Hi there! Welcome to the Common Cents Millennial. And my first post more specifically. I want to cover a few things about me and my style, so I figure getting that done in the first post is probably the best place.
First, I blog the same way that I think. It is just a stream of words. I noticed that my writing is more clear and relatable whenever I use a passive voice. And while my 11th and 12th grade English teachers may have a different opinion, I start thinking too much whenever I focus on whether something is a complete sentence or whether I could use a more colorful word. The way you read these posts does not differ if we were talking finances over a beer.
Next, I wanted to cover why I started this blog. Of course the obvious answer is that I am super into personal finance and want other people to be as well. But why start after all these years? I’ve been into personal finance since I was a freshman in high school. But a lot has changed since then that has finally given me motivation to get started.
- I went to a public university in a state that charges private school rates, even for in state tuition. Why did I do it? Because I was like any other 18-year-old kid who was ready to bolt out of my parent’s house and head to the city. All I knew was I was going to be living the life. Go to school, get a degree, and make mad money. And that’s exactly what my husband did as well. We met in college, dated for four years, and then said “yeah, you’ll do just fine” and got married. While going to my university was a great time and I met my husband, we graduated with about $150k in debt. Yeah, you can read that sentence again but it will still say the same thing. Public university, four year, two degrees, $150k. You’d be amazed how much more into your finances you are when you’re sitting with that kind of debt. My goal is for us to have it paid off within the next five or six years. I would be more aggressive, but my husband will be in grad school for the next two years (Public Health School studying epidemiology. Don’t worry, I had to Google what it meant too). I figured that by publishing our goals and progress, I would keep myself more accountable (and hopefully some readers as well).
- I work in public accounting. It is a great place for any accountant to start out at. And while I am learning a ton, it is extremely hard work. You are constantly having to be organized and balancing a million things at once. I am really looking for a creative outlet outside of that type of environment.
- Like many that have come before me, I found a man by the name of Mr. Money Mustache. Maybe you have heard of him? If not, he is pretty much THE guy in the early retirement community. And when I say early retirement, I’m not saying retiring at 55 instead of 65. Try retiring when you’re in your mid-thirties or forties. And he wasn’t a CEO and didn’t have a startup that he sold for millions. He lives by a certain philosophy where frugality is embraced and welcomed. He and his wife saved a large portion of their money each year, and by using simple math, figured out how they could retire much earlier than society says is okay. And that just woke me the hell up. And so now I am not only trying to structure my life to end up in a somewhat similar place, I want to raise as much awareness for this movement as possible!
- There are several people in my life (including my parents and siblings) who I think could benefit from learning about personal finances and the amazing online community that exists. While many people think that they are alone when drowning in their financial situations, I can guarantee you would find someone else in a similar situation in this online community.
So what are some of my goals with this blog?
- Post a monthly Status Report. Here I will break down what I brought in, what I spent my money on, and where I stand with my debt. Speaking of debt.
- Pay off our $150k in student loan debt within the next five or six years.
- Determine whether I want to buy a house, stay renters, or just invest in income property.
- Drastically cut back on my expenses in order to accelerate debt pay off and start saving.
- Set up our lives to crush our savings to set up an early retirement.
- Get to know more bloggers within the personal finance space.
- Get to know the other readers and lovers of the personal finance space.
- Bring in people who hate or are afraid of personal finance and show them how empowering it is to have a plan for the future.
- Have a productive and fun creative outlet for myself.
- Learn a whole lot more myself, because you will never know everything there is to learn.
How Can You Stay Involved?
Keep coming back to hold me accountable to these goals! And while you’re at it, check out some of the blog posts that interest you! Drop me a line about what you want to learn about or why your financial story is unique! Visit my “Start Here” Page to learn how to use this blog so that it works best for you.