She Strengthens

Breaking Free from Debt: My Journey to Financial Freedom

Two and a half years ago, I faced a harsh reality: I was drowning in debt, with a staggering total of nearly $50,000. As a young and inexperienced individual, I knew I had to take drastic measures to avoid a lifetime of financial struggles.

Small Steps to Big Changes

Over time, I’ve made significant adjustments to my spending and saving habits. It wasn’t easy, but I’ve learned that making small changes can add up to make a big impact. Here are some strategies that have worked for me:

Cut Back on Daily Expenses

One simple habit I’ve adopted is bringing my coffee to work instead of buying it daily. This small change has saved me a significant amount of money over time.

Opt for Public Transit

As someone who lives in an urban city, I’ve found that using public transit instead of driving has not only saved me money but also given me time to relax or catch up on podcasts during my commute.

Prioritize Your Pleasures

I’ve learned to be selective about the things I spend money on. By focusing on what truly brings me joy, I’ve been able to cut back on unnecessary expenses.

Create a Budget That Works for You

Budgeting is key to taking control of your finances. Rather than seeing it as a restriction, I view my budget as a map that helps me achieve my financial goals.

Get Fit Without Breaking the Bank

Exercise is essential for my mental and physical health, but it doesn’t have to be expensive. I’ve invested in a set of weights and enjoy running outside, which has saved me money on gym memberships.

Declutter Your Life

The less I own, the more I realize I don’t need material possessions to be happy. I’ve donated clothes, electronics, and books, and even decluttered my digital life by deleting unused apps and files.

Cook Smart, Save Money

Batch cooking my lunches on Sundays has helped me eat healthily on a budget and avoid the temptation to buy expensive lunches at work.

Simplify Your Breakfast Routine

By sticking to a simple breakfast routine, I’ve saved money and reduced decision fatigue.

Live Below Your Means

Just because you can afford a larger apartment or a fancier car doesn’t mean you should. Living small has helped me adjust to a more modest lifestyle and focus on what truly matters.

Rethink Your Values

It’s essential to question why you want certain things and whether they align with your values. By doing so, you may find that you don’t need as much money as you think.

Break Free from Materialism

As a lawyer, I’ve seen how easily people get trapped in debt and expensive tastes. The key to breaking free is to recognize that your worth isn’t tied to the things you own.