Posts tagged Goals

"Money always flows away from those who don't manage it toward those who do"

Since my last blog post, I have had a few people ask me for a follow up post about BUDGETING. Some were really interested in how we paid down our debt, and others just interested in getting their finances in order for the new year.

So obviously I have some folks who are: tired of overspending, want to save money for certain purchases, get paid and have no clue where all their money goes; that follow me. Do any of these things sound familiar to you? Fret not, I wrote this post with you in mind.

I was once that person I just described above. After a few changes to my mindset surrounding money and some healthy adjustments to my spending habits, I can now answer those questions in the negative!  (Ok I still overspend at times on coffee - smh- it is a process.) 

Most people don’t like talking finances because it’s such a taboo topic. Myself included.

For instance Noah and I never discuss dollar figures & finances with anyone outside of our circle, (God, each other & our financial advisor.) Just because we feel as though its nobody else's business. I mean really it's not. But mainly because we have a healthy view and relationship with money that some people don't share. We view money as an object to make exchanges. We don't let money control us, we control our money. We don't think more money will take away our problems, we make it work with what we have. We spend within OUR means, and we allocate every dollar to what WE deem is important to US.

Some people really don't have boundaries when it comes to money. People also tend to think if you make x amount of dollars you have imaginary money that they like to spend for you. So to keep from having to run down the long list of expenses and places our money goes, we just choose not to talk about it with anyone outside of us.

We do however believe in discussing money with our kids, well mainly Kubb, Ian has no clue what money is right now. This is because a lot of the money habits people have are inadvertently handed down to them. So we want our children to understand money for what it is and have a healthy relationship with money themselves as they grow older and make their own financial decisions.

I also think it’s ok to talk about eliminating debt. Sometimes people just need to know that they can do it too. Wealth building and financial independence should not be a secret. (Especially when you're talking about what most millenials can relate to: STUDENT LOANS -- the added layer of Medical School  &  Law School type of student loans (6 FIGURES) yea, we all need some advice in that area - I will dedicate a post to this in the future) In the meantime if you're looking for more (Medical School Debt advice) the best place to start is- THE WHITE COAT INVESTOR

Ok, now back to the reason you're here. You want to discover the magic of mastering your finances in 2018, SO YOU CAN ANSWER NO TO THOSE QUESTIONS TOO. Guess what?! It starts with one word, BUDGET. Budgeting is the first step to financial literacy and freedom. 

Budgeting allows you to create a plan for your money and ensures you have enough for everything you need. Budgeting most importantly allows you to control your money instead of your money controlling you. 

Seeing where your money goes every month can be very eye opening.   

Realizing you over spent on groceries, gas, & eating out is not cool. Especially when that extra money could have gone to eliminating debt or building wealth.  

DISCLAIMER: I am not a money expert. I can only share what works for us & hope that it helps you! Talk to a financial advisor or CPA for individual advice and direction. 

First things first


  • Note your NET income (after pre/post tax deductions- in other words what you bring home)
  • Track your spending for a month (Every item, every dollar- it is time consuming at 1st but it is for a great reason- don't skip this step)
  • Set your budget -- Allocate your money. THIS IS WHERE YOU CREATE A BUDGET. 
    • Fixed expenses first: Tithes, Mortgage/Rent, Utilities, Car Payment, Insurance (health, car, life) , DEBT, Subscriptions, Phone Bill.
    • Then variable expenses (things that change month-month): Household products, Gas, Groceries, Leisure, Personal, Misc.
    • Non-Negotiables ( Savings Categories listed below) 
  • Adjust if necessary : if you realize that you only spend x on misc stuff instead of yz then allocate that money somewhere else. 

Also, review your budget month- if not every couple of weeks!  I do a mid month and month end budget check to see where we are. 

Savings - My mantra is pay God 1st, then yourself. Don't wait to see what you have left over to save, instead use what you have after you SAVE.

Here are some suggested savings categories. Think of what is non-negotiable (things you will put money to no matter what) and start funding those things first. 

  • EMERGENCY FUND  - Life happens. You can lose your job, have a huge medical expenses and so forth- Some people suggest having 3-6 months of income in an emergency fund. [DO WHAT WORKS FOR YOU] but don't neglect creating an emergency fund. Even if it is $500-$1000. 
  • RETIREMENT FUND - (401K, 403b, IRA, Roth IRA, TSP) My suggestion here again is to do what works FOR YOU. Every one's financial situation is unique. If you're able at the very least put in enough to get your employer match if there is one - it is FREE MONEY) 
  • CHILDREN EDUCATION FUND - Post about different ways to do this coming next month :) 
  • INVESTMENTS - (Mutual funds, Index Funds, Stocks- whatever you PERSONALLY decide to invest your money in. If you don't know where to start, do some research or talk to a financial advisor.) 
  • DEBT PAYOFF - (NON-NEGOTIABLE) Paying off your debt allows you to save more money. The money you would have paid in interest can go to something else, if you make extra debt payments with any extra money you have monthly (even an extra $50 a month) can save you a ton on interest. 
  • SPECIFIC PURCHASES -(If you know you're going to be needing a new car in 6 months, or planning a big party/wedding, vacation etc. those things should go here.)
  • SINKING FUND - ( Car maintenance, house repairs, birthdays, holidays etc.) 

Budgeting can be difficult the first few months but if you hang in there it will pay off -- Pun Intended ;)

It takes practice, and discipline, but you will be so happy you did this once you begin to see results.


The MAJOR Financial Move I’m making to ensure I reach my financial goals in 2018: A NO SPEND YEAR. I will go into detail about this in a later post, but yea- it means what it says! 😅  One caveat: I did purchase myself a very nice "gift" (mainly with christmas money) to sate my desires for the duration of this challenge. I also purchased a back orderderd & pre-ordered item back in 2017 before I decided I was going to do a no spend year. They will both come as a great "surprise" & I can still receive gifts ;) - Although, gifting will require discipline because shopping for others usually leads to finding things for myself, lol.  But for the most part I am not spending  money on any"THING" other than necessities in 2018!! 

Here are a few suggested  Budget Planners, & books to get you started Budgeting the RIGHT WAY. 

For those looking for great apps to track your money & budget I suggest MINT, YOUNEEDABUDGET, & EVERYDOLLAR

BTW,  If anyone ask; don't be afraid to say...


Being on a budget doesn't mean You're CHEAP or BROKE, it means You're smart.

How To Set Goals & Crush Em

I am writing this from a place of gratitude and admiration....  

I can honestly say: I AM PROUD OF MYSELF & so thankful that I did not give up! 

This weekend I will be graduating from Law School.. something I dreamt of since I was a little girl!

~Funny Story~

My mom use to watch America's Most Wanted ALL THEE TIME when I was growing up. Although I was scared to go into dark room by myself 😅😰 because I just knew the boogie man was in my house after every episode, I remember thinking: "when I grow up I'm going to be a lawyer who sends bad guys to jail!" That coupled with Law & Order, A Time to Kill & The Good Wife had me committed to this dream of one day becoming an attorney.

(Newsflash- It's not like it seems on TV.. but that's a different post haha) 

& well here I am today, one step closer to accomplishing that dream 😩😁🎉

I didn't really do anything that the next person couldn't do, you just have to Set Goals & Accomplish them! 

Here are 5 things to encourage you to  Just do it: 

  • 1. Start by Starting  - There's something about starting that seems shameful. We tend to look at other people who have been further on the journey we're headed towards and get discouraged. DONT. Be inspired by the people who have gone before you. Stop allowing comparison to hold you back. It really is the thief of Joy. Be proud of where you start & celebrate the small accomplishments along the way. It's going to make the success feel so much better in the end. 


  • 2. Write IT Down - I truly believe in  Writing the Vision & Making it Plain. Confession: I am a planner. I love to plan things. I love cute stationary, & I have about 4 active "calendar/todo list" I reference a few times a day. It keeps me organized & on track but more importantly, it keeps me focused! There's something about SEEING it written down that makes it tangible. & checking things off your "list" makes you feel like you're getting things done- Making progress towards the finish line, & it helps to keep you going. If you don't already, I'd encourage you to write down what you see yourself accomplishing in the next year, & work every day, week and month - at fulfilling that goal. You'd be amazed at how much can change in a year ;) 


  • 3. You DO NOT NEED their approval - In this digital age where everyone seems to be looking for validation & approval through social media, remember that you weren't put on this earth to please people. You don't need any ones approval for what you feel led to do.... oh & guess what, you will never be successful trying to be a people pleaser- it's impossible!!

 Also, do not allow someone who gave up on their dreams talk you out of yours. Not everyone will understand, not everyone will think you can do it. That is ok, God did not give them your vision for a reason, he gave it to YOU to see what you'd do with it despite the adversity & what "they" have to say. Once you realize that he has equipped you with all you need and that the approval of man will always amount to nothing, you'll begin to thrive. & do so abundantly! (In other words, ignore the haters lol)

  • 4. Don't get in your OWN way - Confession: before committing to going to law school I was holding myself back. I made every excuse in the book during my senior year of college as to why I wasn't going right away....("I just wrote a thesis, my brain needs a break... I'm going to just work a year... I have a kid, I need a job... Law school will always be there.... I will go ..... eventually.") Eventually turned into three years and everything I "tried" doing during that 3 year period wasn't really fulfilling, and it never seemed to "work out." As soon as I stepped out on Faith and decided to take the LSAT to jumpstart the process of me going to law school, EVERYTHING FELL INTO PLACE! *If you've been a reader of my blog since the beginning, you know what I mean :) 

If you continue to talk YOURSELF out of it, IT will never get done. Sometimes we are our own worst enemy. Once you start believing you can do something, you realize that you actually CAN. Don't waste time holding yourself back making excuses or thinking that you can't. Even if no one else believes in You, YOU have to believe in YOURSELF! 

  • 5.  FAITH it until you make it- even in the stages where you don't see your thing working out, and you hit road blocks and HAVE to keep going. When you are called to do something IT will not be easy! No really. It will not be easy! You have to trust YOUR process & wait on God by Faith, what he began in you he will be faithful to complete. The race is not to the swift and fast, but to those who continue to endure. Finish the RACE & you will reap the REWARD.

You are Powerful, Brilliant, Beautiful & Brave.

Go Make {IT} Happen