Learn More About 86 Debt
Welcome to my adventure. My name is Jessica Johannesen I am a freelance writer, designer, illustrator and together with my husband, I run Porter & Hazel custom leather jewelry. I went to college and came out with a LOT of debt. And then I met my husband who has his own student loan debt. Add a car loan and we are about $100,000 in debt not including our mortgage. Closer to $200,000 with the mortgage. Thankfully, my debt isn’t related to my credit card spending, though I do have a little bit of debt from that too.
It is time to get out of debt and create the life I want.
As of the writing of this about page, I have to be honest and say I have ignored my finances. Yes, I pay my bills, but I have never had any financial education, and haven’t ever prioritized saving, or paying off my debt. My entire financial knowledge can be summed up in a few words: spend less than you earn. But as far as how to apply that concept, dig myself out of debt, create a positive net worth, and have money I can retire on, I have no freaking clue. Figuring out money is the whole point of this blog- learn about personal finance, and create the financial future I can retire on.
Where do I go from here?
The short version is earning more money, and spend less. But the specifics of that are where the content of this blog comes into play. I have been self-employed for almost a decade and have earned over 1 million dollars in the last eight years selling on Etsy. So I am going to build a new business (which I hope will end with a brick and mortar retail store) and I have plans for some passive income side hustles.
Nothing changes without goals right? Partly as a reminder for myself, and partly to share this journey with you here are some of the goals I am working on. (In no specific order)
- Pay off my credit card debt first.
- Pay off my car loan.
- Build an emergency fund
- Start fully funding my retirement account
- Pay off my student loans
- Go on a vacation to Montreal
- Start a passive income side hustle
- Open my second business
- Build a freelance writing portfolio