Katie’s Spending Fast Update: Everyday I’m Hustlin’

Katie's Spending Fast Update | AndThenWeSaved.com

In last month’s article, I talked about being a teacher and how it affects my Spending Fast. This month I continued preparing for summer. I was able to get a summer school job that is three hours a day and I get paid the same as I did last summer working six hours a day–yay! This will allow me time to teach more yoga classes and lead yoga hikes to earn additional money. I am watching my friend’s kids for a couple hours every Friday evening for a small amount of money and dinner. (I am all about free food!) I plan to sell some natural versions of common products–such as bug spray, allergy relief rolls, digestion aids and body wash–made from my essential oils. I also hope to go through my belongings and find unused or gently used items to sell!

I am trying to do everything I can to earn and save money! For a long time, I returned bottles and cans, but over the last couple of years I have stopped doing that. I just have been putting them in my recycling bin. I have restarted returning them for a credit at the grocery store. I also have been putting the smaller coins (not quarters) in the Coinstar machine after returning the bottles. Doing both of these things has made a slight difference in my grocery bills. I am following the motto that every little bit helps!

I looked through my spending habits and identified areas where I was overspending. Now that I know what to work on, I will focus on buying only what is necessary! My problem areas are Dunkin’ Donuts, buying cute things (clothes, toys, books) for my seven-month-old niece, getting treats/toys for my pets every time I go to the pet store to buy them food, spending money on supplies for my kids’ yoga classes and going absolutely crazy anytime I enter a Target store… I am hoping in the upcoming months to resolve these problems. I may ban trips to Target for life!

I made a big money spending mistake this month! I did a Reiki (energy healing) Level 1 Certification Training earlier in the year. This month I took Level 2 training ($250) and bought a massage table, sheets, pillows and crystals ($100) so I would be able to give Reiki sessions out of my apartment. I plan to charge $50 for a one-hour Reiki healing session. In Anna’s book she talks about getting side hustles where you don’t spend a lot of money before you start. EEK! I wish I had considered this before spending $450 (including Level 1 training). It will take me some time to make the money back and start earning a profit. I plan to keep this in mind for future endeavors!

One life-changing part of this month was feeling like I finally had self-control! My good friend’s outdoor wedding is next month and I always have bought a new dress for events like this. I looked online for sundresses and found so many that I liked. Even with amazing choices and deals, I thought about my money goals and DID NOT buy anything! I will wear a dress I already own! This may not seem like a big deal to some people, but this was a major turning point in my relationship with money!!!

Some free things I enjoyed this month were sitting in my backyard while my dogs splashed around in their kiddie pool, writing in a gratitude journal, walking around a local festival, going to an art opening (with free wine–bonus!), coloring in an adult coloring book and listening to free podcasts.

As of July 1st
My debt is:
Credit Cards- 9,000
Lending Club- 7,772
Student Loans- 15,860
Debt paid since starting the Spending Fast – $2,266

 

To see all of Katie’s Spending Fast journey posts click on her name at the top of the post, and to follow all of the Spending Fasters click here.

P.S. Ready to get out of debt ASAP? Check out the Spending Fast Bootcamp!

6 comments

6 thoughts on “Katie’s Spending Fast Update: Everyday I’m Hustlin’

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  1. Sandy

    One big thing that has helped to slash my spending was to pledge for one year to try to buy things only from the used market. There are some exceptions, think under garments, but I have stuck to it 99 percent of the time. Now I don’t go into stores that tempt me so I really save. And I have been amazed how many brand new with tags on items I can find. This is really true in the kids area where they outgrow things before they can even wear them.

    Just thought this might help.

    Reply
    1. Katie

      Yeah! A store- Second Hand Chic just opened up around the corner from me! I plan to go the week before school starts- next week!!- to get a couple basics that will help for going back to work!

      Reply
  2. Chante McLin

    You Go Gurl! I don’t even know you and I am proud of you! It is hard not to buy something new when you go to a wedding, etc. etc. and Target is a money sucker for sure. Begin with the end in mind. Yesterday I was watching the Olympics and the marathon runner who won the gold. He had such a determined look on his face, and as the finish line came in sight he was all smiles and he just flew down the road! Your Spending Fast is a marathon too, so keep your chin up and keep going! You are going for the GOLD!!!

    Reply
    1. Katie

      AH! I love this message!! Thank you! My goal is to buy a house so that is always on my mind now! Its amazing how having a specific goal provides so much added motivation! I love comparing it to the Olympics!!! :)

      Reply
  3. Princess Bagley

    I’m proud of you Katie! ! Keep pushing!! I know how hard it is not buying a new dress for events. My birthday is Thursday I bought a new dress. I’m going to wear it to the museum. At least admission is free.. You got this Keep Hustling!! I’m inspired by your progress! !

    Reply
    1. Katie

      Thank you!! I always buy myself a birthday present too! Will have to think of something free or realllly cheap for this year! I love free things, like visiting the museum!

      Reply

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