This week for our Gettin' Nosy interview, I'm chatting with Cheri from Overactive Blogger.
BTW-- want to catch up on old posts in this series?
- Jamie from The Jar Half Full
- Addison from Chocolate & Chaturangas
- Karen from The Mile Report
- Melissa from Mel's Miles
- Courtney from Redefining Athlete
I recently discovered Cheri's blog and fell in love with her writing style and posts. She's a group fitness director and a runner (training for the Rock n' Roll full marathon in Raleigh in April!) and writes about everything from the best candy (I def do NOT agree with her belief that Whoppers are one of the best candies... ummm agree to disagree ;) ) to a 'Jesus Shaves' coffee mug... I #canteven (pretend I inserted crying/laughing emoji here) Check out her Q&A section on her blog to get to know her a little more!
And then read below for my interview with Cheri!
Foreword from Cheri: So, I love the idea of making saving money in your 20s sexy. I have to admit, I had 0 clue about money or what it meant to save money or anything until a few years ago. I was job searching and working retail at the same time. If you’ve ever worked retail, you know that even if you’re full-time, you’re not making a ton of money, and for me, I was very short-sighted, so I just worked paycheck to paycheck. When my husband and I started getting serious, he helped me get money on track, start paying off huge chunks of my student loans, and in general, just be smarter about saving money for me, for future kids, and for our retirement, all while still managing to pay off loans. I’m not an expert yet by any means, but I’d like to think that I’m doing pretty well, especially for a chick in her 20s.
1. I LOVE learning tips & tricks that can help me to save more money. What is the best financial tip you’ve ever heard?
So one of the best tricks that I was told/that I’ve implemented is switching to a cash system and leaving your debit card at home. I was terrible, especially when it came to Whole Foods and Target, at picking things out that I didn’t exactly need, and then just swiping. Then I would wonder why I’m zeroing out and desperate for my next paycheck every time. Austin (my husband) helped me figure out how much cash I needed each week, and I live off of that, and leave el debito (that’s what Austin calls it) at home. It’s hard for the first week or so, but gets easier, especially when you see that you have money left over on payday!
2. What is your proudest financial moment?
One of my proudest financial moments was also a really great learning moment for me. A few years ago, the transmission in my Taurus went out, and I had to buy a new (to me) car. I had no idea how to go about it, and didn’t know anything about the process. I was able to successfully navigate it, and learned a LOT about credit. Now, I’m buying another car, and armed with all that knowledge, I’m proud that we are going to be able to buy a car cash, rather than have to deal with the bull that comes with a car loan.
As a side note, if you’re thinking about taking on a car loan, please talk to me first. I know sometimes the car loan thing is inevitable, but if you’re really curious, let me chat you up about it a little more.
3. Prioritizing your spending so that you spend money on things that truly make you happy is something that I think is SO important. What are some things that make you ridiculously happy and you feel zero guilt spending money on?
There is very little I have 0 guilt spending money on. But I’m a really big runner and group fitness director. Any race or training, I have very little problem spending money on. The most I’ve ever spent on a race was probably the Nike Women’s Half in DC. I think it was a $160 race, but the proceeds went to the Leukemia and Lymphoma society, and the race was really really well done, so I didn’t feel that bad about it.
4. On the flip side, what things do you try NOT to spend money on?
I try not to spend money on food out. I’m super healthy in the way I eat, so I have a hard time eating out anyways, because you don’t have a TON of control over what weird sauces and dressings come on your stuff. Plus it’s expensive. I definitely do not spend a lot on food.
5. I’m big on setting financial goals. I think it’s hard to progress in our financial life if we aren’t really sure what we’re working towards. What are your current financial goals?
I am working on saving $10k by this time next year. My husband and I have also made a significant dent in my student loans and are hatching a plan to save $2 million for our retirement. Which sounds insane, I know, but we really want to be comfortable in our retirement. We’ve about 40 years to figure it out, so here’s hoping that we can buckle down and enjoy the end of our lives together.
AHHHH I just love all her big financial goals, don't you!? Now head over to Cheri's blog and check her out there... you will love her! :)
What's your car situation? Do you have a leased car or do you own it? (or have you stolen borrowed one of your parents' cars? I did that for awhile ;) ) Did you have a car loan or did you buy outright?
I bought my car in cash (from a rando on Craigslist!) and it was terrifying but I'm not going to lie, it is SO AWESOME to not have a monthly car payment :)