She's On The Money: Good News...Financially

Last post, I wrote about how I had made some unwise money decisions. I've taken the past month to give a hard, long look at my finances. In that time, I've already made some drastic changes:

I now have a roommate.
I have created and adhered to more strict personal spending rules. And most importantly...
I have fully paid off my car! (And within 2 years and a couple weeks)

Yes, I'm still a long way out of debt but I've made it about $250 easier on myself per month. Next up, I can focus on chipping away at my student loans aka dowry in reverse.

She's On The Money: Bad Financial Decisions

Over the past several years, I've congratulated myself and been proud that I am good with money. I've never had a problem saving money from each check or for waiting to have the money before making a big purchase. I've never carried a balance on my credit card. And I managed to walk away from undergrad with very little debt. However, in the midst of this, I made some questionable decisions.

* Signing up for a six year car loan. It's a used car. It has great potential to be unusable before I would've paid it off. I realize that mistake and am working to fix it this month.

* Slacking on my scholarship search. I did so well in undergrad, paying my way for school about 95 percent financed via scholarships that I took being debt-free for granted. I stopped looking for graduate school scholarships. I figured taking out loans was easier and wouldn't be that bad.

* Failing to change spending habits. During graduate school, I lived like I was awarded thousands of dollars instead of keeping in mind I'd be paying back every single dollar...for years.

As a result of some of my mistakes, I have to consider some drastic measures. The idea of being in debt for the next 10-30 years is not something I want hanging over my head. So I will think about taking in a roommate, getting a second job and pairing back my spending drastically.

It's not the best scenario but I know you gotta pay for your mistakes. I'm fortunate that I can handle my financial mistakes on my own.

Get on with it...

It's about that time...or is it? At this point, it's up in the air when Ms. Clinton will bow out of the race. Just take a look at CNN.com versus the Chicago Sun Times' site.

My guess is that she'll stay in it until the Democratic party drags her out kicking and screaming. What do you think?