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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.

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!

Hope

Hope is a resourceful, solutions-driven online business manager with over two decades of experience helping clients streamline operations, manage projects, and grow their businesses through digital marketing and technology.

But life has a way of rewriting your plans.

A year ago, Hope made the decision to move in with her aging parents full time – a season she wouldn’t trade, even as it came with its own financial and emotional weight. Earlier this year, she lost her mother, and is now walking the tender, disorienting path of grief while learning what “forward” looks like from here.

Hope came to the Blogging Away Debt community in 2015 as a single mom raising five foster and adoptive children. She’s written through job changes, financial setbacks, and the bittersweet transition to an empty nest. Her kids are finding their footing in the world now – and so is she.

Rooted in faith and fueled by the same perseverance she’s brought to every hard season, Hope is ready to face her finances with fresh eyes and an honest pen. She believes that clarity, courage, and community can change the trajectory of anyone’s story including her own.

She lives in Austin, TX with her dad, loves adventures with her dog Addie, and is figuring out, one step at a time, what this next chapter is meant to be.

Car Insurance Renewal

by Hope

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.