Become financially self-sufficient

I’m definitely on the right track. I don’t make a lot of money right now as I’m a store assistant inbetween college, but I’m nowhere near broke. And the only change I’ve made is thinking before I open my purse. It’s amazing how much stuff I spent my money on before that I don’t really need..

I can do this. Not yet, not now – but the wheels are turning. I have to do this AND I’ve done it before. But not with two kids, that’s what scares me, failing them. Not an option really.
All this looks so big and looming as a whole but I have to remember to take it piece by piece. I am not completely alone. I am not completely without resources.

It’s not really about short term or really even about money entirely. It’s about feeling safe, feeling confident, feeling worth something. I doubt my ability to stand up on my own two feet, it’s been so long.

yes

excited about starting my job…but is that negated by moving back in with my parents?
I like to think of it as allowing me to get into a position to be financially independent in the future…

I am horrible with money. I can’t save it or spend it wisely and I rarely know where my check goes. I earn over 1800 a month and every three months I get about 1500 from my finanial aid from school and each year I get about 4 to 5 grand back in income takes and still I never have any money. I don’t own a home yet I am a single mother of 3 boys and I often take them to McDonalds and other places and buy toys that they break in a second, NOT to mention my obsession with all things Baby Phat. Now I have started a new hobby of going to the pawn shop. I need to get on a budget fast. I admit I have a problem but I don’t even know where to start. Maybe by emailing Suzie Orman??

I’m making more money now and we have also made a household budget plan, things are really looking up!

I interpret financial soundness in different aspects. First, most important of all is employment,...steady and room for career moves.
Secondly,...to at least put away 10%off take home pay and convert it into a fund or a high yield savings plan for a cushy nest egg.
Thirdly,...to have the financial clout to be able to live off the interest earned from those ever weakening consumer dollars.

I AMfinancially self-sufficient in the sense that I AM gainfully employed, and don’t see this changing in the near or distant future. Indispensible or irreplaceable I’m not, but there is much to do and no one else to do it.

I then wondered if it really means ‘independently wealthy’, in the sense of not needing to work, because I have enough money invested profitably enough that I can live comfortably on the profits alone. This I am NOT, and at the risk of a sour grapes scenario, I’m not certain it would suit me. Money – in and of itself – does not interest me, and I imagine that independently wealthy people focus a certain amount of their energies on managing their investments. Yawn

So while money is a means to an end (food, shelter, entertainment, and so on), its acquisition also has to be an engaging process. I think I’ll mark this goal as accomplished, and replace it with the goal of ‘Get a job I love to do’.