NOVEMBER 2017 BUDGET REPORT CARD | ZERO BASED BUDGET

I’m feeling eager.

Earning money and following Dave Ramsey’s Baby Steps makes me eager to get back into the swing of all things budget related. Without further ado let’s get into this month’s budget report card:

I am grateful for…

  1. Paying my rent one month in advance. This made looking for a part-time job and setting up systems in my business so much easier
  2. Securing a part-time job
  3. Provisions for the month of November

 

I need to stop…

  1. Snacking. I’ve been making poor food choices and that needs to change
  2. Procrastinating on meeting business objectives

 

I need to start…

  1. Pitching to conferences
  2. Promoting my upcoming events
  3. Publishing on my blog consistently

 

I am currently on Baby Step #1: Save $500.00.

Savings: $0.00

Debt Remaining: $208,453.27

Income: $0

Expenses: $449.47

Cash Paid to Debt: $0.00

Total Assets: $0.00

Total Liabilities: $208,453.27

Net Worth: – $0.00

 

Important Goings On – November

My car was repossessed this month. I spent $75 to retrieve all my belongings from the tow truck company. In the video below I say oil change but I meant tow fee. The tow service put all of my things in three large black plastic bags. I gave him the key and he gave me my bags. To be honest in that single transaction I felt like I dropped two tons of burden, guilt, stress and frustration. The short story is I never ever wanted a car in the first place. The embarrassing story is I got a car because my son was super embarrassed about my 1989 honda accord. My car was loud, old, and didn’t fit the picture I painted about my success.  

I got a part-time job earning $11 an hour. This job provides enough to cover my four walls but not enough to make me comfortable. I chose. Part-time job because my income potential is great and I want to provide with the financial motivation to build a better business.

I’m re-taking Financial Peace University. Although this is my second time taking the course I am super excited because I love love love learning. I’m also hearing things that I didn’t hear the first time. Like if you earn under $20,000 a year then Baby Step 1 is $500.00 instead of $1000. I was also reminded that according to Dave Ramsey it takes up to three months to get back on track with budgeting. This is helping me to give myself more grace

 

Important Lessons Learned – November

Starting over it is difficult but completely worth it. It’s an amazing feeling to start over. This financial journey has been so difficult but I’m so incredibly grateful to have an opportunity to start over from the beginning. It’s hard at time. I think my son suffers the most because it’s confusing to him to see me in this state.

Slow progress is still progress. I remind myself of this every single day.

 

Disclaimer: Honesty is awesome, so I share numbers and dollars in this post. I trust you’ll honor my honesty. Just so we’re clear, everything written here is based on my personal experiences + opinions. Not everything I say here will work for you, but I have faith that you’ll take the information presented and apply some of it to your own finances in a new and creative way.

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