12-11-2015, 12:59 PM
Day 2/3
One of the areas that I want to focus and fix for my life is the fact that I've accumulated massive amounts of consumer debt, to the toon of over 40K on cards and personal loans, and another 150K+ in mortgage loans. The mortgages don't bother me as much, though I don't like being shackled to any debt, but that 40K plus is straight stupidity.
The debt's been bothering me for awhile but in Days 2 and 3 I decided to tackle it straight on. I spent several hours collecting the information on the debts and setting up a plan for paying them. Then today, I paid off the two smaller credit cards and the auto loan so that I shaved off about 9k of that debt. Now, this involved selling some underperforming stock (actually all of the stock I own that is not in a retirement account), as I didn't just magically pull 9k out of thin air. However, I do attribute LTU to exerting some desire in me to exhibit self-control and start taking the steps to pay this debt down.
I've also decided, after re-reading the LTU product page, to give this Sub a full six months, instead of the 100 days I mentioned in the first post. In that 6 months, I hope to extinguish all of the remaining painful debt.
Some other things I hope to transform over 6 months:
- I'm kinda fat, in a forty-year-old, pot belly way. I'd like to drop forty pounds so I can see my dick again without looking in a mirror. I signed up for the local Marathon which will be the last weekend in May, so right around the time I would be close to wrapping up my six months of LTU. I'm not a runner and I don't know if I can even jog one mile at this stage, but I want to cross this one off my bucket list.
- Going on a 6-month no-personal-spending diet. Can't go on a complete no-spend because I am the sole contributor to the family's finances, but I can take my personal spending out of the equation. I am only allowed to replace consumables (toiletries, etc.) or if something breaks that I deem I can't bear without significant inconvenience.
- No fappage. Hoping again that the self-control portions of LTU will help here. Before you ask, this does not include f*cking my wife.
- Creating a 5k/month author income. Right now I make $5 a month. Given the reported drop in income by many prominent self pub'd authors lately due to amazon's payout structure changes, I am not so confident at this stage, but I am eager to try.
- Get control of my possessions. I'm pretty burnt out by the rag-tag mess around my house. I can't always control young kids' mess, but I can control mine. I will go through everything I own and make a decision on Toss/Donate/Keep.
There may be more still. I think this is a lot and I really have to think through the goal on writing. I can't control what I make, so I may re-quantify that as a number of books I will publish during the six months.
One of the areas that I want to focus and fix for my life is the fact that I've accumulated massive amounts of consumer debt, to the toon of over 40K on cards and personal loans, and another 150K+ in mortgage loans. The mortgages don't bother me as much, though I don't like being shackled to any debt, but that 40K plus is straight stupidity.
The debt's been bothering me for awhile but in Days 2 and 3 I decided to tackle it straight on. I spent several hours collecting the information on the debts and setting up a plan for paying them. Then today, I paid off the two smaller credit cards and the auto loan so that I shaved off about 9k of that debt. Now, this involved selling some underperforming stock (actually all of the stock I own that is not in a retirement account), as I didn't just magically pull 9k out of thin air. However, I do attribute LTU to exerting some desire in me to exhibit self-control and start taking the steps to pay this debt down.
I've also decided, after re-reading the LTU product page, to give this Sub a full six months, instead of the 100 days I mentioned in the first post. In that 6 months, I hope to extinguish all of the remaining painful debt.
Some other things I hope to transform over 6 months:
- I'm kinda fat, in a forty-year-old, pot belly way. I'd like to drop forty pounds so I can see my dick again without looking in a mirror. I signed up for the local Marathon which will be the last weekend in May, so right around the time I would be close to wrapping up my six months of LTU. I'm not a runner and I don't know if I can even jog one mile at this stage, but I want to cross this one off my bucket list.
- Going on a 6-month no-personal-spending diet. Can't go on a complete no-spend because I am the sole contributor to the family's finances, but I can take my personal spending out of the equation. I am only allowed to replace consumables (toiletries, etc.) or if something breaks that I deem I can't bear without significant inconvenience.
- No fappage. Hoping again that the self-control portions of LTU will help here. Before you ask, this does not include f*cking my wife.
- Creating a 5k/month author income. Right now I make $5 a month. Given the reported drop in income by many prominent self pub'd authors lately due to amazon's payout structure changes, I am not so confident at this stage, but I am eager to try.
- Get control of my possessions. I'm pretty burnt out by the rag-tag mess around my house. I can't always control young kids' mess, but I can control mine. I will go through everything I own and make a decision on Toss/Donate/Keep.
There may be more still. I think this is a lot and I really have to think through the goal on writing. I can't control what I make, so I may re-quantify that as a number of books I will publish during the six months.
