Frugal Idea #46: Moving on Forward

Happy New Year! Confession. I lost my passion to write lately. It is January 1, 2016 and I am back on. Three situations has happened that inspired me to write again:

  1. A friend of mine bought his new car in cash
  2. My cousin who is still in High School told me she reads my blog
  3. Someone reminded me that my blog helps them stay focused

How can I stop? For those who I inspired this past year, I am continuing to write for you.

Let’s catch up…

As you may have read, I paid off my student loan mid 2015 and I have been able to aggressively save money. It feels quite amazing to start this year without any interest rates to pay. I also have been able to save over a year of rent! It is quite powerful to know that if I happen to lose a source of income, I have some time to change the situation.

My car is going through some maintenance issues, so I have mentally prepared myself to start searching for a new car. My goal is to pay the car in full and still have at least three months of emergency funds in the bank. I will then aggressively build back up. Since I increased my retirement contributions to 15%, I am excited to see my nest egg grow.

For 2016, I want to keep my life simple. I still value time over money, so I am still finding ways to eliminate “stuff”, relationships, and/or events, that add no value to my life. I did goal myself to increase my net worth by 20% by the end of the year which will help my personal goal of finally having a down payment.

Unfortunately, I did not meet my fitness goals in 2015, but I checked out Crunch Fitness today! Now that my finances are in much better shape, it is time to make sure my mind and body are fit as well.

I hope you join my 2016 journey with me! I will be more committed to writing more. I hope I add more value to your lives so that your net worth increases and you are financially fit. Cheers and let us move forward!

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