I have a conundrum…

I have in my savings, about 2 months worth of local salary. This amount of money can usually feed and house a family of 4. So I can live off it, for maybe 3-4 months.

My problem is, I left some important paperwork in the US. and I need to actually get it personally. This means, I’ll have to spend that money for a ticket to go back. I think I know what I have to do. Which is, go back to the US. Because while there, I can earn more. It’s just a bit scary to use up the money I have left to run an errand.

Someone guide me.

Since I don’t have bills, I can develop some website and see if any of them can have income in a month before I have to buy a ticket. Thoughts? Suggestions?

-S

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Of Frustrations When Moving Back Home

I recently moved back home, because it makes sense financially. I don’t have much savings to live off of, and with what little I have, I would rather spend it on investing for projects I want to pursue. But because I lived in North America for awhile my family here in South America thinks that I’m made out of money.

My family can be classified as upper/middle class over here, well at least if we think of family in the extended sense. It’s an expectation for parents to pay for school/ help out their kids over here but that didn’t happen to me while I’m in N. America. So when I come home, I’m expected to bring presents/ treat everyone.

When I asked my aunt about meeting up, she asked me for a gift. I told her, I don’t have any because I’m moving home since I’m broke. She jokingly said “you still don’t have savings” or maybe it wasn’t a joke even.

It’s frustrating for me because, unlike my cousins, I had to take student loans out for college. Unlike my cousins, nobody went to my graduation – I didn’t even walk. Unlike my cousins I don’t get christmas money or birthday money. Unlike my cousins I paid for rent. So I think it’s so unfair that the expectation of me having my shit together seems a bit high. I already feel like shit that I don’t have my shit together. I’m just annoyed with the misconception that everyone that moves to the Western World thrives.

I didn’t… and it’s also largely because of abusive father but that’s another topic. I’m feeling a little down after this move. My lifestyle is a definite downgrade, but I plan on using my “educated-in-north-america” card as much as I can in order to open doors and thrive here, and there and everywhere.

XXX
-S

Fight and Flight

My past employer is disputing my Unemployment claim based on “misrepresentation of facts” Basically, I got unemployment because the business is participating in illegal activities which is – not paying their employees on time. After that, I have been harassed and sent inappropriate messages before they even knew I applied for unemployment.

They’ve made me very emotional, angry and frustrated through this whole process and I think I have every reason to. So, I don’t want to represent myself during this hearing and would prefer a lawyer to handle it. I’m nervous and so uncomfortable but I know in the end I am right. Am I worried that I’m a low-income minority woman taking on 2 rich white male? Yes. Yes I am.

So if you have any suggestions or words of encouragement I could really use it for the next few days. I will keep fighting this.

-A

So Much Good Signs!

I’ve never been the one to look at coincidences, events and symbols as signs of things to come, but lately I really think and believe that things are falling into place and I am exactly where I am supposed to be. I am happier – definitely no longer depressed. I feel productive and have been building momentum for working on my own things. I’m not sure where this creative steroid or high is coming from but I wish I can bottle it up and relish in it.

I’m nervous about my big move, but I know it’s what I’m supposed to do, and before that I have to finish a lot of work and fund it. Maybe I should just push for my $20,000 goal in one month. Realistic? Probably not but if for once I’m following signs, then maybe I should keep going with this in mind and really give it all I’ve got and go all in.

I’m not playing. I’m all in.

Best,
-A

Re-strategizing.

I just updated my list of things to pay-off/ do and unfortunately, I haven’t accomplished as much as I want to by now. I’m about 10 weeks away from leaving my apartment and there are still big decisions to be done before that could happen successfully. Like, where am I going? What am I doing with my life? The next month will be very unpredictable. I have a few projects that are coming to fruition, and I am hoping some of them will yield me some form of income.

I can feel getting close to failure, which in a way is good. Because, I really don’t/ cant have a back-up plan. So failure is NOT an option. One thing I know is that consistently talking about things do help. As long as I keep being active with blogging maybe I’ll be more productive.

Wish me luck! and I will try my best and give it my all.

-S

A New Habit I’m Building.

I think I would be more effective if instead of writing on my journal at night to reflect on things that happened on my day. I want to start writing when I wake up. The idea is that, I will be more proactive rather than reactive when it comes to my day. I can write about my plans, and ideas instead of ranting about what happened during the day. I’m going to try to do this for blogging too.

How this would affect this specific blog:

  • I can write about how I plan on spending my money instead of how I spent it. Of course I can write about how I spent it too, but I think that my budget will be more actively on my head if I write about it first thing.

 

What do you guys think? When do you write on your journal? If so why do you like writing during that time of the day?

-S

Trying to be a Nomad

I want to take a year simply exploring the world. I have no budget as you guys know. But if I were to go home, I think I can afford it. Even better, I might have enough to start a company. I can live off my grandparents’ farm. But I have a math problem. For sure, I can leave for 2 months but I might need to come back to my city right now for a week or two for a professional event. Should I airbnb my room out? or should I just completely get out of my lease?

Memory 1

I used to be a server and I would earn money per day through my tips. I earned a lot, or at least enough that with the right budget I should’ve been in a better position. But I was so young, and YOLO was my life’s theme. I would invite people for parties, cover the costs and not budget it at all. For example, I remember buying $120 worth of groceries when I had $140 in my bank account. I thought it was ok because I was going to earn money on my next shift anyway.

I want to post these memories so I can remind myself of my progress – having $185 in savings and thinking ahead to say 2 weeks in advance when it comes to finances.

Dreaming and Strategizing

One of my lifegoals is to built my own house. For someone that was raised as a renter, owning a house has been a dream. I’m almost 30 and I’m still dreaming about it. Fortunately, since my other home is in a developing country, the cost of owning a land there is so cheap. So I turned that dream into a plan, by setting a rough estimate on how much it would cost me to build. Fortunately, my architectural background would enable me to build it on my own. I have ID background too so I can build my own furniture. But just for shits and giggles, I wanted to what kind of money it would take to just furnish a 1 bedroom/ 1 bath house. And my shopping list in Ikea is running about $6,000 at the moment. I can buy a small plot of land for about $3000 back home. If my built cost is the same as the larger number, I should be able to build my dream for about $15,000. That’s not even a downpayment for the United States City that I live in! So it sounds doable, but of course since I plan on building it myself, it means I’ll need to take some time off from working and just building my dream.

Considering, I’m still looking for a job, it feels unattainable at the moment. But it’s good to have a plan for it. Save $15,000 for my dream cabin/ tiny home. If I add another $5000 to turn whatever furniture I build for myself into a furniture line to sell, that means I just need to save $20,000. Easy peezy?

The first number for my goal seems set. Now I just need to figure out timing. How much time do I need to finish my dream cabin?

Barbara Corcoran

I didn’t think I could admire Barbara Corcoran more, until I finished listening to a podcast that interviewed her recently. It’s “How I Built This – Barbara Corcoran.” Things that I hope to remember the rest of my life:

1.Know how much time you have left based on the amount of $$$ in your bank account.

Hearing Barbara budget her cost of business based on the salaries of her employees really resonated with me. This is something that I vaguely practice. I know what I have and whether or not I have enough money in my bank to survive another month etc… But something about the way I’m doing it, doesn’t push me enough, while something about how she does it makes me want to do it her way. I’m not sure what the difference is, maybe it’s my personal finance versus her business. It’s probably more of a push for her since she’s got her employees depending on her, while I only have to take care of myself. Because of this knowledge though, as I dive into “self-employment” I think I’m going to look at things this way too. How much time will each of my accounts payable buy my business?

2. Recruit based on potential and then empower your employees.

In the beginning her staff, are people she’s interacted with that she thought had the potential to be a real estate agent. It’s baristas, waitresses, flight attendants that she connected with and empowered to work for her. This is something I want to do. I want to recruit based on people, instead of resume. I think I will need to, in the future if what I’m trying to do is develop an economy where most people didn’t really go to school. I do believe training is a responsibility that good employers take on.

3. After a certain amount, numbers and values don’t seem to mean much.

She put her company in the market expecting 1 Million ish, she got a call from a broker saying somebody made an offer for $23 Million. She rebutted with, “don’t call me back until you get a $66 Million offer” simply because it’s her lucky number. My take away for this is that, after a certain point the value of something is really what you think it’s worth to you. Don’t be scared to negotiate.

Barbara is somebody that I’ve always looked up to, and it was really more because she’s kind but fierce in shark tank. But after listening to her podcast, I respect her so much more because her successes are truly because of her street smart, and her go-getter attitude which is something I always thought I had.