A letter from Nov 05, 2024

Dear FutureMe, Tatiana Johnson tatianaj0801@gmail.com 11/5/2024 Hey Tatiana, I hope you’re doing well! I wanted to take a moment to write this letter to remind you of your savings goals and to help keep you focused on what really matters as you move forward. So, here’s the deal: your main goal right now is to save up for that awesome 2025 Kia K5, which is estimated to cost around $25,000. You really want this car because it represents so much more than just a vehicle. It’s about freedom, independence, and the ability to explore new opportunities—like getting to work easily or going on spontaneous adventures with friends. Plus, it's a stylish ride that you can feel proud to drive. But let's be real, I've got some concerns about meeting this goal. Starting from scratch with $0 can feel overwhelming, especially with all the other expenses I have to juggle. I’m worried that life will throw unexpected costs my way, and I'll struggle to keep my eye on the prize while also living my life. It can be tough to stay disciplined when there are so many temptations to spend. To tackle these concerns, here are specific steps I can take: 1. **Open a Separate Savings Account**: First things first, I’ll open a dedicated savings account just for the car fund. Having that money separate from my everyday spending will make it easier to keep track of my goal. 2. **Adjust My Budget**: I’ll take a hard look at my budget to see where I can cut back. Maybe I'll skip the extra takeout meals or limit my entertainment expenses for a while. Every little bit counts toward that $25,000. 3. **Boost My Income**: I’ll explore ways to bring in some extra cash with a part-time job or side hustle. Whether it’s freelance work or just picking up a few hours at a local store, I can use that income directly for my savings. 4. **Utilize Cash Back Offers**: I need to remember to use any cashback or reward apps for my purchases. If I can earn just a few percent back on things I’m already buying, that’ll go straight into my savings too. 5. **Set Mini-Goals**: It will also help to break down my big goal into smaller ones. For example, I could aim to save $5,000 every six months. That’ll give me milestones to celebrate and make it feel more manageable. Remember, it’s all about progress, not perfection. Every dollar saved is a step closer to that Kia K5. Stay patient and focused, and don't hesitate to remind yourself why you're working so hard. You’ve got this! You’re capable of achieving amazing things, and you’re definitely on your way to making this dream a reality. Keep pushing forward, and remember to celebrate those small wins along the way! Take care, Tatiana Johnson