April Budget | Saving For My Debt Free Scream! | Aja Dang 

Keep at it!! The biggest struggle is patience. Listen to the Dave Ramsey show. You'll get a lot of inspiration from there. I had 130k of debt Dec 2017. Today I only have 60k left. It's amazing what happens when you are intentional.

Hell ya! #GoTiffany

That sounds amazing! You are goals!

Omg this is the most supported I've felt in ages and I straight up want to sit here and cry in relief. Thank you, fam, so much 😭😭😭

@@mxx6901 That's AMAZING. I am SO happy for you and so excited for you to knock off the 60K!! Please let us know when you do, and trust I'm cheering from across the internet 🙌🏼🙌🏼🙌🏼

totally. If you put it out in the universe, it gives you what you ask for.

Congrats!!

Congrats, go girl go!

yes! mini (saved) splurges are so important during your journey.

oohhhh, I didn't even think of that!

@@AjaDang yes! Open a savings account with high interest - CIT (2.45%) Ally (2.2%?) etc... Or maybe even a short term CD (but timing will be important)

Doesn't the government also charge YOU interest though if you don't pay quarterly?? They lose money because they can't invest it

@@LivinglikeLeila Not to my knowledge, since income taxes are due annually. But, admittedly, I'm not a tax professional. I have never heard of it though.

@@AjaDang If you owe the government too much at tax time, they will charge you a penalty on top of the yearly tax amount if you don't do the quarterly. Given how much you said you had to pay this year, I'm pretty sure you already paid the penalty as well. If you don't want to have to do the same next year, you MUST pay quarterly taxes. Not the full amount you owe every quarter, but at least enough to prevent a penalty fee.

WHAT?!?!? OH MY GOD THAT'S AMAZING!!

Aja Dang Thank you so much! It is such a huge accomplishment for me!

good for you!

carnival30 individual retirement accounts, one is tax deductible and one is not. You can have both. There are various companies and you can open with different companies as long as you don’t go over $5,500 total for Roth and $5,500 for traditional. Your money slowly grows with the compound effect as you continually deposit money each year!

well apparently people are telling me that I don't know what I'm talking about when it comes to taxes so probably can't do that video right now until I figure that out myself

I think that’s fair on both sides and better to err on the side of caution. I think it’s great to share your story but to start informing or recommending financial/investment products can be tricky. I think what you’re doing is good enough if not great already!

You can google it or search for a good explanation on investopedia.com it can be a little dry at times but it’s pretty good for reading up on different accts such as retirement accts!

I'd say talk to your local bank or credit union. There are also retirement services that help with retirement accounts.

ya. that's what the video was about

you can do it!

it will DEFINITELY help you stay accountable.

knocking them down one card at a time!

Hi Naysgrace! You might consider securing a lower interest personal loan to consolidate all of your credit card debt. You'll have 1 payment, versus multiple payments....but...the key to being successful with this is two-fold. 1. Continue to make the same payment to your loan that you were paying to your multiple cards. Example...Let's say you have 4 credits cards with minimum payments of $50 each. That's $200/month and you're probably barely covering the interest, thus, it feels like you'll never be able to pay them off. If you secure a lower interest loan, which will likely have a payment much lower than $200/month, you want to STILL pay the same $200. With a lower interest rate, more of your $200 will go toward the principle of your loan, effectively allowing you to pay it off in a shorter time period. 2. STOP USING YOUR CREDIT CARDS. Once you've paid them off with the lower interest loan, close out all of the accounts except the one card with the lowest interest rate and/or best feautures. Most of us need at least one card for emergencies. 3. Budget, budget, budget....along with maintaining a high degree of self-discipline. (This is the hardest part for most of us!) Good Luck!

Jodi G from FW, TX Thank you for the tip about the securing a personal loan. I will definitely check to see if I could qualify for one.

our incomes are not combined and he has a very small debt that he could pay off today but it's not a priority. I just take care of my own stuff and stuff for my family. we will definitely need to go to FPU before we get married. (btw not going to get engaged for a while before y'all start going crazy)

it's ok to overspend! Better to know where and how to overspent then ignore it happened. Learn from your mistakes and do better. It's all apart of the process.

that is true!

I believe he's sleeping in almost ALL of my videos shot in my room haha

great idea! Thanks for your suggestion!

WOWOW! I wish I was in your situation when I was 25! Amazing!

ya pretty much

thank yo!

wow - congrats!!!! You're so close!

Anna glad you mentioned this! I was going to if I didn’t see it in the comments. No sense in missing out on compounding gains! 💪🏻🔥🔥🔥

yes I know. $5500 was for my IRA for 2018.

we've all been there, don't be too hard on yourself.

YES! So glad you made a decision to buy in cash.

simply, they take 20% of what I make through them. So 20% + the 25% I put away for taxes, I'm left with 55% of my original fee.

oh. my. gosh. THAT is such a good idea! we live in different cities but maybe next time I see her I'll ask if she wants to do that. what questions do you have for her?

I am

I definitely could not have done it without them

sure! Any recommendations for a cool bar or restaurant? (food related please)