summit-bracket2 bracket2 atm-outline location-pin-outline location-pin-filled atm-filled calendar2 bracket google-play[2] app-store summit-location-pin-lg code lock user worksheets phone print programs open pdf checkmark-form close-x close download checkmark-chart checklists blog-tools social-facebook social-google-plus social-pinterest LInkedIn-2C-128px-R instagram-rainbow social-twitter social-youtube ehl calendar calculators bracket22 checkmark email text-area-corner external-link success error information warning calendar-add-event auto-rates mortgage-rates home-equity new-certificates ncua summit-logo-itmoi arrow-left arrow-right checkmark2 summit-logo-white summit-bracket silhouette arrow-down arrow-up auto-rates2 blog calculators2 call ehl2 home-equity2 itmoi locate mortgage-rates2 new-certificates2 programs2 search summit-location-pin-sm tools clock
who Will win $10,000?
Join our participants as they reduce debt and increase savings with the help of Summit financial coaches.
TOTAL SAVINGS INCREASE: $16,789 | TOTAL DEBT REDUCTION: $17,882

Idah's Journey:

peace of mind

This has been another one of those weeks that makes me so happy to have applied for Project Money. As I have mentioned in past blogs, I financially support my terminally ill grandmother who lives in Zimbabwe. My grandmother is so dear to me she is pretty much my only surviving parent. In the past, I have incurred a lot of debt trying to ensure I send enough money to Zimbabwe so she can get good medical treatment. One of the main reasons I joined Project Money was so that I would create an emergency fund instead of using my credit card to pay off her medical bills.

This week, I got some news that she had more medicine prescribed and found out that we should find a nurse aid to help at night since she has a hard time sleeping and needs someone to assist her. This obviously spiked the amount of money I have to send, but I feel so at peace knowing that I have an emergency fund and a savings account for expenses like this. Budgeting also makes this experience less taxing because I can move around funds and spend less in certain categories and still stay within my budget limits. This was probably the first time in my life where I have focused on my stress about my grandmother’s health versus the finances.

On another note, no-spend October is going well so far. Week one went very well and I am so determined to power through this next week.


Comments

Add new comment