I am a Black millennial on the journey towards financial independence and early retirement. In an ideal world, I would be retired tomorrow.
However, if I am being realistic, it might take me careful planning and intentional spending over the next 10 years to get to my FIRE goals.
For a quick overview of my full financial goals that I hope to hit before 30, check out this short video linked below.
CURRENT DEBT TOTALS
STUDENT LOANS = ZERO
CAR LOAN = $6,561.71
Total Debt As Of September 29, 2021: $6,561.71
THOUGHTS ON CURRENT DEBT TOTALS
Honestly, this debt is so far in the back of my mind. That is, until I have to send Honda $404.65 each month. I am looking forward to having this debt gone so I can put that money to better use. My retirement goals would accelerate if I am able to add this money into my brokerage account instead of to a depreciating asset.
I have calculated by timeline to complete debt freedom and it looks like I will be #debtfree by the end of 2022!
Check out my F.I.R.E Milestones page for an overview of how I plan to celebrate hitting each milestone.