Hi, my name is Cait. Welcome to my personal finance blog! What’s a personal finance blog? you might be wondering. Well, let me tell you about mine.
In June of 2011, I was completely maxed out. I had approximately $100 to my name, plus another $100 of wiggle room on my credit card, and it all had to last me six weeks. After years of swiping for anything I dreamed of owning or doing, my bad spending habits had finally caught up with me and I was left with more than $28,000 of debt to pay off. To try and stay accountable throughout my debt repayment journey, I decided to start this blog.
Since then, I have evolved from being a girl who wanted to be smart with her money into a woman who cares passionately about every penny that goes in and out of her hands. I paid off more than $10,000 of debt in 2011, $11,000 of debt in 2012, and I made my final debt repayment on May 21st, 2013 – just shy of two years from when I was maxed out.
In case you’re wondering, there are no quick fixes to get out of debt. Throughout my debt repayment journey, I did things no twenty-something wants to, including: moving back in with my parents for six months and saying “no” to travelling with friends. Some months were easier than others, but I wouldn’t be where I am today if I didn’t track my spending and (at least attempt to) stick to a monthly budget.
I’m sure it doesn’t need to be said, but I am a personal finance blogger not a financial planner. The posts on this blog reflect my personal experiences and should not be taken as advice. With that being said, I hope to inspire girls and women everywhere to take control of their lives and achieve financial independence.
I live in a small city within Greater Vancouver, work full-time as the Managing Editor of RateHub.ca, and am a contributor at Gail Vaz-Oxlade’s blog, The Globe and Mail, The Huffington Post Canada and Tangerine Bank’s blog. I hike often, volunteer when I can and am secretly plotting to get personal finance a bigger spot in B.C.’s Education IRPs.
Want to know more? Keep reading…