My motherhood journey has been a beautiful, difficult, and rewarding one. However beginning it so young has affected me in ways I didn’t realize until recently having a newborn home again. As I reflect, I have a lot to say to my younger, new mom self
Overall, what you choose to do needs to fit your personal situation. Take a look at the types of debt you have, their balances, and how you can realistically pay it off. Below we will take at the two common strategies used to pay off debt.
An emergency fund is just as necessary as food, shelter, and clothing. You NEED one! About 7 out of 10 people cannot afford a $1,000 emergency. Do you fall in this statistic? If you do, don’t be ashamed! You can make a change.
A common misconception is that a budget is a punishment or code for “broke”. When in fact a budget is nothing of the sorts. Did you know that you could still buy the things you like and do the things you want and still have a budget? A budget is a plan for what matters most to you.