(Re)Creating Carly











Less than seventeen months ago, I took the first step toward fulfilling my goal of getting rid of TWENTY-ONE THOUSAND DOLLARS in credit card debt. And, today, I am happy to report that I’ve reached my goal. (YAY!!)

Throughout this journey, I’ve learned a tremendous amount and in celebration of my achievement, I thought I’d share the top ten:

  1. Friends are people who love you regardless of how much money you have, where you can afford to eat, or what clothes you can afford to wear. I’m so grateful to have friends who love me, who root for me, who enjoy popcorn and movie nights and hole-in-the-wall dinner spots—and who understand when I can’t afford to attend certain events. My friends have been so supportive throughout this journey and I really couldn’t have done this without them.
  2. The simple things in life are free (or cheap). And the simple things in life also happen to be the best things. There is a ton of cool free (and cheap)  sh** to do in NYC. And pretty much everywhere. Do some research and find it.
  3. More people are in debt than you think. When you start opening up about your finances, others will, too. Once I shared my debt story, I heard from countless friends and family members who were also struggling financially. Being able to share honestly about what was going on in my life helped relieve so much of the burden. And not one person – not one—expressed any kind of judgment. To the contrary, most people showered me with support and encouragement, and actually looked to me for inspiration.
  4. Things don’t equal happiness. Happiness equals happiness. I lived on next to nothing over the past year and a half. I rarely bought things. And I was happy.
  5. Money matters. I recently read a book called The Happiness Project by Gretchen Rubin, a story of a woman who embarks on a yearlong mission to increase her happiness. She devotes one of her chapters to the idea of “buying happiness,” that is, purposefully spending to improve specific aspects of one’s life. In it she states, “When money or health is a problem, you think of little else; when it’s not a problem, you don’t think much about it.” I’ve learned that although having money won’t make you happy, not having it can make you pretty miserable.  If this seems to contradict the idea that the best things in life are free, it doesn’t. The best things in life are free, but if you’re constantly worried about debt, you probably won’t enjoy them much.
  6. Health is more important than everything. Everything. And, fortunately, exercise is free. And healthy food isn’t nearly as expensive as the world tries to make you think. A week’s worth of fruits, veggies, whole grains and lean proteins cost much less than a few nights a week cruising through the Wendy’s drive-thru.
  7. Ignoring problems doesn’t, in fact, make them go away. They instead manifest in other ways – stress, illness, unhappiness. When I finally opened my eyes and honestly examined my financial situation, for the first time in a long time, I felt as though I was in control. The stress and worry immediately began to dissipate. I had not yet paid a cent towards my debt, but I knew that I would.
  8. Tracking spending is the most crucial component of debt repayment. At least it was for me. I would’ve sworn on both my great-great grandmothers’ graves that I didn’t have even an extra dollar to put towards my debt. And I would’ve been damned to hell (or wherever you get damned for disturbing the peace of long gone family members) because I was wrong. But I didn’t realize this until I tracked my spending and discovered everywhere I was being wasteful. My debt accumulated over my refusal to accept the limits of my income and my refusal to believe that with a little effort I could, in fact, live within my means. It’s just take-out, I’d say. It’s just a manicure. Maybe my debt repayment wouldn’t have been so painful if I’d been working to pay off a 6-month trip around the world, but instead I was paying off old grocery bills and daily visits to the coffee shop.
  9. Don’t eat your way into debt. I didn’t realize that instead of spending close to $400 per month on groceries, I could spend about $150. I didn’t realize that instead of buying lunch and tea and breakfast sandwiches out every day, I could instead eat the leftovers from the dinners I’d made the night before. I didn’t realize that instead of ordering dinner out, I could actually just eat the food in my refrigerator before it spoiled. The worst thing about eating your way into debt is you have absolutely sh** nothing to show for it.

    My incredible view -- Blue Ridge Mountains

    My incredible view — Blue Ridge Mountains

  10. Debt is just a distraction. One of my favorite books is called The War of Art by Steven Pressfield. In it, Pressfield discusses the struggle of artists. He calls the obstacles that get in the way of an artist’s work resistance. Resistance, as he describes it, appears in many forms, be it negative self-talk, or life hurdles such as illness or an abundance of obligations. I think having debt, at least for me, was a form of resistance that interfered with me pursuing something that means everything to me – writing my first novel. However, now that my debt is gone, instead of being focused on money right now, I’m at a gorgeous writing retreat in the Blue Ridge Mountains. As I type this, the birds are singing, wisps of smoky clouds are curling around the adjacent mountaintops, and I’m happier than I’ve ever been.

 

 

I haven’t been the most consistent blogger – I’m so sorry! But to everyone who has read, commented, and offered support throughout my journey, I sincerely thank you. Your interest and support has meant so much to me. Going forth, I will still continue to blog about things that interest me (and hopefully you, too)–like money, writing, and fitness. For now, on to the next goal! Xox



Hello all! Long time, no blog!

Thanks to some down time via February vacation, along with some positive debt repayment news, I’m finally back with an update.

It’s been about a year since I made my first payment towards getting out of credit card debt. And what a year it has been. In addition to adjusting to a yearlong sacrifice of THINGS (which isn’t really as difficult as one might imagine), I’ve become so much happier and have taken control over my life.

When I first forced myself to look at the balance on my credit card statement, I was more stressed out than ever, feeling like everything was pretty hopeless. I searched everywhere, fruitlessly, for a simple solution. I felt sorry for myself and was enraged that I worked so hard every day, and still, as an educated professional, could not afford to do seemingly simple things, like order Indian take-out, or see my beloved Jack White in concert. I looked at everyone and everything, except myself, to lay blame. It’s that damn ONE PERCENT. It’s all THEIR FAULT! It’s Scott Walker and his cronies, systematically destroying America’s middle class! It’s NYC! What kind of imperialist city charges its residents $7.50 ONE WAY to travel from one section of town to another?! And when one of my close friends suggested I find a part-time job, I seethed – DOESN’T SHE CARE ABOUT ME AT ALL??? HOW COULD SHE EVEN SUGGEST SUCH A THING??? When I called debt counselors, their advice was the equivalent of a sarcastic eye roll. “Spend less and get another job, lady.” But HOW could I work MORE??? I was already working so much, and was utterly exhausted by the time I got home. And how could I cut spending from my already tight budget?? No more take out?? EVER?? No more coffee house stops in the morning?? THIS IS NOT A LIFE! I MIGHT AS WELL BE DEAD!

Yep.

I know.

Pretty pathetic.

But once my tantrum was over, I faced the truth that there would be no easy way out for me, and I was going to have to be a grown-up. After all,*I* had gotten myself into this mess (regardless of what economic injustices may have indirectly befallen me, or what lines of consumerism BS I chose to believe). It was ALL ME. I am no victim. And spending even a moment believing otherwise was only delaying the inevitable: me cutting my spending, increasing my income, and getting out of debt.

When I changed my perspective, that’s when my life changed.

Getting real about my finances and learning to live within my means has made me see the world, as well as myself, in a new way. I am more than THINGS. I am more than EXPERIENCES I CAN’T AFFORD. I am CAPABLE of making intelligent financial decisions. I am capable of being a GREAT FRIEND to others without overspending. I am capable of enjoying the SIMPLE THINGS. In fact, I’d argue that the simple things are far more precious than those that come with a hefty price tag.

Cliché, yes. But the best things in life REALLY are free. (Clichés are clichés for a reason, people!) Listening is free. Exercising is free. Laughing is free. Kissing is free. Sharing stories is… well, you get the idea. Keeping up with the Joneses? Puh-ljoneses2mansionease. I gots no one to keep up with, and all the love I need.

This isn’t to say that it’s been easy, and that I haven’t grown weary of debt repayment. Oh, have I ever. But when I think back to how unhappy I was, living with my head buried beneath stacks of PAYMENTDUENOWs, I am so grateful to claim every last bit of this experience. The saying is true: what doesn’t challenge you, doesn’t change you.

I haven’t blogged a lot over the past many months – mostly because I only feel like I should be blogging when I have something significant to report. And I’ve pretty much said all there is to say about how to get out of debt: you just need to put a plan in place, live within your means, find extra sources of income, and make as big a payment as humanly possible each month until that balance is wiped out. I’m not there yet, but I will be soon.

I’m so happy to report that I’ve gotten my debt down to $4800. FORTY-EIGHT HUNDRED, GUYS!!! And I’m still on schedule to have it paid off by my debt-free date. What is especially fantastic about this is that while I’ve managed to pay off over $17,000 in debt (including interest) over the past year, I’ve also managed to keep putting money away for retirement. I know some people think that saving while paying off debt is counterintuitive, but my retirement account pays a ridiculous amount of interest for this economy and the more I am able to put in there now, the more the compounding interest will do for me later.

Some of you who have been reading this blog over the months may remember my decision to stop dating while I repaid my debt. Some thought this was a good idea. Others, not so much. Well, I am so happy that I made that choice for me. Paying off a ton of debt in a small amount of time requires sacrifice, and I know that having the added pressure of dating would have been too much for me. Now that the majority of my debt is gone, I’ve jumped back into those waters, though, and feel like such a lighter, happier person – no longer weighed down by financial worries and misguided priorities.

I really couldn’t have gotten this far without the support of my fellow bloggers, friends, and family, who have been more than happy to spend cheap nights out with me, and cheer me on throughout this endeavor. I’m not done yet, but that $0 balance is finally just a few short months away.

So… TELL ME! What’s new with YOU?!



{October 13, 2013}   Journey to Silence

Maybe it was debt fatigue, or blogging fatigue. Or maybe a little bit of both. Or maybe it was the way summer makes you forget your name for a while. I’m not exactly sure. But I haven’t had a lot to say. And instead of filling up the space with unnecessary words, it was time for me to enjoy the silence.

Silence -- A Film by Pat Collins: http://www.silencefilm.ie/

Silence — A Film by Pat Collins: http://www.silencefilm.ie/

I recently went to the Irish Film Festival here in NY and saw a fantastic movie called (you guessed it) Silence. It’s about a sound tech’s journey to record audio that is free of man-made noise. It’s poetic and profound. And it got me thinking about my journey to “silence” – that place of inner peace where things just make sense, free from all the noise that clouds our thoughts, our lives. For me, a lot of that noise over the past several years has had to do with financial hardship. It’s gotten in the way of me being still with the things that matter to me. It’s prevented me from exploring new paths, and being fully present in the moment. I’ve spent so much time either flagellating myself over past money mistakes, or frantically plotting how to rectify things. Amidst all of this noise, I haven’t made room for silence.

My journey towards financial freedom is in many ways my journey towards silence.

When I think back to the beginning of this quest—my proverbial rock bottom: asking my ex for money to cover my rent, it’s pretty amazing how far I’ve come in such a relatively short amount of time. It has been eight months since that dark, winter day and I’m happy to report that I’ve paid off $12,000 (including interest) and am finally below the 10k mark. Something about seeing that new balance on my credit card statement read $9,997 and knowing I have a solid plan to pay the rest off by my deadline has given me some of that silence I’ve been craving.

Oh, what a difference eight months make.

I remember how I felt back then—scared, angry and hopeless. I was convinced the only way out of it all was to find a roommate or leave NYC behind. But all it really took was commitment and perseverance. And voila. Things got better.

The new money habits I’ve adopted are now just that—habits. I no longer have to negotiate with myself to make smart financial moves. Don’t have the money? Don’t buy it. Need more money? Find more work. It’s simple. And despite the fact that I often feel like an idiot for getting into this place to begin with, I feel as though I’m moving forward with a tremendous amount of knowledge. I can’t wait until the time when my money is no longer going towards making credit card companies richer, but into my own investments. I can’t wait to become unchained to my creditors, and in charge of my life in a way I haven’t been for quite some time.

And most of all, I can’t wait to relish the silence.

(Can you hear it?)



Oh, summer. Buttercups under the chin.  Movies under the stars. Days that go on forever. Time for reading and writing and doing all those things I’ve waited all winter to do. I love summer—and not just because I’m lucky enough to get summers off, although that doesn’t hurt. There’s just something about the scent of lilacs in the air that make me nostalgic for summers past. Being a kid, playing hide-and-seek with the neighborhood crew. Or being a teenager and sneaking out to go swimming with my friends (Sorry, Mom and Dad). Or, as an adult, taking last minute road trips, windows down, singing along to anything and everything that comes on the radio. It’s always been a time for slowing life down a bit, and just enjoying.

Summertime is also a time for renewal. For trying new things. And for getting back to the heart of what’s important in our lives. Earlier this year, I tried my best to kick start a workout routine. I even blogged about it in my first installment of Tea & Inspiration. You see, deciding to pay off my debt isn’t just about becoming debt-free for me. It’s about living the dream—living MY dream life.

Part of my dream life involves being physically fit. And this summer, my focus has been on getting (back) into shape. Between school year madness and getting sick a lot, I dropped the ball on fitness over the past couple years. Sure, I made a few scattered attempts to get it together during that period, but nothing stuck. And my muscles have been hating me for it. I didn’t realize just how much until I recently took a 3-mile walk with a friend and had a ton of leg pain afterwards. LEG PAIN FROM WALKING?! Whoever heard of such a thing?! Not me, that’s for sure. And towards the end of the school year, I was getting pain just from STANDING.

I’m a naturally thin person—my weight hasn’t really changed since high school, so even though I knew I wasn’t as fit as I used to be, I considered myself to be in decent shape. The reality, however, is that I was slowly losing all the muscle in my body that used to make doing things like WALKING and STANDING a snap. Being thin definitely does NOT mean being in shape.  And, let’s face it, it doesn’t matter how much debt you’ve paid off or how much money you have in the bank, if you’re not healthy, none of it really matters.

Right now, I’m in Florida with family, soaking up the sunscreen, and hitting the gym for about 2 hours a day. Go big or go home, right? It’s been about two and a half weeks since I started and I’ve gone from barely being able to do a crunch to being able to do over a hundred of these:

Swiss Ball Jackknife. Ouch.

In such a short amount of time, I can feel a big difference. I feel stronger. Empowered. And my legs haven’t ached at all – other than the normal after-workout soreness. I know how lucky I am to have a summer off to dedicate to this, and I don’t want to waste a moment of it. Now I just have to figure out how to keep it up once I’m back to reality! I think I can… I think I can…

In other ‘dream life’ news, I’m excited to report that I just made a $2,000 credit card payment – courtesy of my summer sublet. Yay! It’s been about six months since I began my quest to become debt-free, and I’ve paid off almost one-half of my debt. On my salary, that’s a miracle!

I hope you are all making the most of your summer, and getting closer to living the life of your dreams.

What have you been up to this summer? What are some things you’d like to accomplish in order to be living YOUR dream life?



It’s been about three months since I set out on my quest to become debt-free. And in that time, I’ve managed to pay off almost $6,000 of debt. (Yippeeee!) I’ve clearly gotten okay at sticking to a budget. But I’ve learned a lot more than that since becoming admitting I’m broke.

#1 Carly’s Computer Repair–At Your Service.

When my laptop recently stopped working, I feared it might become a gigantic financial roadblock for me. In the past, I would have used it as an excuse to buy a new one.  But this time around, I knew that just wasn’t in my budget. Neither was a gigantic invoice from the computer repair shop. When I consulted a techie friend of mine, he told me he thought it might be the motherboard. So I headed to one of my favorite stores–eBay, and was psyched to find new motherboards listed for one-sixth of the price it would cost for someone else to fix it. My inner computer geek’s hard drive started humming and I thought, hey, people repair computers all the time–how hard can it be? So I ordered a new motherboard–$60 including shipping–and let a YouTube video guide me as I performed my first surgery. When I finished and my laptop flashed awake for the first time in days, I felt as if I had just saved the world. And I had. Well, at least my little world.

My living room floor mid-surgey

My living room floor mid-surgery

#2 How to eat all meals plus snacks for only $5/day.

I used to spend almost twice this amount just on lunch every day. But now I cook all of my meals, am eating much healthier food, and am saving a ton of money. Here are some pictures of my latest creations. (I’m not sure the pictures do them justice, but trust me–they were really good. And keep in mind that these are from the girl who used to burn bagels regularly.)

Avocado, tomato and mushroom omelet

Avocado, tomato and mushroom omeletty thing

Breaded and baked tilapia with chickpea/spinach salad

Breaded and baked tilapia with chickpea and spinach salad

Slow-cooked barbecued chicken with sauteed zucchini and brown rice

Slow-cooked barbecued chicken with sauteed zucchini and brown rice

Vegetable stuffed peppers

Veggie stuffed peppers

For other recipes, a blog I follow called Drinking the Office Coffee recently posted some great–and cheap–recipe ideas in her post, Finding the Joy in Packing Lunch. Check it out.

#3 How to make extra cash.

In the midst of coming to terms with my financial situation back in January, I contacted a credit counselor. I had high hopes this phone call would provide me with some sort of financial panacea that would allow me to continue living exactly as I had been. But after hearing every detail of my sob story, the counselor paused for a moment and said unsympathetically, “There’s nothing I can do for you. You just have to make more money.”

The thought of getting a second job at the time made me miserable. I already worked so much and got home most days completely exhausted. But there was just no other way. So I started looking for extra work and found out I could pick up extra hours at my job. I also sold things. Websites like eBay make it so easy to turn stuff you no longer want or need into cash. Additionally, instead of giving up some much-needed relaxation this summer to a full-time job, I decided to sublet my apartment and am going to visit friends and family in CT, Boston, and Tampa. All of my home expenses will be covered while I’m gone and all the extra money will go straight to my debt. (And as a bonus–my ticket to Florida cost a whopping $10. Thank you, Delta Skymiles!)

I also recently finished an application to TaskRabbit — a website that matches people who need errands done with people willing to do them for a fee. I’m hoping this will result in some extra debt repayment money over the next year.

I’m constantly looking for new ways to increase my income, so if anyone has any other side-work ideas, please share!

#4 Friends love me for me—not the restaurants where I eat or the clothes I wear.

I mean, I knew this, but I also worried that people wouldn’t want to spend as much time with me because I can’t afford to do as much. It turns out everyone has been incredibly supportive. I’ve even inspired a few friends to get a bit more proactive about their own financial situations. The old saying is true–real friends don’t care if you’re broke. Or maybe I just made that up. But it’s still true.

#5 Bloggers are really cool – yes, that means YOU!

Since I started writing about this journey, I’ve received a tremendous amount of positive feedback and support from other bloggers. It goes such a long way in helping me stay motivated. Thank you so much! And an extra special thank you to the following three who recently mentioned my blog in their posts:

Brigitte’s Banter — Brigitte’s blog is uplifting and thought-provoking. Her latest post, Monday Musings and Motivations –Wishes, is all about the importance of making wishes–no matter what age we are. She is also the writer of the wildly popular and Freshly Pressed, A Gracious Guide to Benevolent Blogging. Every blogger should read this. Seriously.

Noted in Nashville — Anita is talented and insightful. Her latest post is all about that dreaded “Blogger’s Block.” What do you do when you just can’t think of something to blog about? Check out Whatever Am I Doing? Whatever Am I doing? for her take on this common experience.

Budget and the Beach — I’m so glad I stumbled across this beach lover’s personal finance blog. It’s been a huge inspiration to me. Please wish her a Happy One Year Blogiversary and enter to win her raffle for $50 cash and a $15 Starbucks gift card. (How cool is that?)

***

This journey is just beginning for me, but I’ve already learned so much. Can’t wait to find out what the next 14 months have in store for me.

What lessons have your recent journeys taught you?



When you focus on your goals, I’ve been told–and I believe it, the universe conspires on your behalf. But what happens when the universe goes on vacation? 
  

Sorry. I'm on vacation.

Sorry. I’m on vacation.

(Photo credit: Comstock/Getty Images)

It’s been a week of setbacks for me–from finding out my ex is moving in with his new girlfriend (It’s okay, REALLY, but couldn’t he have at least waited until I’m in relationship bliss and swimming in cash?)–to losing my laptop to an unforgiving motherboard merely seconds (okay, three months) after the warranty expired. It’s weeks like these that make me want to run out and book a trip to wherever Universe went and yell, “Hey, Universe! I can go on vacation, too, ya know!”

Sometimes these budgeting-superhero-amphetamines are hard to swallow. I mean, there are weeks (like this one) when I just don’t feel like making dinner. Weeks when I want to say yes to brunch and that new foreign film I’ve heard so much about. Weeks when the warmer temperatures beckon a new spring wardrobe. Sometimes life is stressful and it’s SO HARD to stay focused on the end goal.
 
I sat in my apartment the other night, looking at the same furniture and artwork I’ve been looking at for longer than I care to remember. And then I pictured my ex, taking time between his lucrative business trips to go house-shopping with his new girlfriend, while I’m sitting in the same apartment we once shared, lamenting over not being able to afford sunglasses or haircuts or the emerald and nectarine couture coloring New York City’s streets this spring. 

You’re all quite lucky I decided not to blog that night. It wouldn’t have been pretty.
 
But then a good friend-or five-gently returned (free of charge) all the advice I’d given them over the years. Things like “You shouldn’t compare yourself to others” and “Try to focus on all of the positive things happening in your life.” And instead of just dismissing these as empty platitudes, I decided the only way I’m going to survive the next fourteen months is to heed their advice, and quickly.
 
I started thinking about how I’ve paid off $4,500 of debt just in the past couple of months and how I’m about to send in another credit card payment next week. I thought about how I have my health (in the wake of the Boston bombings, this somehow feels even more precious), how my family is healthy, how I’ve started working out again, how I’m employed, how I live in one of the most amazing cities in the world, and how I have incredible friends that are willing to listen to me whine and remind me why I don’t have to (and, incidentally, are also able to show me how to install a new motherboard in my computer for next to nothing–booyah!). Really. I have so much to be grateful for. And with this quick shift in viewpoint, the fact that I have to forego a new outfit or dinner at that new spot downtown no longer seems like such a sacrifice.
 
It really is all about perspective, isn’t it?
 
There’s no doubt that the day I become debt free will be a magical moment for me.  But in the meantime, I have to stay focused on all of the amazing things happening in my life right now. There are so many.
 
Hey, Universe. Enjoy your vacation. You deserve it.
  
 
How do you stay focused on your goals? 
 
 


{April 7, 2013}   Tea & Inspiration (Part 1)

Sundays have always been my favorite day. They’re a little slower than all the other days, a little more peaceful. If you’re like me, you like to start your Sunday mornings off with a cup of tea and a few chapters of that classic novel you haven’t had time for all week. It’s the perfect day to catch up on the desperately needed me-time that the workweek has undoubtedly swallowed up for itself.

I’ve decided that Sundays are also the perfect day to take stock in the positive changes that taking control over my finances has brought to my life.

Last Sunday, I did yoga for the first time in ages. Ninety minutes of P90X yoga—which is not your Grandma Yogi’s yoga. This is the kind of yoga that reminds you there are actually muscles buried deep beneath those layers of skin and fat. I wasn’t sure how it’d go because it’d been so long since I last did it. But my trusty little deltoids and quadriceps rallied awake (eventually) and I was even able to hold myself in crane—the Holy Grail of yoga positions—for an entire three seconds. (A little context: When I was at my fitness peak three  years ago, I was still only able to last 15 seconds.) By the time I’d finished the 90-minute session, I felt like a superhero. Or SuperYogi.

crane

Now that I have a debt-free goal date set–July 1, 2014, I’ve started thinking about other goals I’d like to accomplish by then. Being in top physical shape is one of them.  I used to work out all the time, but the stress of my poor financial situation affected me so much that I didn’t have the energy for it. But now that the burden of my debt is lifting (and all it took for that to happen was simply starting to deal with it), I’m ready to unleash my inner SuperYogi. So by July 1, 2014, I’ve decided to join a friend in what, up until now, I’ve considered a practice in self-flagellation–a 13.1 mile run.  Yep. I’m going to run a half-marathon. (Note to self: Start practicing denial of last statement–just in case.)

This new-found delusion confidence is a direct result of my recent financial successes. Taking control of my finances has empowered me to take control over so many other areas in my life. I now know that I CAN accomplish any goal I set. And in order for me to reach my goal of being debt-free with my sanity intact–or at least partially intact–my life must be about more than just budgeting.  Oh, and the best thing about my new fitness goal? It’s free!

What goals have you created for yourself? Do you set deadlines to help motivate you?



et cetera