I couldn’t sleep. It is 5am and I cannot sleep. I was just thinking, and of course this thinking leads to finances.

I have a job, but my finances are less than ideal. In short, I feel that I am living above my means when considering how much I am saving. Of course for the first few paychecks, I did splurge after having months of semi-good behavior.

I dislike living the high-life paycheck to paycheck. Also, working in the asset protection and building environment, I would eventually like to have some assets to invest.

I wasn’t cushy by any means before I quit my last job, but I did have the provisions for a few months of self-sufficiency, a few thousand squirreled away. However, I did do something awfully stupid and went on vacation during the summer.

Times like this, when I am up at almost the crack of dawn, I like to read livejournal debt blogs to experience a little bit of Schadenfreude. Of course, it isn’t all kittens and bubbles. I actually did not know how dangerous Student Loans can be when defaulted. Everyone seems to say, “student loans are better than any other loans,” but that isn’t the case. Mortgages, at least are not negative loans, but student loans when they are defaulted are scary creatures, perhaps just as scary as Credit Cards.

Anyway, I’ve started to use mint.com to track my student loans, credit cards, checking, savings, and stocks. After everything factored in, my net worth is in the negatives… ha ha ha… I will say that this is because of my lack of savings and my student loans. They actually track all my spending out of my checking and organizes them depending on the institution. You can set up budgets and see how much you actually spend on bars, food, shopping, and paying bills.

In other news, I don’t know my credit score. I have seen my report, but I CANNOT find a single source that offers it one time for free (unless I sign up for something with a credit card, which seems a bit counter intuitive). I think legally they are only required to show you your report and not your credit score, huh?

4 Thoughts on “finances in 2009

  1. What savings? Man, when in blue, always know I’m far below you. Just spit down, and you might just hear me squeal. I think living the moment is just as nice as being wise about the future. The best balancer may be to focus on one’s primary goal in life. Perhaps ours is to write a book, a story.

  2. Um. And not be lost in debt or starve. (although it might give me a svelte figure!)

  3. When I was poor not too long ago, I ended up buying and eating high-calorie products for cheap. I had to make sure I buy the most calories with the minimal amount of money. I don’t know whether I got thinner or fatter. I guess I managed to stay at the same weight.

  4. I knew a friend who was pawning things she owned off… to buy a metrocard a cigarettes. When she wasn’t getting a rich sugar daddy to pay for her dinner, she was eating McDonald’s, because they had their dollar menu.

    It was a pretty sad sight.

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