They’re kind of like an actor’s script in a movie. We just continue to read the lines in our heads or out loud to our family and friends, and believe that they’re true! When in fact, they are often quite distorted, and can limit our success or even hurt us. For most of us, our money scripts are unconscious, but they drive all of our financial behaviors.
I think it’s important to talk about because while it’s true that women have made huge progress in terms of financial, professional, and personal equality over the past few decades, there are still tons of areas where our gender impacts us, especially financially. And I wanted to explore a few of the areas in which we are seriously still paying for our womanhood.
If you’re a women, it might be nice to know that on some of these fronts it’s not all in your head. And if you’re not a women, it might be useful for you to understand what we are dealing with.
If you’re trying to get out of debt, or if you’re trying to save for something specific, or maybe you’re just trying to have more wiggle room in your monthly budget, this is going to help you find some ways to save money or cut costs. Or at least, I hope so. They’ve helped us!
Ugh. Does your first job out of college suck? Join the club.
One of the first harsh lessons of adulting is that sometimes you don’t get your dream job when you finish your degree.
Now, it is no surprise that most rich people are reviewing their goals and making goals. Author Thomas Corley, Rich Habits, found that 62% of all rich people not just set goals but they review them every single day. When is the last time you reviewed your goals?
The first thing we had to do, once I added up all the debt, once I had my UGH-Sick-and-Tired Moment, we had to get real with our spending. So, I needed to see where exactly all this money had gone. We don’t live in the lap of luxury. Yeah, we have a flat screen television. The couch behind me? Bought that secondhand. Fancy car in the driveway? Nah, at the time we were driving an ’07 Honda Odyssey minivan. We really didn’t have anything to show for the almost-$60,000 in debt that we in fact had.
We cover how to save on Organic foods, name brand vs store brand, how to build a stockpile without breaking the bank, and how I grocery shop to feed my family of 7 on less than $200 per week.
How do we help our kids find financial happiness? Through helping them understand good money habits and identifying money emotions.
Whenever I tell myself ‘I can’t afford this,’ I feel a little sad or frustrated, and so what I want to do is be aware that this is a thought—a Jackal—when actually, there is a choice, right? I’m choosing not to buy something because I want to spend my money on my rent. I don’t want to spend my money on this car because I can get a second-hard car and I prefer to spend the rest of my money on the gym. There is a choice there.
If I had been exposed to the options and opportunities, I would have absolutely gone into it at an earlier age.
I strive towards frugality because it wasn’t that long ago when I was very financially stressed. I learned my lesson the hard way, and although my friends sometimes give me crap for being “stingy,” I don’t ever want to repeat going through that experience again.
Money is easy to spend and hard to save. But there are a few things you could do to make it a little bit easier to save money.
Have you heard about creating multiple streams of income, but does it seem kind of… complicated? Or does it seem like something that maybe you don’t really want to do?
We are here to help you continue your debt journey… because it can be a long one!
We do our best to keep our expenses down every single month, but I had this recent push—this fire—to go super intense again.