Q1 2015 Net Worth Update

I’m baaaack! It’s been almost 3 months since my last post! I’m so late on my monthly net worth updates, so how about we just jump right into it with a Q1 update?

Q1 2015 net worth update

Net worth as of March 31, 2015: $213,014

Overall, my net worth decreased by $6,621 this quarter :(


Cash: $2,907 [down $395]

As always, this category fluctuates every single month. This time, it just happened to fluctuate in the wrong direction :(

Short Term Savings: $1,108 [down $942]

This consists of:

Emergency fund: $1,001
Personal Escrow: $100

The significant decrease in this category is mostly due to the fact that I cleaned out my wedding fund to go towards a down payment for our wedding reception venue.

Retirement Savings: $30,639 [up $2,982]

This consists of:

Roth IRA: $18,851 [up $1,767]
Traditional IRA: $8,929 [up $184]
401k: $2,859 [up $1,031]

Although the rest of this update is pretty ugly, my retirement savings definitely held it down with the nice gains.

Est. Car Value: $15,970 [down $255]

What’s there to say? I expected consistent decreases in this value since I bought brand new. I’d complain, but complaining doesn’t help.

Est. Home Value: $469,836 [down $9,164]

This biggest decrease of the quarter! I pulled this number from Zillow. I could probably pull a more accurate value from my realtor, but since I don’t plan on selling soon, this value ultimately doesn’t matter to me at this point.


Credit Cards: $5,382 [up $1,688]

This consists of:

Wells Fargo @ 0% – $2,820 [down $180]
Discover @ 15.99% – $2,562 [up $1,868]

I vowed to stop my wedding savings until I paid off my credit card debt. But when I have no savings for my wedding, how do I pay for all these down payments? I pay for them with my credit card… smh.

I hate making excuses, but a lot has happened in my fiance’s life and mine these past few months in terms of family issues. Debt repayment and weddings savings have been on the back burner. Until then, my debt grows. Everything is mostly settled as of today, so we’re working on pulling ourselves out of this hole to reach our goal of getting married CC debt and wedding debt free.

Student Loans: $14,650 [down $383]

This consists of:

Group A – Direct Subsidized @ 6.8% – $2,873 [down $43]
Group B – Direct Subsidized @ 6.0% – $3,657 [down $60]
Group C – Direct Subsidized @ 5.6% – $4,449 [down $75]
Group D – Direct Subsidized @ 4.5% – $2,194 [down $41]
Group E – Direct Unsubsidized @ 6.8% – $1,474 [down $163]

Slow and steady with these guys as usual. I’ve decided to no longer rush this payoff until my CC debt is gone first.

Car Loan: $15,868 [down $997]

I paid almost $1,000 toward my car loan this quarter. Great progress in my opinion!

Mortgage: $271,545 [down $1,461]

Same as above – great progress this quarter! As I mentioned above, I’m in no rush to sell my house, so the minimum payment will do just fine for now.

Yuck. Not exactly a great quarter in my opinion, but a lot of it had to do with decreases in asset values. Hopefully next update will be better.

How did the first quarter of the year go for you?


Links Lisa Likes – Wedding Fever

Two weeks ago, The Fiance’s cousin got married!

A long time ago, when the Fiance was The BF, he introduced me to his family one Christmas Eve. That same Christmas Eve party, The Fiance’s cousin introduced his girlfriend to everyone for the first time, too. Now – they’re married! It was such a trip to see that we’ve come this far.

Links Lisa Likes Wedding Fever

The wedding was so much fun and not to mention absolutely gorgeous!

For dinner, we had filet mignon. Super fancy!

Filet mignon fo dat #foodpornfriday #therealamyandnoel

A photo posted by Lisa E (@liseezy) on

The fiance was also one of the groomsmen for the day!

Me and my handsome date

Me and my handsome date

Of course, it got me thinking of our upcoming wedding and what we want out of ours. Wedding fever is real, y’all!

Overall, we just want there to be great food and our family/friends to have a great time. That’s exactly what happened at this wedding, and it’s something I would love to have at ours!


Thank you Debt.com for featuring my Mason Jar Salad post in your Around the Web series!

Previously on LvtL

Newest Obsession: Mason Jar Salads
Seriously, I’ve been bringing these to work practically everyday!

The Year of Less: Debt
This is the year of less, and my debt is number one on the list.

This Week’s LLL

5 Ways to Keep Motivated After New Years – [Mo’ Money Mo’ Houses]
One month into 2015. How are you doing on your goals?

A Healthy Lifestyle Should Never Be Stressful [Food Faith Fitness]
This year, I’m trying to focus less on following a certain diet/routine and more on just what makes me feel good.

How Does Travel Hacking Affect Your Credit? – [The Broke and Beautiful Life]
One of the most informative posts on the subject I’ve come across.

It Costs Nothing to Be a Better Person – [Blonde on a Budget]
The kinder you are to yourself, the kinder you are to others.

A PF Blogger’s Confession: None of My Resolutions Are Finance-Related – [The Wallet Diet]
Just read this. Trust me.

What do you love about weddings?


Debt is Not Forever

#DebtIsNotForever is a month long campaign that Jackie over at The Debt Myth has started. I'm cutting it real close with this one, but a lot of my fellow pf bloggers have joined in on this movement and I don't want to miss it!

Debt is Not Forever

When I think of my debt, I get overwhelmed. A lot of the time, I feel like I’m literally drowning in my debt.

My credit card debt still exists, even though I’ve paid it off “for good” several times already.

My student loans are slowing taking my money each month and they’re sticking around for much longer than I wanted them to.

My car loan is not so slowly draining my account each month and it has me locked in for another 3 years.

And please, don’t get me started on my mortgage.

Debt is Not Forever

Pay days are easily the most bittersweet days of the month for me. Sweet, because I’m so happy to see what I’ve earned. I work hard every day at my job and it’s nice to see the real rewards. Bitter, because the money doesn’t sit in my own bank account for too long before it gets sent away to my debts.

This cycle happens every 15th and last day of the month, and it’s a real rollercoaster of emotions for me. At the end of pay day, I’m mentally exhausted and exasperated. I literally feel like I’m drowning and I’m barely staying afloat.

But that’s the thing. I feel like I’m drowning, but the reality is – I’m staying afloat. The light at the end of the tunnel is so incredibly tiny at this point. But the great thing is that the end is there.

I may feel like I’m drowning now. But I know that there will be a day where I’ll be out of the water, lounging on a beach, sipping my Mai Tai, and basking in debt freedom.

I’ve stopped saving for my wedding. I’ve cut back considerably on eating out and entertainment expenses. Sacrifices have to be made in order for me to get out of debt for good. Whenever I feel like it’s too much to give up, I remind myself of how freaking good it will feel when that first pay day comes around and there’s no one left to pay but myself.

Whenever I feel like I’m drowning, I close my eyes and tell myself:

Let’s be realistic – the end of my debt is not near. But the end definitely exists. My debt is not forever!

And all of a sudden, I’m overcome with relief and motivation to keep on keepin’ on.

Debt is not forever, my friends.

How are you doing on your debt journey? What motivates you to keep on fighting?


The Year of Less Debt

At the beginning of the year, I declared 2015: The Year of Less. Throughout the year, I'll be sharing what exactly that entails and how I'm executing the idea and mantra of less in my day to day life.

Year of Less: Debt

I had to start the series with this one. After all, this is a pf blog!

When I decided that this year would be The Year of Less, my debt immediately came to mind.

As you may or may not know, I started this blog as I just climbed out of credit card debt for the first time. I’ve since fallen in and out of credit card debt and it’s frustrating to say the least.

Not to mention all the other debt I have. Credit card debt… student loans… car loan… mortgage… oh my!

Year of Less Debt

Current Debt Breakdown

As of the end of 2014, here is what my debt looks like:

Debt Breakdown

All in all, my debt amounts to $308,598.

Holy. Guacamole.

Game Plan

I don’t really have a set number that I want my total debt to be at by the end of the year. The Year of Less means less focus on end goals and more focus on habits and ongoing changes that need to be made. With that being said, this is what I hope The Year of Less will bring to my debt.

Credit card debt: eliminate completely

That’s right. I’m sick of focusing on my credit card debt and I’m sure you all are tired of hearing about it. 2015 is the year where I get rid of my credit card debt for good. I’ve even stopped saving for my wedding so I can focus on annihilating my CC debt!

Student loans: slightly overpay every month

My original goal when I first started this blog was to pay off all of my student loans by December 2015Oh, I was so naive. Now, being at the start of 2015, I know that this goal just isn’t realistic. Not only am I still battling high-interest credit card debt, I’ve got a wedding to pay for! So, the game plan for this particular debt is to pay the minimum payment each month PLUS I’ve rounded up to the nearest $100 increment. That’s it.

I know, it’s a little disappointing that this debt won’t get paid off according to my original goal. But I’m not too worried. I don’t have any private loans, so the interest on these bad boys is pretty low. Letting go of the original accelerated payoff goal means less stress, too.

Car loan: minimum monthly payment

Although my monthly car payment isn’t exactly small, the interest on it is. I don’t mind paying the minimum on this for this year. I do plan on accelerating the pay off sometime after the wedding, but for this year, minimum is the way to go.

Mortgage: minimum monthly payment with occasional overpayments

My real estate agent did a wonderful job in locking us in at an incredible rate, so I’m not exactly in a rush to pay off this debt. So for the most part, the minimum monthly payment will do.

As far as the occasional overpayments go – my mom, brother, auntie, and I all split the mortgage and house bills. Every month, I pay the minimum on the mortgage as well as make sure all of our bills are paid on time. Since the house bills are on different cycles and are slightly different each month and quarter, there are some months where we have an overage of funds. When we have extra in the pool, I throw it straight to principal.

Less debt = more freedom

When you focus on less, you make room for more. So what does less debt mean for me? Less debt means more freedom. More specifically for 2015 – less debt means more freedom to put my money toward my wedding savings.

In the long run, I want to be completely debt free. Who doesn’t? When that glorious day comes, I’ll be more free not only from credit card companies, but also my student loan servicers and mortgage company. When I no longer have monthly payments to others, I am free to finally pay myself more and even give more to others.

That’s the end goal of all of this. That’s why I want to focus on less debt in 2015 and in all years to come after that.

What are you doing in terms of your own debt? What does less debt mean to you?


Newest Obsession: Mason Jar Salads

A year or so ago, I tried bringing salads to work in an effort to be healthier. Eventually, I gave up and just started buying the salads everyday. Yea, not frugal at all.

Mostly, I gave up bringing my own salad because after a few times, I realized (and hated) how soggy the greens would get by the time lunch rolled around. I would use a regular Ziploc plastic container, stuff my greens and other veggies in along with some protein of some sort and sprinkle a bit of salad dressing on top. By the time lunch time approached, all of the veggies would be soggy and deflated and overall just not enjoyable.

Then Pinterest came to the rescue.

Up until recently, I have had a love-hate relationship with the mason jar. Hate – because in my opinion, I think they’re kind of over used. Love – because damn it they’re so convenient and portable and OKAY I GET WHY THEY’RE OVER USED.

I had bought a 12-pack of mason jars a few months ago. I used only 8 of them for gifts to my bridesmaids when I asked them to be a part of our wedding party. The other 4 have just been sitting around.

Then when I saw several pins and blog posts about making a mason jar salad, I was intrigued. I read up on the techniques and decided to try it on my own.

The verdict?

mason jar salads

I am obsessed.

How to pack a mason jar salad

  1. Pour in a couple of tablespoons of your favorite dressing at the bottom
  2. Layer in the heavy veggies like broccoli, baby carrots, tomatoes, etc.
  3. Add your choice of protein. My go-to is grilled chicken breast. I use the ridiculously easy Nerd Fitness method.
  4. Seal and enjoy when ready!

Why pack your salad in a mason jar?

First of all, the mason jar is incredibly portable. Since the seal is pretty tight, I just throw it into my backpack and I’m good to go! Regular Tupperware just isn’t that easy to transport, in my opinion.

Secondly, if you layer your salad correctly, the shape of the mason jar helps prevent soggy salad syndrome. The layer of “heavy veggies” doesn’t get soggy or ruined when put right on top of the dressing and, coupled with the layer of protein, keeps the greens at the top nice and crispy.

Then when it’s time to eat, all you have to do is shake your mason jar salad and the dressing coats all of the ingredients perfectly. You can enjoy your mason jar salad in the jar itself, or you can pour onto a plate and enjoy it that way.

Bonus: Preparing mason jar salads in bulk is ridiculously easy! Not to mention frugal when you bring a mason jar salad to work every day. Perfect for busy bodies like me!

Have you tried the mason jar salad? What are you favorite ingredients?



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