We are now going into the longest government shut down this country has faced. This means there are hard working people out there who will not receive a paycheck as expected. With 80% of people living paycheck to paycheck, this is not a good thing. It reminds me why being financially sound is a so important. It is a privilege to achieve financial stability and I hope that one day more Americans will take the steps necessary to get there too.
Becoming financially stable, though not yet financially independent, in the last year has led to many positive changes in my life. As many of you know I was able to take 2 months off in between jobs and travel to New Zealand with my family. I was then able to move across country without worrying about paying my student loans or other debts. This was not the case back in 2016 when I moved from the South to California. At that time I only allowed myself 2 weeks off due to the need for a paycheck. Now, in 2018, I have come to appreciate the benefits of planning, hard work, and being smart with money.
Remember, early decisions in life have big impacts later in life. I have made my share of mistakes and we still spend more as a family then I am proud to admit to. Still, within the first 2 years as an Early Career Physician, I was able to turn the ship around. Small and steady movements set me on the right course. You can make the necessary moves to by starting an expense report and taking it from there.
Don’t let the years pass you and get stuck in a rut. You do not want to wake up at 45 or even later in life and have no options. No matter where you are now or how deep in debt, take charge of your finances and your life. You will not regret it.