I've spent my entire 20s in debt, school loans and credit cards. I've leveraged it over the years through some good fortune only to find myself outspending my income.
I've made measurable progress in the last 100+ days to reverse course. My support crews of my family and George allow me to see the light at the end of the tunnel. Uncle Sam was particularly good to me this year and I have to give God the credit on that one. By the end of this month I will have paid off 3 outstanding debts and started a reserve (aka emergency fund).
After much discussion with George about compounding interest etc., I decided to use the snowball method to pay off my remaining debt. That combined with part-time gigs that will take me through the summer, I'm getting traction and making better choices financially.
One example is movie rentals. I already have basic cable but I'm addicted to movies. Last weekend, for example I have Friday night AND Saturday afternoon to chill so I got two movies. One from Redboxredbox and the other from Blockbuster (because Redbox did not have the new release I wanted to see). A few months ago, I was renting from the library at the same rate as Redbox but their weekend hours are not exactly conducive to my commuters hours. So it's a compromise there. I could've gone to see a first run movie for $10, instead I stayed home and spent $6 on two movies.
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