I realize that this is not exactly a blog about money, but I think that’s the beauty of blogs – you can venture out on what you want to write about. Blogs don’t need to be “perfect.” Now, books or magazine articles are a different story – you’d better write about whatever you’re paid to write about, and stick to the subject!
So today I felt like talking about money!
Moral of today’s post: I need to get smarter about money.
Thus was born, Project Money Smart.
In some ways, I am smart with money because I can be very organized and meticulous with my spending. I am all about excel spreadsheets and creating budgets and saving receipts and keeping track of all my spendings. But sometimes life gets in the way and all those things go out the window.
And lately, life has gotten in the way.
Money and debt and all those things are very subjective and personal things. What may be a huge amount to one person, may seem like nothing to the next!
Right now, I am working to pay off 4 credit cards. And it seems like an enormous feat to me. I know compared to others’ debts, it’s nothing.
But to me, it’s blargh. And that’s all I want to say about that.
But really, I’m excited to become debt-free. I even made an excel spreadsheet with a plan of action last night! Fun stuff! And that’s no sarcasm.
Some sources say to pay off the smallest credit card first. The reason being it’ll be paid off the fastest since it’s the smallest, and kicking one credit card out of the way will give you the mojo to pay off the next credit card, and the next, and so on.
That makes sense, but it also seems to make sense to pay off the credit card with the highest APR.
Well, I’m sure this will be a continuous journey and I’ll be sure to update my progress in my “money smarts.”
When life gives you lemons, make lemonade!
Or, to be more true to the situation, when you give yourself sour lemons, make watermelon-rosemary lemonade! It’ll be delicious. =)
ETA: any advice or personal stories are welcome! =)