finances Archives -

How I Am Allocating My 2nd Paycheck of the Month for June

Posted on June 19, 2020June 19, 2020 by DeAndreaAshanelle

Ya’ll, I get excited every pay week to sit down and determine how I plan to spend my upcoming paycheck before it hits the bank. It is exciting to see how close I am getting to reaching my financial goals. I got the idea to share my paycheck breakdown from Pennies Not Perfection on Youtube. On her channel, she shares her financial journey of paying down student loans, the process of refinancing her house, and how she has chosen to invest. So I am going to take a page out her book and share my numbers (or percentages).

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On The Road To Being Debt Free By 25 Years Old: April 2020 Monthly Budget Update

Posted on May 1, 2020May 6, 2020 by DeAndreaAshanelle

Goal: To share how my spending for the month of April compares to the budget I set for myself at the beginning of the month. I believe this information is valuable to share because of it provides insight into the obstacles I face during my debt-free journey and strategies I am putting into place to stay on track.

Since the pandemic has arisen I have definitely seen a change in not only my daily activities but my finances as well. When creating my April budget, I decided not to include discretionary spending in my budget. With the shelter in place order, I assumed I would spend less money on clothes and eating out so those funds could be redirected to reaching some of my debt repayment goals.

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On The Road To Being Debt-Free By 25 years old: April 2020 Monthly Budget

Posted on April 11, 2020May 3, 2020 by DeAndreaAshanelle

I have decided to start a finance series to document my debt-free journey. I was inspired to start this series because we do not talk about finances enough. It is such a taboo topic but it shouldn’t be. Money is an important resource that allows us wonderful opportunities. Having honest conversations surrounding finances can help us to make smarter decisions and build wealth. As part of this financial series, I have decided to share my monthly budget and an update of how spending compares to that initial budget.

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Real Talk about The State of Your Finances: What’s in Your Wallet?

Posted on February 22, 2019April 13, 2019 by DeAndreaAshanelle

Have you ever thought about how much money you make literally down to the day. I didn't until now. I am trying to figure out a way to be more conscious about my finances so I thought maybe this would be interesting to look at. Right now, in the words of my mom, I live on a shoe string budget which means I make $0 to none amount of money. For transparency purposes, my expenses (rent, car payment, etc.) outweigh my income which is the ultimate no-no. The only reason I am still surviving is because of the support of my parents and savings.