Let’s just be honest for a second – I think I’m addicted to spending

Photo by rawpixel.com from Pexels

I initially started writing this post January last year with the fact that I am addicted to spending money. I will find ways to buy things that I don’t need, or I will bulk by things unnecessarily. I have at least 100 books idling around the house that I am yet to read, notebooks upon notebooks completely blank, clothes I don’t even think could fit me when I bought them, card games I’ve never played, video games still in the wrapping – I think you’ve got the jist.

So one of the things I wanted to work on this year as mentioned in my 2019 thing’s to accomplish, was to ‘Be in less debt’. I’m not saying money is magically going to appear in my account, clearing all my debt, nor am I suggesting I become a sugar baby. But I did work up a finance plan with the help of a good friend, in how to cut my debt down substantially within the year. I realised that for my age I have way to much personal debt, this isn’t even student debt like most others.

I literally trawled through hundreds of YouTube videos, Pinterest pages and blogs to find the solution for me. I was up until 2am a couple of months ago and I finally settled on a plan that I think, well more hope, I will stick to. It’s like the love child of David Ramsey’s Debt Snowball with a mix of different trackers and budgeting. I won’t complete the whole programme David created, only because I have methods of saving I intend to use once this is sorted.  

Folders, upon folders, upon folders; organisation is key!

So as you can see from the above, I have organised my shit to a T! I’m quite proud, although I did spend money on all the things you see in the above – except the sticky notes and plastic sheet things! I had a binge of buying them a while ago, so they have finally come into play. Well done Rachel from 7 months ago, you did good. I have three folders; Work related things, All documents relating to accounts I have (past and present), and my Debt trackers. I know it seems a bit excessive but my brain works in the same patterns; filing things away, sectioning them and then sub sectioning again.

I think my main focus is to work off the credit card debt first, and once that is sorted, move onto saving to pay off my loan – the loan is a weird one, I’d rather chuck a bulk amount at it then figure out how to pay more every month haha.

What I will do, is write up a run down every three to four months to show my progress. As you can see I didn’t include any figures, only because its borderline embarrassing and at this present moment I’m in the most comfy position on my bed to get my folder.

Catch you guys soon, hopefully with less debt on my name XD

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