Goal #1 for this year was to get my finances under control. I really don't know what that looks like so I picked a few things to focus on for the time being.
1. Investing
I wish I had started investing a long time ago. I thought about it for years and kept avoiding it because I did not know what I was doing and I could not afford to lose money. Fortunately, I found Ellevest. Unfortunately, now that I have decided to start, the Coronavirus comes around and causes stocks to drop. "major sigh" My job ended because of it too. "even bigger sigh" So this is on hold until things calm down a bit.
2. Emergency Fund
I'm slowly but surely building an emergency fund. It is going to take a long time because I don't make much more money than what covers food and bills. I just started and have been trying to work out how much of each paycheck I can devote to it while still having enough for everything else.
3. Budgeting
I have struggled so much with budgeting over the years. I've tried multiple apps, spreadsheets, and paper with no luck. I can't seem to make any system work for me. I need to come up with something that I can work at least for the time being.
It's a start. I am definitely on hold while this pandemic has the world shut down. I feel confident that I will be on the right track once everything is up and running again.
No comments:
Post a Comment
I would love to know what you think. Feel free to share your thoughts and your stories if anything I've said connects with you.