Money Management Archives

Am I Using DoorDash to Procrastinate?

Posted on February 14, 2021February 20, 2021 by DeAndreaAshanelle

I started doing DoorDash two weeks ago and it is turning out to be a pretty easy side hustle.

Note: If you are interested in signing up for DoorDash, sign up through the Rakuten app . You will recieve $50 cashback once you complete your first order. Rakuten is a cashback website that gives you cashback for shopping at your favorite retailers such as H&M, ASOS, etc.

My goal for DoorDash is to make $150 a week. This will total $600 a month. I am using this extra income to pay down my student loan balance . Once I payoff this loan, I can focus on other financial goals such as increasing my retirement contributions and investing.

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Increasing My Contributions to My Roth 401k Retirement Account

Posted on December 20, 2020January 6, 2021 by DeAndreaAshanelle

I have an employer sponsored 401k plan through Vanguard with an employer match. I am so ecstatic to have a job that gives me access to a 401k plan because I did not know that all jobs do not offer it as benefit.

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How I Am Allocating My 2nd Paycheck of the Month for June

Posted on June 19, 2020June 19, 2020 by DeAndreaAshanelle

Ya’ll, I get excited every pay week to sit down and determine how I plan to spend my upcoming paycheck before it hits the bank. It is exciting to see how close I am getting to reaching my financial goals. I got the idea to share my paycheck breakdown from Pennies Not Perfection on Youtube. On her channel, she shares her financial journey of paying down student loans, the process of refinancing her house, and how she has chosen to invest. So I am going to take a page out her book and share my numbers (or percentages).

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On The Road To Being Debt Free By 25 Years Old: May 2020 monthly budget

Posted on May 8, 2020May 19, 2020 by DeAndreaAshanelle

Goal: To share my debt-free journey with hopes that it sparks honest conversations surrounding finances and financial freedom amongst twenty-somethings. I currently have ~~two credit card balances~~ (paid off), a car loan (35% paid off), and student loan debt that I want to payoff by my 25th birthday which is roughly a year and a half away.

This month, I changed my budget up a little bit. Normally, I allocate a specific amount of money towards my car’s principal balance in order to have my car paid off by August. Well, I was blessed enough to reach my May money goal in April thanks to the stimulus check.

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