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šµSharing my financial journey & helping you start yours š©š½āš»Author, Blogger, and Money Coach š°Paying off $154k of debt as a newlywed šUpstate SC
Hereās exactly what she did ā¬ļø I mean not going to lie The first thing she did was join Flourish FinanciALLI. And no she didnāt just eat beans and rice and give up date nights and margaritas to get these results š She was tired of spending money before it hit her account. She had big goals and did NOT want to settle. Comment or DM me āFLOURISHā so you can join the exact program that changed the game for her. The doors are open for 48 hours ONLY. Iām headed to Aruba next week so no extensions š Within 3 months your life could look like: šµYour budget is a well oiled machine and you feel unstoppable. šµYouāve paid off more debt in the last 3 months than you have in the past year. šµYou can go to Target and get the shirt you want without impulsively buying 15 other things and you realize spending isnāt bad, it just has to be in the budget. šµYou feel confident that if a repair, vet bill, or random expense came up you would know how to handle it without panicking šµYour debt is decreasing, your savings is increasing, and youāre not longer stressed about paying for Pizza Fridays every week Itās YOUR turnš«¶š½ Comment or DM me āFLOURISHā so you can get started TODAY! Literally today.
I swear there is no scam going on here. Just some well thought out strategyš So how did I do this? 1ļøā£First you need to have a realistic budget you can actually stick to so you can save for repairs and pay off any existing credit card debt. If you DONāT have this, then comment āMASTERCLASSā to grab your spot in my free masterclass this week. You will walk away knowing exactly how to create a simple budget that works for all seasons of life. 2ļøā£Then you will open a new credit card. Listen, I am no travel hacking expert but I know enough to get free tripsāļø For this crawl space, I knew that it was coming up so I did some research on credit cards with great travel rewards and sign up bonuses.Ā We opened up a new card because I knew we would hit the sign up bonus requirement right away from this one expense and we split the $19k between the new card and a current card we have (to hit another milestone). Just from doing this, we will be able to travel to the beach for free next year with these reward points. That is how we are going to Aruba for our 5 year anniversary next week. How we are taking 2 family beach trips in September. šµ We saved up the money for repairs. š³ Opened a credit card (and used an existing credit card)āØš° Put the expense on the card to get the points š Paid off the card. Done. Helloooo beach trip šļø Listen, if I can do this (and the hundreds of people Iāve helped)...you can too. But it starts with a budget. It starts with a plan to pay off debt, save, AND spend at the same time. So Iāll see you THIS WEEK at my free masterclass.āØ2 days 2 times. You choose what works best for you. Next masterclass wonāt be until October so donāt miss thisā¦seriously. Itās time for your free beach trip š Comment āMASTERCLASSā to grab your spot now and let me know when youāre in!
I GET you donāt have time to waste trying 20+ ātop budgeting tipsā that require hours of undivided attention to actually implement. Or 15 different excel tabs with 20 charts. I know that you are READY to get results and you need strategies that are simple and easy that you can fit in during lunch time, nap time, or Netflix time at night. That is WHY I created my free masterclass, From Six-Figure Debt to Six-Figure Net Worth Weāre going to cover: 1ļøā£ money myths you have to stop believing if you want to finally break the cycle 2ļøā£ how to prepare for unexpected expenses (yes you can prepare) 3ļøā£ how to realistically budget without deprivation 4ļøā£ how to get results faster Comment āMASTERCLASSā to get the details and grab your spot. 2 days 2 times. You choose what works best for youš«¶š½ #moneytips #budgetingtips #travelgoals
But seriouslyā¦ I am definitely @gamecockfb ās top fan (at least top 20) If you meet me at a bar thereās a 99.9% chance Iāll ask you about college football and if youāre like āI donāt watchā our convo is most likely overš¬ Football season tickets were the ONE thing I would not give up while paying off $154k of debt. Was it a true need? No but pretty dang close. Every Saturday we drove to cola. Tailgated with my sisters and friends. And cheered on the gamecocks whether we won or lost (def most losing than Iād like but still love them) It is an experience. My home away from home. People said I was dumb to spend money on football games when paying off debt but listen, the debt got paid off and I got to go to my games sooo seems pretty ideal to me. Life is wayyyy too short to put everything on pause while paying off debt. Yes you need a debt payoff plan but your debt doesnāt define you. Yes you need to spend intentionally but if it takes you an extra few months to pay off debt so you can go on a trip or cross something off your bucket list, I say do it. You need to learn how to pay off debt, save, AND spend at the same time and thatās what Iāve helped hundreds of people do through my coaching programs. āØ Comment āMASTERCLASSā to grab a spot in my free masterclass so I can teach you how to do the same.Ā 2 days. 2 times. Choose what works best for you. āØAND if you attend live you will get my financial refresh workbook for FREE (and that alone makes it worth attending š) What is something you didnāt give up while paying off debt?ā¬ļø
So what the heck DID I do to pay off six-figures of debt while saving and spending?ā£ ā£ I created a realistic and flexible budget. I made sure my goals were very clear and when things changed I made adjustments. I created MANY mock budgets and became pretty dang good at scenario planning.ā£ ā£ I developed strategies for exactly how to pay off debt, save, AND spend at the same time (and now Iāve helped hundreds do the same).ā£ ā£ Why should you listen to what I have to say though!?ā£ ā£ I worked with Suu and she was able to pay off 2 credit cards, save her initial emergency fund, go out with friends, and go on vacation during our time together. PLUS she still uses all the strategies 2 years later.ā£ ā£ Ready to learn exactly how you can manage multiple money goals at the same time?!ā£ ā£ You need to attend my six-figure debt to six-figure net worth FREE masterclass 2 days 2 times you choose whatās best for you. Comment āMASTERCLASSā and I will send you all the details. Seriously this is a game-changer!ā£ Also these castle gardens were GORGEOUS š highly recommend if youāre in the Netherlands! #moneytips #debtfreejourney #budgetingtips #debtfreecommunity
I know it SUCKSSSSS To be stuck in that cycle. To work so hard to pay off your credit card and then when an emergency comes up you have nothing saved so you have to put it on the credit card you just paid off. Then you feel like sh*t. Youāre defeated. Like why even continue to try. But there is a way out of the cycle I promiseā¦so hereās what youāre going to do. Once you have a realistic budget that works for youā¦. āØoh and if you donāt, comment āMASTERCLASSā so you can grab your spot in my upcoming masterclass where I will show you howāØ 1ļøā£ the extra you have each month to allocate to debt and savings youāre going to split. Maybe you decide 80% to debt, 20% to savings or maybe 60/40ā¦your choice. 2ļøā£ Youāre going to build your emergency fund WHILE paying off debt. Yes it will take longer to pay off debt but you need savings. 3ļøā£ Once you have a starter emergency fund, you will start sinking funds for repairs, travel, pets, whatever else you need. Ideally, your repair sinking fund will eventually cover car repairs so you donāt always have to touch your emergency fund. Yes this takes time. Yes this is a process. But Iāve helped hundreds of people do this so I KNOW I can help you too. Ready to get started? Comment āMASTERCLASSā and grab your spot in my From Six-Figure Debt to Six-FIgure Net Worth Masterclass. Oh and if you attend live you get my financial refresh workbook for FREE (this workbook gives you simple action steps you can complete in 10 minutes or less to get results now).
Letās back upā¦ Is there anything better than chocolate covered pretzels, a comfy robe, and FRIENDS?! But in all seriousnessā¦ There are some things you need to do BEFORE you even create your budget. I am going to teach you HOW to budget so you donāt run out of money in my free masterclass. Comment āMASTERCLASSā to grab your spot! Limited spots are available. Before you budget here is what I need you to do: 1ļøā£Decide today is the day everything changes and you wonāt just throw in the towel when your budget gets messed up (because it will)āØ 2ļøā£Complete a money audit 3ļøā£Set 1-3 specific goals (donāt overcomplicate it) 4ļøā£Make sure you are budgeting per paycheck (not monthly budgeting) 5ļøā£Set time each week to update your budget and make adjustmentsāØ Comment āMASTERCLASSā so you can learn exactly how to budget, prepare for unexpected expenses, and get results faster
Comment āMASTERCLASSā to grab your spot in my FREE From Six-Figure Debt to Six-Figure Net Worth Masterclass. Iāll show you HOW to create your budget so you can reach your big goals without depriving yourself (get the latte or margaritaā¦or both š) Weāll walk through this exact template together!!
Hereās the truthā¬ļø Your debt does not define you. You donāt need to stop living your life when paying off debt. But if youāre not seeing the progress you wantā¦make sure youāre following @financiallifocused and try the 5 things on my list ā¬ļø If youāre struggling with overspending and you keep saying āthis is the year I pay off my credit card debtā only to move that goal to the next year because you just donāt see the light at the end of the tunnel. Iāve got youā¦ Comment āMASTERCLASSā so you can grab your spot in my free masterclass. Not only will you learn how to create a realistic budget you can actually stick to but youāll see how you can pay off debt, save, and spend at the same time. I promise the hole isnāt too deep. Youāve got this ā¤ļø
šš½Swipe through to see why extremes never workā£ and what to do insteadā ā£ā So many times I see people wanting to cut their spending on food so instead of starting by reducing it, then decide to cut it completely.ā£ā ā£ā If you currently get takeout 5 days a week, why do you think youāll just magically be able to get it 0 times the next week? ā£ā ā£ā Probably not. ā£ā ā£ā Extremes donāt work. ā£ā ā£ā Instead, set realistic goals and expectations you can actually stick to. ā£ā ā£ā Do you agree?šš½ā ā #moneytips #financialgoalsā #moneyhacks #debtpayofftips #budgetingtips #moneytipsforwomen
Hereās the truthā¬ļø If you want to have a crazy expensive birthday party for your 2 year oldā¦go for it. Personally, I donāt care. We will do home birthday parties for a while and theyāre perfect. My oldest didnāt even have any type of party at all until he was 3. The most important things with spending? Make sure itās on what you value Not going into debt for a kidās birthday party I personally would rather spend money on a family vacation, clothes/shoes they need, and putting money into their investment accounts. My child wonāt remember his 2nd birthday party but he will be thankful for his investment accounts when heās older and the family vacations we will be able to take. Spending money isnāt bad. You just want to spend intentionally. And if youāre struggling to create a plan so you can spend on what you value while also paying off debt and/or saving for the future, make sure to attend my masterclass. 2 days 2 times. You choose what works best for you. Comment āMASTERCLASSā to grab your spot. If you have kids, what do you do for birthday parties?ā¬ļø
not sure how much money youāre going to be bringing in month-to-month and figuring out your spending and money goals overwhelms you. Once you have established what you need to save for your one month initial emergency fund, create a budget using an average baseline of income. Thatās why, in addition to a minimum one month emergency fund, you need to get one month ahead on expenses. Once you have your minimum one month emergency fund set up and youāre working off of a baseline budget, use the leftover money from your budget, or any excess money that exceeded your baseline budget, and use that money as a buffer in your checking account.
Figure out what went wrong The first and most important step to getting back on track if you go over budget is figuring out what exactly went wrong. If you havenāt done so already, track a month of expenses to get your actual numbers ā not just your ideal budget numbers. It means that when you sit down at the end of the month to create the budget for the next month, it doesnāt mean that what you write is set in stone. For example: If you overspent in your grocery budget by $200 and you have a āPersonal Careā budget that has $200 in it, move that $200 to the grocery fund so that you are no long āover budgetā in that area.
Here are 5 ways you can reduce impulse spending today: One of the major reasons that budgets, or spending plans fail, is because they are too restrictive. You also have the option to put these emails in a āroundup emailā that way instead of getting 50 sale emails a day, you only receive one. Much like unsubscribing from retailer emails, this tip to reduce impulse spending is about putting barriers up for yourself. Time is the ultimate victor against impulse spending, but it takes time to train your brain to think like instead of favoring a quick endorphin release with a new purchase.