Some of the links in this post may be affiliate links. If you click a link and purchase an item I receive a small commission at no extra cost to you. All opinions are my opinion. Read the full disclosure here.
In November my money mindset was a lot better than it was in October.
I do still obsess about finances just about every day, but it wasn’t as negative. I think this is because I was busier and I have a lot more to look forward to financially and with my business.
Here are all the money updates for November:
I started the month of November with $43,732.03 of debt and ended with $42,464.54.
I hit ANOTHER milestone in November by getting under $43K of total debt! In November my debt decreased by $1,267.49 and I paid $26.06 in interest.
Since my student loans are in forbearance, all this money went to my car loan.
Some main things to point out about my spending in November:
Groceries/Food out: I went over budget by $52.12. Toward the end of November I ended up purchasing some protein drinks for $55 since they were on sale.
Health: I went over budget by $7.72 because I purchased B-12.
Business: I was WAY over budget on business expenses because I completely forgot I had to renew my annual Teachable plan (which is where I hold my courses). Teachable cost me $348. I also purchased 2 domain names and had someone help with my logo.
Notebook: I purchased a bullet journal for $14.35 which will be my journal and planner for 2021. Not planned for November but it was planned for my No Spend Year!
I made a bit less of extra income in November, but I’m always grateful! My extra income is used to reinvest back into my businesses or to pay off debt.
Full-time job (microbiologist): $4,937
Mediavine (display ads on LivinglikeLeila): $229.17
Google AdSense (ad revenue from YouTube): $130.16
Teachable (my courses): $29.35
Bank of America Cash back: $32.16
Pre-tax total = $5,357.84
As of November 30th, my net worth came to -$27,679.83.
Roth IRA = $4,699.80 ($600 higher than last month!!)
- Taxes = $1,808.39
- Emergency Savings = $3,569.01
- Gifts = $100.58
- Medical/Dental = $151.22
- Car maintenance = $235.38
- Travel = $70.98
- Personal spending = $50.02
- FinCon = $75.03
My VantageScore according to Credit Karma is 765.
I am now under $43,000 of total debt!
From the beginning (June 2018), I’ve paid off 48.3% of my debt.
I got approved for a new credit card
I’ve been credit card debt free for awhile and only use them for cash back/points. I never have revolving debt and it’s a goal of mine to take advantage of credit cards as much as I can.
I saw that Chase was offering a $200 cash bonus after spending $500 in 3 months with their Freedom Flex card. They are also offering 5% cash back on groceries for the first year and there is no annual fee! This offer is still active.
This card has some amazing perks and I knew I would need to spend $500 anyway. I should be getting over $200 in December now 🙂
November Goals Update
- Pay off $1,400+ of my car loan – Close, but not quite. I was supposed to be reimbursed for $139 in November but it ended up taking longer. I paid off $1,267 though.
- Spend less than $325 on food/groceries – I went over budget by about $52.
- Get my new blog/business (Debt Over It) all set for 2021 – For the most part yes. I am also working on a debt course and I need to do more work on that.
Money Goals for December
- Pay off $1,500+ of my car loan
- Spend less than $325 on food/groceries
- Find 2-3 paying finance coaching clients