Personal Finance

Collections of personal finance journals from individuals sharing their financial journeys and tips

11 articlesUpdated regularly
Tracking My Spending Daily Changed My Finances—Here's My Journal
Personal Finance

Tracking My Spending Daily Changed My Finances—Here's My Journal

Tracking daily spending for 90 days significantly improved the author's financial awareness and behavior, reducing impulsive expenses by 40% and uncovering emotional spending patterns. By immediately recording purchases and reviewing them weekly without judgment, the author found that a simple, consistent system can lead to meaningful savings and better spending aligned with personal values.

5/1/20254 min read
Living on Minimum Wage: A Realistic Financial Journal
Personal Finance

Living on Minimum Wage: A Realistic Financial Journal

Living on minimum wage necessitates creative and strategic financial management as traditional budgeting often falls short; key strategies include meticulous expense tracking, securing affordable housing, minimizing transportation costs, utilizing community food resources, and building an emergency fund, while utilizing support networks and exploring skill development can further improve financial resilience.

4/15/20257 min read
How I Paid Off $30K in Student Loans in 18 Months
Personal Finance

How I Paid Off $30K in Student Loans in 18 Months

The author successfully paid off $30,000 in student loans in 18 months by cutting expenses, increasing income through side hustles, and using the debt avalanche method, while maintaining a modest emergency fund and celebrating small milestones to stay motivated. Key actions included negotiating a raise, living with roommates, using public transit, freelancing, and spending mindfully, highlighting the importance of personalized financial strategies and suggesting that strategies may vary depending on individual circumstances.

3/25/20258 min read
My Debt-Free Journey: Weekly Reflections and Lessons
Personal Finance

My Debt-Free Journey: Weekly Reflections and Lessons

The key takeaway from this debt-free journey is the effectiveness of a weekly financial monitoring system, the adaptation of the debt snowball method prioritizing high-interest debts, and finding a supportive financial community, all leading to successful debt elimination without a drastic income increase. Additionally, the journey highlights the importance of financial education and the emotional challenges of managing debt, while emphasizing that life after debt offers new opportunities for financial growth and security.

3/14/20255 min read
From Paycheck to Paycheck to Saving $500/Month
Personal Finance

From Paycheck to Paycheck to Saving $500/Month

This guide offers practical steps to move from living paycheck to paycheck to saving $500 a month, emphasizing the importance of tracking expenses, adjusting the "big three" costs (housing, transportation, and food), eliminating unnecessary subscriptions, and leveraging both expense management and income growth strategies. It advises setting automatic savings transfers and creating specific savings accounts for different goals while also considering side hustles or negotiating raises to enhance income.

2/22/202511 min read
My Monthly Budget Journal: What I Spent and Saved
Personal Finance

My Monthly Budget Journal: What I Spent and Saved

Tracking expenses and personal spending habits using a customizable budget system—including an Excel spreadsheet and manual entries—revealed significant insights, such as how small, frequent purchases add up and emotional spending patterns, helping to refocus spending priorities and save more effectively; by implementing strategies like weekly check-ins, cash envelopes, and accountability partnering, the author has taken control of their finances and plans to boost savings and explore additional investment opportunities in the future.

2/10/20257 min read