Gotta Get Back on Track

Gotta Get Back on Track

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Okay, so there’s some tumbleweed tumbling around here lately.

And a whole boatload of spam comments regarding expensive sneakers, weight loss drugs, and forex schemes. I’ll clean it all up when I get a chance…

First, though, I need to get everyone still stopping by up to speed on what’s happened to my finances.

See, I lost my focus, my motivation, my direction, and as a result, a lot of my financial comfort.

No, I’m not in dire straits. Far from it, but I’m also a long way off from where I’d like to be.

Where I should be.

Where I could have been, you know, had I not stopped holding myself accountable here.

I do still track my finances.

I still check my balances multiple times per day. And, yes, I’m still paying my bills on time.

I’m just not moving towards any kind of goal… like a $1 million net worth (long since abandoned), zero credit card debt, or that 3-car garage we’d like.

So, here we go, starting over in a way…

Here’s the bad news…and what needs to be corrected in a hurry.

  • I’m currently carrying in excess of $6k in credit card debt. Debt that I’m paying finance charges on — that hasn’t happened to me in YEARS?!
  • I have a big auto loan balance. Again, not really anything unusual in the grand scheme of things but we’d grown accustomed to owning our cars outright. Prior to the past couple months, I’d forgotten what it was like to have a car payment and, I’ll tell ya, it’s really crampin’ my stlye.
  • My savings account has been tapped out so there isn’t any kind of back-up reserve. Much of that is due to the fact that I just paid my property taxes this week but… well, it’s troubling me to not having *any* emergency money when it’s just always been there for the past few years.

So, I’m not going to tiptoe around how I got here — I spent a lot of money and depleted my reserves. Pretty obvious.

Thankfully I’m not in a hole I can’t dig out of. Not even close.

But I do need to get back on track so… wish me luck!

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