Well this is the life I want:
I want to have a successful book detailing my hirsutism struggle and the various ways to deal with everything concerning excessive hair growth.
I want to have a successful electrolysis and laser hair removal salon. Not a huge one; just one I can operate part time.
I want to not have to work in military contracting EVER again! Ugh…that’s a whole other blog right there!!!
I want to have a nice sized house I purchased, with cash. (I hate loans and debt!)
I want to pay off majority, or all of the 100k I owe in student loans. Yes, I said that right….100k!!!!
I want to work for myself and a success story and not have to worry about how to fund vacations and my kid’s future educations.
How will I get there? How will I pay off my debt and my live the life I want? It seems impossible on my salary of (roughly) 48k yearly.
Most would think I make a good salary as a single person, which I do….now as a single mom…..eehhh…..
Considering my bills per month (rent, power bill, gas, etc. etc.) I have roughly 1k left to just…have.
That is not including the randomness I have to deal with (leisure, toys for the kids, some shit falling apart in the house that I have to pay for, car repairs)
So what does that mean? Basically, much like most people, I’M FUCKING BROKE!
But all is not lost for me or my dreams.
I am expecting a lovely tax refund (one of the perks of being a single parent). Let’s say that refund will be 3k.
I have a 3k surplus I intend on NOT touching. After all, I want to write a book (which, even if going the independent route, may cost me a couple thousands of dollars).
I found an electrolysis school which cost 4k.
So to start my dreams, I need to save, at least, 6k (the book and electrolysis school).
I am not including the cost to actually establish salon space for myself. Hell, I am just trying to find a way to pay for the school.
The option of asking my parents for the money is there but I rather find my own way! But if I get desperate, I will not be too proud to beg AT ALL!
So, how do I save the additional few grand I need? I already know I will be expecting a healthy refund of 3k (estimation).
So what do I do? I only save around 1k a month.
Here’s what you do….yes, it’s going to sound painful, but no pain, no gain, right?!
HOW TO HAVE THE LIFE YOU WANT WHILE BEING A BROKE ASS SINGLE MOM:
- You cannot be ashamed to do the Peanut Better Jelly Time Dance! Yes, like…literally. Eat like you are on food stamps (no offense to anyone in of public assistance. I’ve been on Medicaid myself!) Eat like you seriously cannot afford it. Don’t be scared to Ramen Noodle things up a bit either! Bottom line, act like fast food and take out do not exists! Cook at home more. As a single mom, I know that’s difficult. But you have to try. Here’s a tip single moms: buy the fast food for the kids, but not you. Just don’t make it a habit.
- Don’t be afraid to let people know you are on a financial diet. Your coworkers asking to take you out to lunch need to know that or if you decide to go, buy something very simple and inexpensive like an appetizer and not a full course meal.
- Don’t be afraid to let people you are dating know you are on a financial diet. Hell, he may fall for you even more once he realizes you are financially responsible!
- Don’t drive too many places. If you don’t need to make that business trip or trip to meet up with friends at a bar, then don’t. Having a meeting over the phone if possible or invite friends to your house for drinks. And tell their freeloading asses to BYOB!
- Entertain your kids more the free way. Parks, walks, rides, window shop, or hell, my kid’s enjoy the double seated shopping carts at Target. They like riding around in that for hours!
- Take your lunch to work. Eat fruit for lunch. Go to Food Lion of a can of fruit or canned chicken or soup as opposed to Burger King.
- Take your car to a professional car repair person, not a repair shop. Someone with a good reputation in working on cars will save you A TON! But make sure they have a good track record first. Just don’t trust any friend of a friend of a friend. That goes for repairs on your house as well.
- Pay as many bills as you can at the same time. That’s the fastest way to get them out of your hair.
- Work from home more. If you have the option to clock in hours at home, do it, especially if you can rack in some overtime. Or it will at least keep you from going crazy on the job while dealing with the stress of finances.
- Get more active. Clean the house more, vaccuum the floor more, just get more active with whatever! That why you don’t have to deal with spending money all the time.
I plan on establishing these tips in my own financial life so I can afford the life I eventually want.
I will keep you up to date about how it works out!