My Money Story: Can I have a do-over??

My Money Story: Can I have a do-over??

I know what you’re thinking – why would a food-focused blog talk about confronting your financial issues?

I’m so glad you asked 😉

Diet Confessionals is about so much more than your relationship with food. It’s about living your best life and not restricting yourself in any way – whether that be from the food you consume or the comfort zone you’ve been hiding in.

For me, that comfort zone has included putting blinders on and avoiding the fact that I’ve been living beyond my means for far too long.

I’m 33 34, graduated with honors from one of the top-15 universities in the world, have a “real job”, and I’m broke.

Yes, broke.

Actually, less than broke – whatever that is. Between student loans and credit card debt, I’m more than $100,000 less than broke.

From the outside though, you’d probably never know it. I have nearly perfect credit, pay all of my bills on time, drive a new car, and, up until recently, I lived in a “luxury” apartment in my favorite Santa Monica neighborhood – and, I might add – always paid my rent early.

The dichotomy of what I just told you isn’t lost on me. How can I be more than $100,000 in debt AND afford a studio apartment that costs more than most mortgages in the United States? Like I said, I’ve been living beyond my means for some time.

The thing is, I don’t think I’m alone. Living beyond our means seems to be a common thread among millennials and while the research varies as to whether it’s because we’re entitled, unlucky, or ignorant, more and more of us are moving back home.

I can’t speak to why this is – I don’t know exactly where I went wrong, let alone an entire generation – but, I can share my story (and the steps I’m taking to get myself out of it) with the hope that it will help the next millennial who finds herself drowning in debt instead of treading financial water. Or maybe even help her avoid getting into this situation in the first place.

Here’s to hoping.

One note – for the sake of my pride and to give you a better perspective – I want you to know that I’m nowhere close to being a trust fund kid, I put myself through college, and my debt isn’t because of laziness. I’ve been working since I was fifteen years old and during most of that time (including today) I’ve worked multiple jobs simultaneously.

I feel better now. Let’s dive in.

Over the next few weeks (or months – let’s just see how it goes) I’m going to tell you the story of how I finally realized that I could no longer sustain my financial commitments.

What was my breaking point?

Hint: it wasn’t when I started putting groceries on my credit card.

It was when I didn’t know how to pay my rent.

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