1. Avoid Evil Overdraft Monster
But, and here's the thing I've been sitting on for a while now. In the process of making these goals, I had to take a good hard look at how much my financial mistakes have cost me. And it's pretty damn shocking. So, please try not to judge me too harshly when I reveal the numbers:
This chart shows how my money has been spent from March 13 (the earliest I could look up online) to today. And it includes:
$2,375 in LOAN repayment. $100 of which was repaid to Friend A. $240 I eventually got back. But I did end up paying a grand total of $2035 to Payday Loans in three months time. And it's FINALLY OVER. My last payment posted on Friday. I am so happy I finally got out of the disastrous cycle. Now, I will have SO much more money to devote more wisely each month.
I also managed to avoid the Evil Overdraft Monster fees at my bank. Something that I've paid, wait for it, $741 to since March 13th, representing 7.41% of my spending. $741! That's more than a month's rent down the drain. Never again!!
Now that I have finally been released from the shackles of payday loans and regular bank overdrafts I am looking forward to planning a Master Budget that's more realistic and building an Emergency Fund so I never have to borrow money again!