyone! I hope everyone had a happy and safe New Year and hopefully this finds you enjoying the extra day off before returning to reality tomorrow!
As we did last year, I wanted to write my resolutions down and share with you all so that I would be obligated to do it. Last year, I vowed stop talking and just DO. To just act when the impulse to do otherwise was present. And I think, overall, I did just that! I ran the New York marathon, posted on this blog almost every single day, took the sewing class I had talked about for years, cooked more, got a dog, the list goes on! I kept busy and it was a h fairly productive year for it.
So this year, I have a two-fold resolution that I hope will continue to improve the quality of my life.
First and foremost, this is the year I’d like to get out of debt. Several years ago, I thought I was moving out of New York and believing I’d live expense free, ran up about $5,000 on a couple of credits card. Ill-advised on how to balance transfer those debts, that $5,000 became almost $18,000. I found myself drowning at 26 and it was a frightening place to be. Unable, really, to do anything else, I started chipping away slowly and surely at my principal. Five years later, I’m down to about $9,500 left to go. This does not count student loans, but those are at a much lower and more manageable interest rate.*
Recently, I took a close look at my spending and saw some ugly things. First and foremost, while not surprising but still painful – I spent more on takeout than I did on groceries. My travel expenses were also more numerous than I thought. Granted, I had to factor in Thanksgiving and Christmas flights within the last few months, but knowing I had those, I should have cut back on things like taxis – but oops, I didn’t do that. The list goes on. When I did some quick math on my own, in the last three months I spent about $5,000 more than I had coming in. I don’t think I have to state that this is NOT okay. Especially when I have debt.
So, I’m taking my financial future by the horns – better late than never – and buckling down. Using mint.com, I’m uploading all of my accounts and loans and setting realistic budgets that will leave me at a more healthy end of the money spectrum. The scary thing is that changing your finances also means some changes in lifestyle, but I think that the end goal is worth it and I’m up for the challenge.
Secondly, ever since I got an iPhone, I find myself wasting a LOT of time playing nonsense little games for hours on end. Time that should be spent reading, writing and HELLO, crafting. So on December 31, I deleted them all and replaced them with apps like Instapaper, which lets you read long form articles from newspapers and magazines you find during the day and read them offline. I always say I find I don’t have time to read like I used to – but that’s not true. I do have time, I’m just not using it properly! (See 2011 resolutions again.) So this is more silly, but ultimately something I think will be very beneficial.
Wish me luck!




































