Monday, January 9, 2017

Alcohol Free

My Goal #18 for 2017 is to have zero alcohol related fights or issues.  Its 9 days into the year and I have already screwed that up.  Actually I only made it 7 days into the year.  I drank WAY too much over the weekend and really embarrassed myself and my boyfriend.  I have spent the past two days hungover and feeling guilty.  What a waste of life!  So I have decided to cut alcohol out of my life for awhile.  I'm not sure how long I am going to do this.  I don't have a definite plan but trying to moderate was NOT working.  Before things go too far I am just going to abstain.  I don't know exactly what this means.  I'm not sure if I have a legitimate alcohol problem or just a lack of control.
These are the things I am going to try to figure out.

A lot of what I do for fun involves alcohol.  Whether its meeting a friend for happy hour or going out for dinner and drinks or going on the boat or to the beach.  I know alcohol doesn't have to be present at these things but for my group it typically is.  It will take a little adjusting to get used to not drinking but I know I can do it.  Also, I would like to find a few new non-alcohol related things to do.  I feel like I am heading in the correct direction.  I feel like this is what I need to do for me right now.  I hope my boyfriend will be supportive and encouraging.  99% of the fights that my boyfriend and I have had involve alcohol so I think this will bring a lot of peace to my life.  That is what I am looking forward too.

Workouts 1/1/2017 to 1/7/2017

This was a great week of workouts!  I love the mix of the Push and the Power Classes.  The Power classes are more weight lifting focused and the Push class is more of a bootcamp style.

Sunday - 1 Mile Run and then 10! of Burpees, Push-ups and Sit-ups

Monday - Iron Tribe Push Class: 2 Rounds of the Following:
                 3 minutes at each Station
                 Station 1: 15 max/30 light X 4 on Assault Bike
                 Station 2:  3 min AMRAP of 7 Box Jumps + 7 Burpees
                 Station 3: 200m MB run (14lbs) then max rep Sit-ups
                 Station 4: Rest

Station 1 on the assault bike was intense!  15 seconds of hard work doesn't sound too bad but it was awful!  My legs were fried for the box jumps on Station 2.

Tuesday - Iron Tribe Power Class: For Time: 25 minutes
                 5 Rounds:  400 meter run
                                    20 KB swings
                                    10 Handstand Push-ups
I used a 35lb Kettlebell, Orange scale and finished in 21:26.  This was a challenging workout!

Wednesday - Rest Day

Thursday - Rest Day

Friday - Iron Tribe Push Class: 5 Rounds of the Following
                               15 Calories on the Bike
                               20 Kettlebell Swings
                               10 Strict Hanging Leg Raise

Saturday - Yoga Class On Demand

Friday, January 6, 2017

Debt Update January 2017

As I mentioned a few weeks ago, I have found myself in a mountain of debt again.  Here is my January Update:

Iberia Loan  $2,377.67
Fifth Third   $5,395.40
Boyfriend     $7,000.00
Wells Fargo $1,545.12
TOTAL        $16,318.39

As of December 1st my Total Debt was $16,444.39.  So in the month of December I made very little progress.  At that rate it would take me FOREVER!!  So I started a part time job.  I went back to the waitressing gig that I had in college.  This was extremely humbling but honestly I wish I did it about a year ago. This situation would be cleared up by now if I had done that. This month I should be able to pay off the entire Iberia Loan.  That will be such a great feeling!  I think once one debt is gone it will feel like I am making progress and will be very exciting!

My point of writing this post is to keep me accountable and to help inspire others!  Debt can't feel overwhelming but just get started!

Monday, January 2, 2017

2017 Goals

I love goals!  I love a new year.  To me it feels like a fresh start, clean slate, a do over!  Here are my 2017 Goals:

1. Stop Biting Nails - Ugh this is a DISGUSTING habit and has been on my annual Goals list since 2011!  I stop for a few weeks or even months and then relapse.  If anyone has any tips please let me know!

2. Increase My Income by 64% - Large goal but I know it is attainable.

3. Increase Assets Under Management by 30% - Those in the Financial planning world will understand this.  This means that I want to increase the amount of client money that I manage by 30%.

4. Read 12 Business Related Books

5. Teach Dave Ramsey's Financial Peace University Class 3 times

6. Be Debt Free by December 31, 2017

7. Decrease Body Fat to 23%...Got weighed today and I am currently at 25.7%

8. Be Able to do 5 Unassisted Pull-ups....I have been trying to increase my upper body strength for years but progress is very slow

9. Do grey workouts only 25% of the time...Iron Tribe breaks the class into different color divisions based on the amount of weight you use.  Grey is the easiest so I would like to do the harder workouts 75% of the time

10.  Meditate 5 days a week

11.  Take a meditation class

12.  Blog once a week

13.  Read The Story - The Bible as One Continuing Story of God and His People

14.  Volunteer at Church

15.  Attend a Bible Study or Connect Group at Church

16.  Read 12 Spiritual Books

17.  Try Paddleboarding...Live 5 minutes from the beach and love to exercise so this seems like something I should be doing on a regular basis.

18.  Have 0 alcohol related fights or issues...Ugh Alcohol....So fun...Til it isn't.  Sometimes (most times) when I drink I completely lose my filter.  This is not something that I am proud of.  This is somewhat acceptable for a 22 year old but not a 32 year old.  This is something I really really want to improve this year.

19.  Get Engaged to D

20.  Read 25 books for fun

21.  Find a New Charity to Get Involved With...I have volunteered with the American Cancer Society, our local Elementary school with a reading program and with Habitat for Humanity.  I enjoyed all three but am looking for something new that I am passionate about.

Sunday, January 1, 2017

Workout Recap 12/25 to 12/31

12/25: Christmas = Rest Day!

12/26: At home workout: 10 Rounds of 10 burpees and 10 sit-ups.
           I was short on time and just wanted to do something quickly

12/27: Rest Day

12/28: Iron Tribe Class: A. Sumo Deadlift (13 min)
                                            5 - 5- 5 - 5- 5  * Weight is approximately 75% of 1RM Deadlift
                                            I used 105lbs.  I probably could have went a little heavier.  It was my first                                             time doing a sumo deadlift so I wanted to make sure my form was correct.
                                        B. For Time (10 min cap)
                                             30 Burpees
                                             10 KB snatches
                                             20 Burpees
                                             20 KB snatches
                                             10 Burpees
                                             30 KB snatches
I used the lightest KB, only 15lbs.  KB snatches are a new move for me.  I finished in 8:05.

12/29: 3 mile run at 9'45" pace.

12/30: Rest Day

12/31: Rest Day

As you can see, quite a few rest days.  Usually I shoot for 2 or 3 rest days a week but this was a strange week. I wasn't going into the office regularly and my normal schedule was blown.  You would think if you weren't going to work that you would have a ton more time to work out but I really don't know what I spent my time doing.  Oh well!  Next week will be back to normal!

Wednesday, December 7, 2016

Recent Reads

 love to read!  When we first moved into our new condo we didn't have cable for the first 6 months.  Not because we were being cheap but we didn't want to waste an entire day waiting for them to show up.  During that time I really increased the amount of books I was reading and even though we caved and got cable I still read a ton.  I wanted to share a few books that I have read recently.

Prep by Curtis Sittenfeld - 2 stars
I have read two of her other books, American Wife and Sisterland.  Sisterland is one of my favorite books ever so I was excited to read Prep.  Unfortunately I had a really hard time getting into this book.  I kept waiting for something to happen or for it to grab my attention but it never really did. The book is about a teenager girl Lee that is an outcast and she attends a upper class prep school. My book club is reading her book Eligible this month. I just picked it up from the library so I will give that one a shot. 

The Woman in Cabin 10 by Ruth Ware - 2 stars
Unfortunately this book was a disappointment too.  There were a lot of characters in it but I didn't think they were developed very well.  I kept getting confused trying to remember who was who.  The book is a mystery and usually I can't put these types of books down but this one didn't really hold my attention. 

The Compound Effect by Darren Hardy - 4 stars
This is a self help type of book.  I really enjoyed it!  The book is all about doing small things every day that get you closer to your goals.  It shows how big things take time to happen and its what you do continuously that really makes a difference.  Definitely worth reading!

Have you read anything good lately?  I need suggestions!  Thanks!!

Digging My Way Out of Debt....AGAIN

In 2011 I was 3 years into my financial planning career and going to graduate school for my MBA.   A career in financial planning takes awhile to build so I was still waiting tables at night and on the weekend to make extra money to pay for grad school and to cover my living expenses. But then I tore my meniscus.  I had to take about 6 weeks off from the waitressing job and have knee surgery.  I had a crappy insurance policy with a $10,000 deductible so  within 6 months I found myself about $12,000 in credit card debt for medical bills.  It sucked! But I really slashed my lifestyle and slowly dug my way out.
I started 2015 completely debt free.  And my income really increased in 2015.  I thought I had finally made it.  In April of 2015 I had $10,000 in my savings account, was regularly contributing to my IRA and my business was really growing.  It was then that I decided to finally quit my weekend job of waiting tables.  It was the best feeling ever.  It made me think that going to school and working hard had finally paid off.  

Fast forward to February 2016 when I did my income taxes and realized I owed the government $10,000.  In hindsight I should have known better but I thought I had enough business expenses and write offs and that the tax bill would be closer to $2500.  It was a very scary feeling!  I remember calling my boyfriend in a panic and having a major meltdown!  A few days later I went to my bank and applied for a loan.  They gave me a $15,000 loan at 9% for 60 months.  I should have only taken out the $10,000 I needed for the tax bill but the banker said I was approved for $15,000 so I took it all.  WOW what a mistake!  Looking back I should have called my prior employer at the waitressing job and asked for my job back and started stock piling cash til April 15th when my taxes were due.

So this past year I have been treading water to get the loan paid off and I haven't really made any progress.  Actually I have made ZERO progress.  I took the $15,000 loan out in April and I currently owe $16,866.  How is that possible?  I started moving some of the bank loan onto credit cards that had 0% introductory rates.  Then I told my boyfriend I only had $7,000 left on the original loan that was charging 9% interest.  Being the sweet, generous guy he is he loaned my the $7,000 on the spot so I wouldn't be paying any interest anymore.  But instead of using all of it toward the bank loan I used some for living expenses.  Again bad decision.  So I finally got really fed up with this and decided its time to do something about it!  So this is what I am doing:

  • I am using a budget and the Dave Ramsey envelope system - this is working pretty well!
  • I have stopped contributing to my retirement accounts until the debt is paid back
  • I have cut a lot of things that aren't necessary out of my budget like massages, new clothes, my Audible account and have cut back on dining out
  • This week I asked for my old waitressing job back - I honestly can't believe I did this but it will really help me knock this debt out
My goal is to have it all paid off by August 2017!!  And then I can quit the waitressing job again and start getting massages again!  Its embarrassing to have a financial planning business and be in this situation.  That is why I feel the urge to clean it up immediately! 

Have you ever made a dumb financial decision?  Did you know it was stupidly immediately?  How did you fix it?