My Journey to Fiscal Stability has been a long one that has taken many turns. It has gone through many phases.
From when I started working, I have always been in “Survival Mode” working to pay the bills with little to nothing left over for me at the end of the month.
Between December 5, 2013 to October 22, 2017, the only thing there was, was getting debt free. I mean, paying off every last debt that I had.
After that, 2018 was about properly funding (and determining what level that was) my Mid-Term Account as well as starting to fund my TFSA (in my Long-Term Account).
The focus was to have some money set aside just in case I was laid off. That was the drive for 2018, building my emergency fund.
2019 was an expansion on that to truly growing that fund into the place where I could not only survive but also have land and a home.
2020 and beyond will be an extension of that, of building my savings to the point where I can establish that homestead.
Exactly where it will be located, or what form it will take (my home or a town) has yet to be seen, but owning land and a home are still important to me.
That is the current phase of this journey.
Yet with each phase of this journey, it had to start with me believing that my goal, whatever the current one was, was possible; that I deserved it.
You have to believe in yourself, believe that you can do it and then just start working towards it.
You can figure out the details along the way, and don’t be afraid to fail or change your plan mid-stream.
Just define a goal, determine a plan (even a loose plan) and get started.
You don’t have to have all the answers to get started, you just need to know what you have to do, today, this week in order to get started.
As always: Keep your head up, your attitude positive, and keep moving forward!