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Happy New Year!!!

Overall, 2020 was a good year for me and I’m very excited for what’s to come.

This is my final finance update for the year and there are SO many good things!

Let’s get into it:


I started the month of December with $42,464.54 of debt and ended with $40,623.13.

Keep the milestones coming because I got under $41K of total debt!! In December my debt decreased by $1,857.33 and I paid $15.92 in interest.

Since my student loans are in forbearance, all this money went to my car loan.

My car loan balance.
My student loan debt balance.


Some main things to point out about my spending in December:

Groceries/Food Out: As usual, I budgeted $325 for groceries. I went over budget by $7.90.

Health: I went over budget by $133.98 because I purchased supplements for the New Year.

Scale: I purchased a body weight smart scale for $24.31 on Amazon. Again this is for my health going into the New Year, but it was an “unnecessary” purchase/no spend year rule breaker.

Beauty (lotion): I bought a handmade lotion from Etsy for $7.52. My sister gave me one scent as a gift and I love it so much I got another scent myself!


Extra income was great in December! It also came from a lot of places.

Full-time job (microbiologist): $4,937
Mediavine (display ads on LivinglikeLeila): $273.93
Google AdSense (ad revenue from YouTube): $194.94
Teachable (my courses): $4.92
Chase Flex Rewards: $221.11
Ibotta: $21.80
Etsy: $2.04
Capital One Bonus: $100
Lottery win: $25
Sponsor: $47.50
Affiliate sales: $38.47
Gifts: $105

Pre-tax total = $5,971.71

Net Worth

As of December 31st, my net worth came to -$23,106.88.

Roth IRA = $5,012.89

Sinking Funds:

  • Taxes = $2,759.55
  • Emergency Savings = $3,720.58
  • Gifts = $175.66
  • Medical/Dental = $201.30
  • Car maintenance = $285.50
  • Travel = $121.03
  • Personal spending = $75.74
  • FinCon = $150.09

Credit Score

My VantageScore according to Credit Karma is 763. It dropped 2 points because I opened my Chase credit card in November.

Overall Updates

My total debt is under $41,000

Yay Yay Yay!! New milestones every month! AND I have officially paid off over 50% of my starting debt ($82,200)!!!

My no spend year is complete

I have officially completed my No Spend Year 2020 and I would say it was a great success!!

December Goals Update

  • Pay off $1,500+ of my car loan – Check, over $1800!!
  • Spend less than $325 on food/groceries – Close, I went over budget by $7.90.
  • Find 2-3 paying finance coaching clients – Not yet, but one of my free clients is extending into a paying client!

Money Goals for January

  • Put over $2,000 to my car loan
  • Spend less than $300 on food/groceries (budgeted $5 for food out)
  • Make over $1K from my online businesses
  • Reach over 2,200 subscribers on my finance YouTube channel