2020 GOAL: $4,000 for ROTH IRA + $11,000 in SAVINGS = When I Can Start Paying Extra on Debt June 1st Total Cash: $6,348.00* Corrected to include my mutual fundSavings Goal: $15,000.00Money Left to Save: $9,100.63Current Car Debt: $12,927.67Current Student Loan Debt: $46,581.24 During this month I refinanced my car and my student loan debt … Continue reading June 2020 No Spend Recap
Over the past 18 months, I have been on a no shopping ban. It has been wildly successful by getting my finances on track to build an emergency fund, fund a Roth-IRA, and pay off debt. And things were going great. Yesterday I shopped. I did not shop from my approved shopping list or from … Continue reading Oops. I Shopped.
Ok, I'm not a financial advisor but let me share what just happened. I currently have $46,581.24 of student loans with a 20 year fixed rate of 5.39%. Today I was looking to refinance my student loans since the rates are closer to 3.5ish% and up. I called my student loan company, Citizen's Bank (shout … Continue reading Student Loans: Refinancing
Over the past year I have hesitated to talk real numbers. Rather than feel ashamed, I'm going to accept the fact that I am in a fortunate place in my life today. Tomorrow it might not be the case. But today I am in a fortunate place. I did work very hard to get where … Continue reading April and May 2020 No Spend Recap: Let’s Talk Real Numbers
Mr. BMM created our first joint budget over 12 years ago. This weekend we got to talking about how much we really needed to put in a bank account for bills. I was shocked to hear that Mr. BMM did not maintain our joint budget. Some how he managed this way for 12 years. We … Continue reading Budgeting – Or How I Impressed Mr. BMM
My goodness it feels marvelous to get back to my minimalist way of life. After life exploded in March and April and with me finally coming to terms with our current situation, I was able to return to my form of minimalism. And it feels so damn good! My savings is back on track with … Continue reading Minimalist Adventures in May
Well another month and another update on my No Spend Challenge for 2020. Let me be honest, I almost caved in for a new bag. Almost. However, I finally figured out how to repair my current bag for $5! I love this back, I fit the usual items, plus gym clothes, and literally carry about … Continue reading February 2020 No Spend Recap
This little blog called the Beautiful Minimal Millennial is celebrating its first anniversary. I started this blog to keep me honest with my spending habits and help me build better money habits. I will be honest, growing up I remember two financial phases. The first phase was frugal, coupon clipping, and watching every penny come … Continue reading Happy One Year Anniversary to the Beautiful Minimal Millennial
It’s that time of year when I do my taxes and nearly puke because 63% of my student loan payments went to interest and I got back less than one month's payment on my taxes. I’m pissed! Student loan interest rates are insane! You cannot avoid paying your student loans unless you die. The government … Continue reading Student Loans for Millennials: How I Plan to Keep $23,000 (of Interest) Rather than Pay Lenders
In 2019 I set out to save money. Check out how that worked out.