Debt Report and Goals – Current Debt $6,637.20 (July 2017)

July came and went by so fast, I wasn’t almost prepared for August.

If you are one of my Instagram followers, you would have seen a post where I vent my frustration.

Before I begin, I want to let you know about my disclaimer. This page contains affiliate links and what that means is, if you sign up using my link, I may get a small commission for it. I only share products and services that I personally use and like.

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I was really frustrated with how things were going. I felt like the past 2 months was always playing catch up.

I was frustrated that I kept going over budget and that a lot of unexpected things popped up. I had to vent and I wanted some advice

Thank you to the debt free community on Instagram! For those of you that responded with advice and support, thank you! Your support had helped me clear my head and refocus on what really matters.

I considered July as a total fail.

I somehow lost my focus at the end of June and I was concentrating on too many things. Because of that, I wasn’t organized. I had basically set myself up for a failing month.

Looking back at my June report. I did not accomplish any of my current goals:

Here is a list of my current goals:

  • Open a Roth IRA by the end of May 2017 for myself and the boyfriend
  • Start a College Savings Fund by the end of May 2017
  • Have $6,000 cash savings for emergencies ($3,000 more to go)
  • Mortgage loan (technically my boyfriend’s job to handle but it’s always on my mind so it stays on my list)
  • Put in $50 extra a month toward my 401(k) loan. The reason for this is, I took out a loan from my 401(k) to add to our down payment on our home and there were no penalties because I am a first time home buyer. But the thought of actually having a loan just irks me. Darn you loans! I would put more towards this loan but I really want to build my cash savings first in case something major might happen. Once I reach my savings goal, then I can dump everything into this loan.
  • Get Life Insurance

Since I had such a failing month and following the advice from my peeps on Instagram, I decided to listen to them and rethink my goals and what I want to accomplish for the new month. I needed to concentrate on one thing at a time.

Without the community, I would still feel frustrated and like a failure. I’m so happy I’m surrounded by supportive amazing people!

Here’s my breakdown of my new goals for August.


I need to concentrate on building my content and putting it out there on a scheduled time. I’m never consistent with my posting and I really don’t like that. It makes me feel sloppy and I know I can do better. I came up with schedule to follow every week.

I also blocked out time in my week to do some blog maintenance. Blogging will always be never ending. There’s a ton of work to do in front of the scenes and behind. Blogging is not easy and it does take a lot of time and commitment.

Blog Traffic

My main source of traffic is Instagram and a bit of Twitter here and there. I still have a lot of work to do in terms of networking with other bloggers which is why I have also created a schedule for this. I’m also getting started with Pinterest and right now it feels like I’m wading into uncharted waters. I’m still learning how to navigate my way but there are a few great people that has been helping me with this. August will be all about building traffic from Pinterest.

I have also signed up for Tailwind and Boardbooster. I’ve been playing around with a lot of the settings in the background and I have yet made a decision to which program I want to stick with. They’re basically the same in terms of scheduling pins to Pinterest. The one thing that I did find to be a plus is that Tailwind also schedule posts to Instagram.

I’m hoping these tools will help me stay connected on these platforms and be more consistent with posting.

Paying Off Debt

I decided to follow the advice I got from my fellow IG’ers and I must say that they are right. I stopped focusing on trying to save towards my $6,000 savings goal. I have $3,600 as of right now. It’s enough for now. They advised me to concentrate on paying off my 401(k) loan and I’ll listen to them.

Current Loan Balance $6,637.20

It might not seem like much but it’s really hard to save in my situation. Because of that, I’m rethinking everything from how I spend and how I save. I’m hoping to pay off this loan balance by December 2018.

I think I can do it.

I also zeroed out my balance on my Citi credit card. Woot woot! My balance in June was $481.90 and that was due to purchasing some courses to help me with my blog.

I had purchased Michelle’s Making Sense of Affiliate Marketing and Lena’s Traffic Transformation Guide. Both awesome products in my opinion.

Total debt balance is $6,637.20 which is not including mortgage.

Managing Time

In order to make my blog successful, I need to manage my time a lot better. This way, I know what I need to do and when to get it done. I created a blank calendar and basically attached my to-do list on there. It’s a freebie printable so get it here.

Meal Planning

I had told myself that I don’t have time to try and attempt to meal plan. I just couldn’t imagine sitting down for a few hours, trying to figure out healthy recipes that even my picky 3 year old would eat and then figuring out my shopping list.

So guess what I did instead?

I was reading Michelle’s blog from and I came across $5 Meal Plan. Without giving it much thought, I just signed up for the free trial. I’m so glad that I did that! All I wanted was for someone to tell me what to cook with instructions and what I needed to buy. You could not believe how happy I was to find that with $5 Meal Plan. I thought it was a smart idea!

I’m really hoping that this will help me save additional money with grocery shopping. I usually buy random stuff that I think I’m going to be using throughout the week. At least with this meal planning, I’m shopping with a plan. My first shopping trip is tomorrow and I got my recipes printed out. I’m excited to try it out!

Lose Weight

So I had my one year check up with my doctor and she cracks me up. She basically told me that I gained weight and I had to lose it, but she told it to me in a nice way. Ugh. I honestly dread trying to lose weight. I can’t make excuses now because I need to show her that my weight had improved from the last time I saw her.

Before I got pregnant and still living with mom and dad, I got to work out 4 times a week, sometimes 5. I was fit and I had some ab indents forming. My goal at the time was to have abs. When I get old and saggy I want to be able to say to people, grandma had abs back in the day!

To help me with this goal, I have to block out time to do this and just force myself to do it. I signed up for Sweatflix. Sounds like a porn site doesn’t it? LOL. It’s free for a month and then $9.99 per month after and you have access to over 1,200 fitness videos. I’m the type that loves to work out at home because i hate going to the gym and feeling like people are watching me. That site was created by and their workouts is what had helped me stay in shaped in the past. A lot has changed in the past 3 years and there’s a lot of new faces that I haven’t seen before. I’m going to start my first workout tomorrow.

Past Goals

I will still try to work on my other goals I had set for myself:
• Open a Roth IRA for the boyfriend and I
• Open a college fund for our son
• Get life insurance

This is it for now, there’s more that I want to add but I want to keep it short and sweet. Like they said, concentrate on one thing at a time.

How was your month of July? What goals have you planned for yourself for August?

Resources to check out:

  • Tailwind and Boardbooster – Both are scheduling tools for Pinterest.
  • Making Sense of Affiliate Marketing – Michelle’s course on monetizing your blog correctly and understanding affiliate marketing.
  • Traffic Transformation Guide – Lena’s guide on how to increase traffic and finding the best keywords.
  • $5 Meal Plan – A week’s worth of recipes and ready made grocery list sent to my inbox every Friday.
  • Sweatflix – A library filled with fitness videos you can do at home.
  • Checkout51 – Earn cash back on selected offers when you do your weekly grocery shopping.


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Hi! Welcome to Mommy Finance. I'm a full-time working mom of one. Finance can drive anyone crazy and I try to keep it together. Join me as I write about budgeting, money and family.
Join Me On

Hi! Welcome to Mommy Finance. I’m a full-time working mom of one. Finance can drive anyone crazy and I try to keep it together. Join me as I write about budgeting, money and family.

Comments (2)

  1. These were some big goals! My husband and I had one goal which was to cancel AT&T. That goal has been on our to-do list for 3 months, guess who’s our provider? AT&T still. Apparently if your servicer is so bad and it’s a pain to deal with them – you’re more likely to stay with them because they are just so bad to deal with! Haha the irony.

    I agree with your IGers – these goals sound small but they require a lot of pre-planning and work. One or two things at a time is good. And I agree that $3,000 is enough. They say you should have $1000 for emergency but bad things always come in 3s so it should be $3,000 which you most certainly have! Don’t be so hard on yourself darling 😀 🙂 :3

    I’m new here but hi!!!! Love you! 😀

    1. Aw thanks for commenting Lily!

      I also have AT&T and I keep telling myself the same thing as well lol. Their service is so bad and yet their reception is good in our area. I guess I’m stuck with them until something better comes along.

      Thank you for your encouraging words! Sometimes I do feel like $1000 nestled away is not enough, especially if an emergency happens. I wanted to at least have enough to cover 2 months worth of mortgage payments if worse comes to worse.

      And welcome to mommy finance! I’m happy you stopped by! 🙂

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