2015, Quarter 1
The first 3 months of this year have flown by. As far as my savings plan goes, it is going… tumultuously. I haven’t really earned any income on the side. I am doing well at saving money from my regular income though.
By now, I would have like to have made a nice large payment to my student loans, but car troubles and needing to get my wisdom teeth out have kept me from taking that money out of my savings. I’d rather feel secure that I can pay for unexpected expenses than save a couple bucks on interest. If I have to replace my truck, I want to do it without financing, so I want to keep some extra money set aside just in case.
I still plan on paying off my highest interest loan this year, I just might end up making the payment all at the end of the year, when I will also hopefully have more in my savings. I’m thinking I really want to move from keeping a $1000 emergency fund to a 2-3 month income emergency fund.
Mainly, I need to get to work on earning extra income. It all boils down to actually working in my free time, something I struggle with. I don’t want to mess with y work-life balance, so I’m trying to make side money by doing things I enjoy- but you can’t make money watching Gilmore Girls reruns and eating frosting out of the tub. Dang.
Anyway, that’s how my first 3 months have gone financially- not terrible, but I have a lot of work to do this year.