Update: Where I’m At & Where I’m Going

So, I thought I’d do an update post because the last one I did was all the way back in March, which was, well, months ago now. There have definitely been some changes in that time, as I’m sure there have been with you…much to do with COVID-19.

I’ll get right to it…here is where I’m at:

Current Credit Card Debt:

Mastercard #1 – PAID OFF! (In March, it was at $921.60.)

Mastercard #2 – $3942.52 (In March, it was at $5787.75.)

Gym. Due to COVID-19, my gym had closed for a couple of months. Once it re-opened, I hmm’d and ha’d over whether I should go back or not. Before the coronavirus, I was not the type to worry much about germs. Now that has changed because of the pandemic. I finally made the “executive decision” and cancelled my membership. I am now saving $47.95/month.

My boyfriend recently moved into a condo that has a much less used gym in it, so if I need to, I’ll feel better working out there. I also used to work at home with workout DVDs so I can use those. Right now, I get my cardio with frequent outdoor walks or jogs. I also have free weights and bands at home that I use for strength.

Savings. Although, I am putting the majority of any extra money into my last credit card I’m paying off, I do have a tiny bit of money socked away in a high interest savings account. I always like to have a bit of a money “cushion” so I keep a bit set aside for a just-in-case situation. Because this money sits in a high interest savings account, it generates a bit of extra moula, also known as interest.

52-Week Savings Challenge. I talked about this in a previous post. It’s a challenge that my boyfriend and I decided to do together, which is good because we remind each other each week to transfer money over to each of our high interest savings accounts (gotta make that extra interest too!).

If you’re not familiar with this challenge, how it works is you start off your first week putting in $1, then week 2 is $2, week 3 is $3, and so on, until you get to week 52 which is one year later obviously. At that point, you are sitting at a grand total of $1378!

Surveys. This is a very easy way of making a bit of extra money. It’s not a huge amount or anything but it’s so easy. Did I mention how easy it is? I make about $50/month so it pays a bill for me. It’s like free money paying that bill. That’s how I look at it anyway. I sit there and do a survey on my lunch hour, or while watching TV, or waiting in line somewhere, doctor’s office, etc.

Seeking Passive Income. I’ve recently become very interested in creating multiple streams of income, so I’ve been doing some research into passive income. So, this is the type of income that will require some work in the beginning but then not so much after that is done. I like the idea of doing this so that I can still keep my day job in the beginning. I also like the idea of making money while I sleep.

Job Hunting. I’ve been unhappy at my current job for awhile now. I put off job hunting when the pandemic first started, but recently I’ve started going hard looking and applying again. The only thing is, is that the type of job I want may be tricky to get without the proper training, which I don’t currently have. This brings me to…

Where I’m going:

Course for New Job. As I mentioned above, I need more training for the job that I want, so I recently bought a course online, inexpensively at Udemy, to get me that training. I’ll be getting started on that soon. I just have a glitch in my system that I need my brother’s help with and he’s been busy lately.

Course for a Website I Own. One of my passive income ideas that I’m interested in doing is to “resurrect” a website that I created years ago, so there’s already a lot of information (articles, etc.) on it. I just have to tweak it up a bit, get some traffic and monetize it. BUT…I want to become an expert in my niche, so I want to buy an online course to gain more knowledge on it.

The course for the new job was on sale for a very inexpensive cost, and I’ve seen a great deal on the website niche course too, so I’ll be purchasing that soon before that deal is gone.

That about sums up what’s going on with me in my world to become debt free. Please feel free to share your ideas and where you are at. Until next time…