This is Vanisha and I, having a chat whilst thousands of miles apart.
V had this idea to host a Couch Talk series - A little like a coffee date and a little like vino with friends. I didn't want to do it on my own, so she asked me to co-host, and I said yes! And so begins, what we hope will be the start of something big, and something you will all join in with. Think hot drink/cold wine, friends, laughter, and life. There maybe a little weirdness in there too, but what the heck, we're friends!
(If you're taken aback by the length of this post, we've put the questions in bold, if you want to contribute)
Helen: What does being 'financially chic' mean? I think its one of those phrases that is so different to so many different people. I've told you before that I think we're going to come from different angles on this. Personally, I don't have a lot of money, scratch that, any money. I got myself into debt trouble when I was at Uni and I'm still paying for it now, 3 years later. Trust me when I say I'm NEVER going down that road again. What about you? Do you have a credit card/overdraft?
Vanisha: I agree with you on both points, that being financially chic definitely means different things to different people and that perhaps we will come at this differently. For me, personally, being financially chic means being debt free. I don't have a credit card or an overdraft. I'm married so you might say it's a bit different. I guess it is but Patrick has a credit card that we don't use, we have nothing owing on it. We only use it when we're booking things that need a credit card and won't take our visa debit cards. We've always saved for everything, that includes the piece of land we bought in Fiji. We wouldn't have bought it if we couldn't pay for it from the money we had saved.
Helen: Looking back I'm glad it happened though. I've learnt from my mistakes and although I don't currently have the freedom money can allow, I'm in a good place. I feel 'financially chic' knowing where I'm at with regards to money. I pay all my bills on time every month, even if it leaves me with no spare cash. Its all about being responsible and living within your means. I know there will come a day, soon, when I'm debt free and I can feel so proud that I got myself out of that situation. Are you a 'lose' the bills down the back of the sofa kinda person?
Vanisha: I'm definitely not a 'lose' the bills kinda person at all. I think sometimes with blogging readers can get carried away with what others have, adding to their massive wishlists and then going out and spending money they don't actually have. I know I've bought a few designer pieces over time, and I don't ever want people to think that they should have that too, or that they need those things. I save for ages to be able to buy what I want. I make wise choices - not just about my money but about my lifestyle. They are so closely linked. For me, it just comes down to saying no to debt.
This month we're so excited to introduce a bunch of wonderful ladies who linked up as part of this series:
1) Mayra shares her experience of being unemployed, having moved from Kansas to Florida, but having a financial safety net for the 'unexpected'(check out her drawing too!)
What does being financially chic mean to you?
How do you keep your finances in order?