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Browsing posts in: About Me
Aug 25, 2024    |       14 comments

Full Time Job = Full Time Income

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For the first time in over two years, your girl is bringing in full time income again!!! I have officially accepted a full time offer as a contractor increasing my hours, compensation, and giving me a modicum of security with my current role. There is no timeframe in my current contract (meaning there is no term, we are expecting this to be a long term relationship) AND I did get a 6 week notice built in should we agree to terminate. So I have a full time job for the foreseeable future!

I’ve got plans upon plans upon plans. All of them focused on getting completely out of debt while building a hefty savings account. That’s really all there is with this update. I just wanted to jump on and share.

Hope and a new short haircut

My monthly income from this role is $12,000, before taxes, of course. However, I am paying $50 of that before I receive it back into the company for a software subscription that I plan to use to build a passive source of income for my existing business. Not sure what that looks like yet, but do know that this is the platform I wanted.

So income to my account will be $11,950. Then I’ve got to figure taxes, etc. in the next month or so. But phew, I am so grateful for this role. I love what I’m doing. I’m really good at what I’m doing. And frankly, the owner has been a wonderful client for 6ish years so I trust him and we have a great working relationship.

Let’s go!

Aug 23, 2024    |       5 comments

Car Insurance Renewal

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Woot, woot! Our 6 month car insurance premium drops right at $1,500 next month! I attribute this to:

  • Improved credit scores for all of us but especially me since I’ve been paying off and closing credit accounts.
  • The 1st of Gymnast’s three wrecks will drop off at the end of this year. When he was shopping for his own insurance, they told him that this was a big factor in his premium.
  • Beauty coming off the family plan this past month when she got her own car.

Beginning in October, our monthly premium will go from $1,200-1,300 per month to $930 per month.

We are definitely going in the right direction!

Sidenote: Gymnast Car

Gymnast took over paying for his car at the end of 2023. And has done an amazing job. We were able to refinance the loan this past week to get his name on the title and loan so he now gets credit for his payments. And most importantly, we were able to get a much lower interest rate for him. Score!

Making Moves and Making Decisions

Things are going so, so well right now. I am steam rolling through debt payoff. 100% focused. And it feels so good.

I’ve begun making other decisions as well. Future plans. And making those is not only helping to keep me motivated, but also giving me a reason to keep focused on NOT spending. I spent a night with Princess this past week. (More on the why for that later.) She and I spoke a lot about my decisions, the intended and unintended consequences of those decisions, and lessons that I wish I had learned at her ago.

I will say, that if my bad decisions end up with my kids being so much more wise than me with money. So worth it! I am so amazed at their brains, and focus, and just all of it. And I love that we talk about it all. And they listen, and I listen.

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