The Most Wonderful Break Up You Need to Experience

break upI have a wonderful, fashionably aware friend, whom we will refer to as Melissa. Melissa is aware of all the latest trends in beauty and fashion.  She seems to know a little bit about a lot, and I adore her style sense.  Unfortunately, my friend is not money aware.  Actually, let’s put it like this, she does not seem to be money aware until the money is almost gone.  Melissa was laid off from a well-paying contract job as a project manager.  Within the one year of her contract, Melissa earned close to six figures.  However, and I think you know where this is leading, Melissa was not saving at her maximum potential.

So what is this maximum potential? For a single woman, with no kids, no rent/mortgage to pay (the parents were accommodating), Melissa should have been saving at least half of her income and living off the rest.  Notice I said at least.  If Melissa could have factored in her bills (i.e. student loan, car note) and lived off a budget, she probably could have saved more than half her earnings.  Wouldn’t it be awesome to have an emergency fund built with HALF your income?  Here’s where I get really real and sisterly with my good friend when I say…It’s time to break up.

Breaking up should not be hard to do when you’re broke or when you are trying to reach goals (no matter what your income level). Break up with the monthly beauty box, which ranges from $10-25 or more a month.  This equates to approximately $120-300 in savings for the year.  That $30/month gym membership, which truly is super modest, it is costing you $360/year.  Calculate just those two yearly totals and you get approximately $460 saved for the year.  How about putting that on the student loan, credit card and/or car payment?  Break Up…

If you are financially stuck, I strongly suggest you break up with some of your “stuff” you think you cannot live without. Break up with that gym membership, grab a resistance band from your local sporting goods store (usually about $5) and go online to find awesome workout plans.  Break up with that beauty box for a moment and apply those monthly payment as extra towards your debts.  Break up with that car if you must –downsizing may result in an upsize to your bank account!  I broke up with cable and opted for high-speed internet and streaming services.  This break up has allowed for an increase to debt reduction, as well as paid for the little ones extra curricular activities -without adding a strain on the budget.

I am not saying totally go cold turkey and have nothing, but I am saying begin investing in your financial future; invest in your debt freedom; invest in your financial legacy that will be passed to your kids.  Experience the Best Break Up Ever!

debt (money management international)

Picture: Money Management International

What are you willing to break up with? Share, share, share…let’s break up together!

Respectfully,

Your Restyled Mom…who is encouraging this break up

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Spectacular Adult Life Lessons My Kid Taught Me

life lessons, kids teach lessonsSince a few posts back covered raising amazing kids as well as capturing ideas and inspiration, I figured it would only be right to share some of the inspiration and lessons I have received from my kiddo.  So let’s jump right in…

Get excited, even if it’s just for the little things.

  • I reward performance, and my daughter did very well in school. She had been struggling with being a Chatty Cathy during class, and she finally mastered her mouth! Lol.  While in Wally World (WalMart) grocery shopping, she asked for silly putty.  This was by far the BEST one dollar spent on my kid.  To see her play for hours with this simple treat made me realize Lesson #1: Smile and be excited for the small wins in this single parenting life or just life itself!  Don’t wait for the big grandiose things.  Get excited NOW! Walk with confidence knowing God has already equipped you for this very moment.  “For we walk by faith and not by sight.” II Corinthians 5:7

Have a giving spirit.

  • While in the airport, my daughter saw 2 very energetic little girls with their parents -who looked exhausted.  The children seemed to have no toys or coloring books, and were having what appeared to be minor meltdowns.  My kiddo asked if she could ask their parents if the kids could color with her.  It’s as if she knew these parents needed relief (why she doesn’t seem to sense this with me…I don’t know).  I digress…lol.  The parents looked so grateful for a moment to breathe, which brings me to Lesson #2: Giving doesn’t have to be extravagant; it just has to be genuinely from the heart. ” Each of you should give what you have decided in your heart to give, not reluctantly or under compulsion.  For God loves a cheerful giver.” II Corinthians 9:7

Laugh, Laugh, Laugh and Laugh some more!

  • To hear my daughter’s innocent and sweet laughter brings a calming, yet excitement to my soul.  How God has blessed me with a kid with such spunk and personality…it just amazes me!  Sometimes, we as parents, get so caught up in the latest hype; the single and lonely saga; or the my kid should have the latest and greatest.  We can easily miss Lesson #3: Learn to laugh things off and make the most out of your lemons (lemonade, lemon pie, lemon squares, lemon fudge, etc.) “He will yet fill your mouths with laughter and your lips with shouts of joy.” Job 8:21

Bonus: Just Dance!

  • There is a time for everything.  Might I suggest Just Dance for the Wii? Lol.  Seriously Restyled Moms, we’ve got to be healthy.  It isn’t limited to what you eat, but it’s also about being physically fit.  We’ve got kids to keep up with! “Praise his name with dancing…” Psalm 149:3

What are some of the lessons you’ve learned from your little ones -no matter the age?

Sincerely,

Your Restyled Mom…who is open to Re-Learning a few things 🙂

 

New Year, New You…One Word (that will change your life)

Last year, my mom introduced me to the YouVersion app and some of the reading/devotional plans offered. The one reading plan that stood out the most was a 4 day reading plan entitled One Word That Will Change Your LifeIf ALL of me, which is composed of being a single mom, dateless in Dallas, living on a self-imposed budget, can have her entire essence of existence changed with one word, then honey this was what I needed!

The goal of this particular devotional is to have one word, for the entire year, that you live out.  This one word is to allow one to focus on God’s intent for his/her life through that one word.  As I worked through the 4 day devotional, I prayed, asking God what my word should be.  For the 2015 year, my word was Finish.

So often, I found myself feeling cluttered, anxious, overwhelmed and down right exhausted.  I felt as though I was getting nowhere in my life, agonizing over where I thought my life should be versus where it actually was.  After reading this devotional, I realized there were so many things I would start but leave unfinished; hence, I had no closure  (i.e. DIY projects, thorough closet cleaning, to do lists that never really got done).  I don’t know about you, but for me, when I have so many open action items, I get a little antsy.  I begin to feel as if everything is falling out of whack and needs to be placed back into some semblance of order -quickly

Some of these things may sound simple to you.  However, it can range from incomplete projects right down to complex relationships needing some type of resolve -even if that resolve is to end the relationship all together.  I’ve already begun praying about my one word for the 2016 year.  I’m thinking discipline, but the big guy (Jesus) and I are still in chats.

As we enter this New Year, I strongly recommend taking the time to commit to this year long journey.  I must admit, although I did not finish everything, I did finish most things and have had resolve in other areas of my life.  I feel less anxious and more connected to God and the destiny he has for me.  What do you think your One Word should or will be?  Share in the comments below or Tweet your One Word here.

Sincerely,

Your Restyled Mom…who is looking forward to the Journey of #OneWord

New Year, New You...in One Word

Photo: getoneword.com

 

Tis the Season…to Not Go Broke! A Mind Blowing Budget (part 2)

iThe best budgets are Not the ones constructed and kept in your hbudget p2ead; but the best budgets are the ones written out.

Around this time last year, my church announced offering Dave Ramsey’s Financial Peace University (FPU) classes, and I knew this was God’s confirmation.  It was time to put action with the plan to begin my debt freedom journey.  FPU was by far one of the greatest investments into myself.  Yes.  There will be times when you should invest wisely into Y-O-U!

Somewhere between your next cyber purchase or in-store layaway deposit, in the back of your head, you’re thinking of the mounting bills.  Tell me, “Where’s the Comfort and Joy in that thought?” Do understand, it’s okay to buy gifts, but take the time to also think about their significance and how much is enough.  Do you really need to get one more toy, TV, or ___________________(insert any item here)?

Since I want you to #WIN as we move into 2016, I’ve provided you an idea of a budget.  Of course, you’ll want to doctor it up, but I want you to  Start winning NOW!  Let me know in the comments what you think.

Though this is a “sample” budget and the figures are not factual, I want to express to you a few things:

  1. February 2016 will mark my 1 year anniversary of NOT having a cable subscription.  I asked myself, “Self? Do you really need that monthly cable subscription?” Clearly, you see how “Self” answered.
  2. It takes time to get your budget down. You’ll find the need to adjust and then readjust some more. Some months you get it right; some months not so much. However, Don’t Get Discouraged! Keep going.
  3. Don’t deprive yourself, but Do work on becoming disciplined. For me, BLOW money is a combo of last minute ‘mommy I forgots’ (i.e. I need money for…), as well as those moments when I deserve something pretty (just don’t go overboard).
Payment Amount Category/Debt Remaining Balance
$1,400 (bi-weekly)
$120 Tithes (Always my first) $1280
100 Grocery (I write out a 2 week menu that includes leftovers) 1180
50 Gas (I try not to joy ride) 1130
400 Mortgage/Rent 730
100 Electric* (I’m like that dad on  the TV show “Everybody Hates Chris”.  I can feel the kilowatts going up when lights are left on in empty rooms! 630
50 Water* 580
65 Day/ After school care 515
150 Auto 365
50 Cell phone* 315
50 Internet* 265
50 Life insurance* (have additional life insurance outside your job) 215
8 Monthly subscription* (i.e. Hulu, Netflix) 207
50 Savings 1 157
60 Extracurricular activity* 97
50 Clothing* 47
40 Blow (for those wonderful last minute “mommy I need” moments”) 7

*Monthly payments not broken down into bi-weekly payments

Restyled Moms, Don’t let your 2015 debts become your 2016 regrets.  Give your plans to God and watch him shape them for your BEST.  Here’s to your Prosperous 2016

Sincerely,

Your Restyled Mom…who is living on a #budget and looking forward to a #debtfree future