Shedding the Heaviness
For most of my young adult life I was burdened with two major things – weight and debt. I felt enormous pressure to rid myself both which would ultimately lead to downward spirals which left me worse off than where I started.
In 2010 something change, I changed.
In January 2010 I started to take control of my weight and fitness. The way I started to take control was to PAY ATTENTION TO IT. To look at it head on and make note of it. I needed to know where I was before I could imagine where I wanted to be. Those first 6 of so weeks of paying attention and seeing change, made me realize I needed to face my earnings/spending/bills/debt head on too.
I had school loans, but with really low interest rates (thanks pre-market crash). I had two credit cards – one with a much lower interest rate than the other. Instead of trying to pay the same amount on both each month, I paid the minimum on the lower interest card and paid a combo on what I could I paid off on moth each month (minus the minimum paid) on the higher interest rate card. Seeing one card’s balance decline rapidly helped my morale.
One thing that was glaringly obvious was that I was spending WAY too much money on a car loan. I loved the car but there was NO WAY I could keep it up, especially without spinning into insurmountable debt. Plus I could DO SOMETHING ABOUT THE CAR. I could trade it in for something cheaper which is exactly what I did. Car salesman don’t scare me, I’ve never shied away from a car buying inquiry. So in February 2010 (6 weeks into my weight loss journey) I got serious about trading in my car. I knew what my car was worth and I knew how much I wanted to spent a month. I ended up trading in my 2007 Toyota RAV4 for a 2007 Toyota Camry (it even had 3-4 thousand less miles than my car). I also cut my monthly car payment from ~$480 to ~$280. I’m FINALLY two payments away from owning the car. After it’s paid off in March I plan to put $200 in savings each month after it’s paid off and give myself a little more money in my budget.
$0 credit card debt, $0 car debt (as of mid-March), and just over $5K in school debt. This will be quite the NSV (non-scale victory).