Please note, this page isn’t completely built out yet and I’m trying to work on it as fast as I can!
There are various stages we go through in life on our own personal finance journey. I should know, I feel like I’ve been through most of the worst ones, and I’ve lived to tell about it! This blog started out as an outlet for me when I was laid off and unemployed. What was I going to do with myself? I could only look for a job so many hours a day and then I was just looking at the same things over and over again to the point I felt like my eyes were crossing. Even though I had a ton more free time, being laid off means you don’t have the funds to do the fun things you want to do now that you have your time back!
I started this blog not really knowing what I was doing. Well not at all knowing what I was doing. If you’ve read other areas of this blog you know that I taught myself everything I know about websites, marketing SEO, etc. I had a lot of free time being laid off so once I finally got over the anxiety of it all, I decided I would spend my free time teaching myself new things.
The main premise or “feel” of the blog back then was about a sense of lacking. I could cut back to next to nothing and I was really good at being frugal. I had the time on my hands so I started learning to cook from scratch, make a lot of things myself so I avoided having to pay full price for those things. I got really good at being poor and unfortunately I got used to it too.
Then around 2010 as my life changed and I was evolving, just like the personal finance journey we are on should do. I was reading a lot about mindset, getting out of our old thoughts and habits to be able to form new and successful ones. I was setting goals and had dreams for myself that I would have laughed at a few years before that and scoffed it off as impossible.
But you know what, it really did change things for me.
I went from being poor and broke to developing a mindset that I could actually achieve what I wanted. I could make the income I wanted, have a successful business with my website but I had to get in the right mindset and believe I could first.
Gone were the days that I was obsessively spending all my time and effort cutting coupons and trying to cut back. Sure I still like to save where I can but I realized it wasn’t the best use of my time. I finally made the connection that personal finance is not all about cutting back to the point you can’t cut back, it’s about learning how to build wealth too. Make more money for yourself, own a business to have some extra income. In other words, have a plan b and know that I could do more and wasn’t destined to be an employee forever.
I had sort of always been doing this unconsciously even when I was poor, I just never put two and two together. When I was laid off I did a variety of things to bring in extra income. Having grown up in a family owned business, I guess I always had the entrepreneurial spirit but I never really looked at it that way. Back then I just looked at it as a way to survive. The top thing on my mind during those early days was cutting back, not bringing in more.
It was life changing for me to get out of that “poor” mindset and start to spend my time wisely to build up my income instead of always trying to cut back to nothing.
Going through these stages won’t just happen to me, they can and probably will happen to you too. What I’ve tried to do on this page is take you through the different stages I’ve went through on my personal finance journey so you can pick up at any point and get valuable information that can help propel you even forward even further.
This site used to be about “lack” – about what I don’t have which means I have to cut back. But it’s not like that anymore. You will still find tons of information about frugal living and cutting back but I’d like you to also open your mind to the idea of changing how you think and act about money so you can begin to spend your time building up your income. I don’t know what that will look like for you. It may be finding the courage and confidence to ask for the raise you deserve, it may be getting educated on how to invest for your future or it may mean turning a hobby into a business to earn some extra income.
I’ve come a long way since those early days but I’ll never forget that period in my life. My neighbor recently told me that her husband refuses to get rid of certain items stored in their garage because it “reminds him of when he was poor”. I really thought about that. I don’t think I hold on to anything tangible, but I still hold on to habits I had when I was poor.
I still keep a large stockpile of food in my pantry. I’m not talking about convenience foods , I’m talking about things like flour, sugar, dried beans and rice. Staples that I can use to make real food from scratch. I buy my grassfed beef in bulk from a farmer once a year. There is comfort in knowing I have food on hand. When my supply starts to get low, even now, I get nervous.
I still keep my budget low enough that I could almost survive today on unemployment if I had to. (That’s $320 a week in Missouri). Even though I have my emergency fund built up, I still feel better knowing my expenses are low. Sure, I have some extras in my budget, but if I absolutely had to, I could get rid of these extras and still get by. I suppose if you have never been laid off and poor you wouldn’t understand this, but I feel better knowing I can live on next to nothing if I had to (even though I don’t want to or plan to go back to that place).
We are all in different phases of our life. Some of you won’t like the information I provide for various reasons, and that’s ok. My advice to you would be to keep searching for what clicks with you so you can change your financial situation (whatever that means for you).
I’ve attempted to section off this site in the different phases I’ve went through. Each phase lists some information, links and resources to help you get through each phase. If you are new to this site or you’ve been with me for as long as I’ve been around (2007), I encourage you to just jump in where you are in life and keep moving forward.
I am thankful I’ve went through various financial stages that included being poor because it’s made me the person I am today. Because I was poor, I’ve tried to focus more on my financial goals so I don’t end up in the same position again. I’ve educated myself and attempted to educate others on the subject. I’ve made it my mission to educate women on getting out of debt and building wealth because I want to help as many women as I can so they don’t end up where I was.
As most of you know, I’m always available to help. If you don’t know me, educating and helping women with their finances has been a passion of mine for many years and I want to see you succeed. I do answer my emails (many of you have emailed me and tested that theory and your shocked when I actually do write back lol) so if you have any questions or if you feel like you are at a spot in your life that I have not addressed, please let me know. Feel free to send email me through my contact page.
Personal Finance Phases (Click on the Phase that Applies to Your Current Situation for More Detailed Info)
1. Unemployed/Laid Off
2. Getting Back on Your Feet (Coming Soon!)
3. Getting out of Debt (Coming Soon!)
4. Out of Debt, Now What? (Coming Soon!)
5. Building Wealth (Coming Soon!)
Thank you for reading, you don’t know how much it means to me to be able to make my dream come true.