So I said I was back, and I am! It’s actually taken a lot of thought to figure out where I wanted to go from here, you know, fresh starts and all that jazz 😉 So after outlining a few ideas of traditional posts I’ve done that I like and figuring out new things to push my comfort zone, I’m starting with the basics. Where I’m at. It’s hard for me to look at myself, because the knowledge of what to do and what not to do is in my grasp, in my head even! And yet, here I am.
So I am in no way in financial ruins. Every time I look at my bank account and get a frog in my throat, or open my wallet with a shudder, I try to put things into perspective. The well-being of others does not rely on my financial success; I am not bankrupt, I am not homeless, hungry, or sick. I’m just a broke college student with no one to blame but herself who needs to make better life choices and actually stick with them. So where am I at right now?
- Discover: $1,401.49
- Checking: $155.01
- Savings: $0
- Cash: $100.05
- Loans & Interest: $13,753
This puts me at a cool –$14,899.43 as far as networth goes. Well, looking back at it almost a year ago, I’m down by $4,752.43 from –$10,146. I was really confused until I remembered that I anticipated $3750 in loans that I ended up not taking out that were accounted for and that I valued my car at $5000 (it has since had some…problems); however, I really tanked my savings and cash (plus I got that…credit card). And even in writing this post I wanted to mislead myself and look at my networth as having “gone up,” when it really didn’t at all. I never had the loans I was taking into account, so my networth was never that low in the first place. Denial is not just a river in Egypt, y’all.
Of course, I’m not exactly pleased about this, but a great quote by Thoreau is “Never look back unless you are planning to go that way.” Of course we should always learn from our mistakes (like don’t charge Christmas to your card, and when you get reimbursed for expenditures, treat it as a reimbursement and not as “Ooooo free monies!”). Or, in my case, even though I KNOW KNOW KNOW that credit card money is not actually my money, to not say “I have $400 left of my limit! That’s $400 I have to spend!” And curbing emotional spending. And hobby spending (knitting can get expensive). And not just avoiding my finance-related life out of shame. I really love the PF atmosphere and am genuinely interested in it and getting better. I need self-control. And I need it soon.
As of right now, I’m living with my parents until I leave for an internship in Pensacola, FL on May 24. There, I will have free housing and meals, and a $3000 stipend. That last bit is pretty important because as of August, many things will come to a head.
- My Discover Card will have an interest rate (est. 17-20%)
- Tuition. I dropped my 2 minors in order to drop my tuition from $3200 to $1500, so that helps, but at least half of it is due the first week of August…so $750 bones…
- Rent & deposits on my first ever big girl apartment