I am a Black millennial on the journey towards financial independence and early retirement. I want to accumulate 30x my ideal spending over the course of these next 10 years.
Getting there will take consistency, commitment, and a steady income until I reach my FIRE number.
CURRENT DEBT TOTALS
STUDENT LOANS = ZERO
CAR LOAN = $6,164.19
Total Debt As Of October 20, 2021: $6,164.19
THOUGHTS ON CURRENT DEBT TOTALS
Throughout 2021 I have sent $404.65 to Honda each month and not a penny more. I would love to be able to add this money into my brokerage account instead of to a depreciating asset, but alas, I still have over $6K left to pay.
On the bright side, I should have this paid off by the end of 2022. On the not-so-bright side, I already know 2022 is going to be the most expensive year of my life to date. I have several extensive financial commitments and a potential move on the horizon.
Wish me luck ya’ll.