It’s been such a long time!!! But I’m back. I’m so excited to share this with you today and I’m so extremely proud of myself.
Yes, you’ve heard that right. I paid off thousands of dollars in debt and paid it off within a year and saved up money for the down payment on a coop apartment. At first I wanted to buy a small house, however after looking at what would benefit me more right now, and what was the right thing for me, I settled on getting an apartment. Don’t worry though, I won’t be settling for too long.
For many years, I’ve dreamt of getting my own property. For many years I’ve tried to get one, however there were times when things did not work out in my favor. I’ve always been looking, hoping and waiting for the time to come when I can call something my own. I thought I was working hard as well to accomplish my dreams, however; it seems like the work I was doing wasn’t helping me get to where I wanted to be.
Working hard for a company, you would think you will get the promotion and the raise you want if you work hard. Maybe they will acknowledge you for that hard work and it’s not always like that.
The moment I recognized that no amount of hard work for any company is enough to get me to my goal, was the very moment I knew what I needed to do.
If you’re working hard and doing your best for a company and they do not appreciate or see that, then you won’t ever get anywhere in that company or in life. The energy you’re giving them and not yourself is going to hold you back.
I also recognized that despite my managers wanting me to believe that I made enough money, the fact was I didn’t. Maybe everyone as a different definition of what enough is, however, enough to me is paying all my bills and having extra to save. This is because to me, paying my bills was the bare minimum of what I expect from any job. If I’m in any job, and I can’t pay my bills, that is unexceptable. So I'm hearing that I’m getting paid enough and that didn’t add up to me.
I inspected my finances and did a breakdown. I wrote everything down, I added one and one together and it didn’t add up. I was correct. Yes, I was. It wasn’t enough. It was barely enough, which wasn’t the same as being enough. I lost all faith in anyone who made me feel this was acceptable. Anyone that made me feel like I was doing something wrong when I would complain. What am I spending my money on? I eat out too much... blah blah blah.
I ate out a lot, and that was mostly because of my living situation. However, despite all of that, it still didn’t add up to be enough. I looked at what my left over would be if I didn’t eat out and it wasn’t enough. So why were people who knew nothing about me or my life was telling me this?
Since I didn't make enough money, and I gave up on getting a raise or promotion. Even though I was working hard for some company, I would not get what I needed from them. While I would not up and leave and start over, this was the time to work hard for myself.
To pay off my debt, I calculated how much I needed to make. My total debt was $35,298.62 to be exact. I planned to pay off my debt within a year and set out to look for a second job. I applied for everything I could find and I got called back for a bank job in a short time.
I was ready to go. I worked there for a few months, less than a year before I left. My main purpose of getting the second job was to help me save enough to pay off my debt and once I did that, I was gone. Sure, working longer would be great and saving more money would be nice. It was just too much for me to work two demanding jobs.
I also cut down my spending amongst other things, which I’ve outlined in a previous blog post.
Now that my debt was under control, I could save any extra money I had made. I also had some money from when working two jobs, left over after paying my debt. So I was happy. So having some amount saved and with the ability to use my 401k. I started planning. I waited a few months because my job was doing a restructuring and I wanted that to be announced before I made any moves.
I made sure I gave myself plenty of options. I considered different states I could move to that had lower cost of living. In the end, I found a spacious apartment in New York. The space was appealing, though the area was just okay, that made it worth it.
I’m fixing up the apartment now and it’s been months. I could have left it the way it was, but I wanted my first property to be special and comforting.
Once I’m done with that, since I will be broke again. Lol. I will get another job to help me save some more money to invest in another property. That will most likely be land or something that’s a fixer upper.
My long-term goal is to make money as an entrepreneur, from one of my skills or investments. So for now, I will treat these jobs the way they should be treated, just as a means to get to where I need to be.