I wanted to post an update to my journal. I do have a financial update, but more so a discovery about myself that I need to work on
I have upped my short term savings from 10,500 to 11,500. Not that significant but it would have been more, if I hadn't taken a trip to Jamaica. I have also broken the 10,000 barrier on my student loan! I know owe about $9,800 at 6.5% and hope that by the end of the year I can pay it off. I'm currently saving about $1400 a month, outside of my 401K and Roth contributions. Mostly because I'm nervous about my new job in the private sector, the salary is great, but I'm not sure how stable it is. I should have a better sense for whether it will last by the end of the year, at which point I will pay down half of my student loans, and then increase the monthly contributions towards them.
Anyway, I discovered something about myself financially that I don't really like and I hope to fix. I am a helper/giver
I'm constantly helping or giving to others when I should be focusing on myself. I knew this before, I just hit a low point coming off of my vacation. I took $700 with me spending money on my trip to Jamaica. I bought a $100 ring, and then can't say where the other $600 went. I know my boyfriend asked me if I had some tens because he only had big bills and I gave him all the tens I had, not really thinking about it, plus he pays for most of the activities we do when we go out. However, I should have traded 10's for 100's as I would at the store, because we didn't do that much $ worth of activities. Then I helped buy groceries for his grandmother and before I knew it, I came home with 0$. This is usually the reason why I don't travel with cash. I usually buy everything I need with my credit/debit card, and never run into any problems with over-spending. I KNOW I need to fix this. I need to stop worrying about other people and worry about myself. Yes, we are in a relationship and it is give and take, and technically I would have spent some money on activities etc., but it wouldn't have been that much. This is not the first time, I've done this. I'm always helping my friends etc., and I don't shop unnecessarily, I don't accumulate debt etc., but I do feel like this is my financial bad habit. My goal for the rest of the year is to focus on me financially, no more helping others (unless its an extreme situation). I do think this is a matter of my upbringing. I'm a constant giver/overachiever because nothing I ever did was good enough at home. I've been working on it, and for the most part am much better now - except financially, which is becoming a big problem.
Any advice on how to keep my pockets to myself is strongly welcomed.