Complacency is a hard habit to beat

June passed by so fast! And while I was able to catch up on some monthly bills. I’m behind on savings, and I still need to earn more. I know that I need to do this, but for some reason it feels comfortable right now, so I’m not trying as hard. 

Any suggestions on how to form habits or how to earn more on side hustles? I’m all ears. 

Fighting Poverty and Depression

I have a series of frustrations, the big one being personal finance. You see, I’m the extreme case of keeping up with the Jones’ except in my part it was a role that I had to play from the moment I moved to the US and vice versa.

I came from a developing country where my family is comfortable. My father is an immigrant to the US and I didn’t have a relationship with him growing up. He sends money to my mother and as a dollar-earner it has afforded my brothers and I, private education in the best schools in my country along with a housemaid. But we lived in a neighborhood that is just a slight improvement to favelas. My friends in grade school never came over, and we didn’t really hang out, outside of school.

When I moved to the US, those two facts – a housemaid and private schools – left an impression to my middle school friends here that I came from money. 13 year old me who didn’t have any friends here to begin with, thought I’d play along with this narrative in order to get friends. This lie kept going partly to the fact that my father also did not know how to manage money well. He gave my brothers and I an allowance of $50 every 2 weeks. I felt rich with cash in comparison to my cousins and friends back in my native land, and to my middle-school friends. This narrative kept on going for the next 17 years. If you meet me now, you wouldn’t think I was ever poor.

But the truth is, I’ve got over $128,000 in student loans and no savings. I’ve had stock investments before, but I had to use them because I moved out of my father’s house for what I claim was a “mental health reason” but now that I think about it, it was an emotional decision. I talk big in making high-risk high-reward business ideas, but I haven’t had the money to implement any of them. And recently, I lost my job because my place of employment is struggling.

It’s taken me awhile to come to terms to this but I’m ready to attack this debt and financial issue head-on. I know it will take perseverance and a lot of discipline. I’m hoping having a personal blog to keep me accountable and transparent can steer me towards that goal during times when I’m feeling less determined.

Since I’m new to this, I’d love to hear stories and meet people that are also struggling.