It is good to take a moment to reflect on this past decade 2010 to 2019.
What went great in your life?
What didn’t work out?
What goals did you set to achieve this new decade 2020 to 2030?
What do you plan to achieve this first year 2020 of this new decade?
Let me share with you my past decade and my resolutions for the new one.
Past decade 2010 to end of 2019
First half of the past decade: 2010 to 2014
I struggled as a new wife, a new mother of 2, and a new graduate with no job.
I got married right before 2010 and as a new wife I was still trying to learn my role as a wife.
As a new mother, I tried to figure out how to be a good mother and raising children is a school all by its self.
With my second master degree and no job, I worked for minimum wage.
Few months before 2010, an internet marketing scam caused us over $12,000 credit card debt.
Between 2010 and 2013 we have $26,000 in credit card debts, $15,000 student loan, and a new car leased for $22,000. That was a total of $67,000 of consumer debts while our combined income was a little over $30,000 a year. I have 2 posts that covered our consumer debts and how we paid them off.
How We Paid Off Our Unsecured Debts
I became US citizen toward the end of the first half decade.
I found a full time job and our income.
My husband and I purchased our first house.
Second Half decade: 2015 to 2019
I struggled with balancing my life as a wife, a mother, a career woman, and a business owner.
During this second half of the past decade, I created few businesses and they took a back seat in my life.
My husband and I focused on paying of the debts we accumulated during the first half decade. We paid off the credit card debts, tuition loans, and car loan.
Our income went up to around $80,000 a year.
We paid over half of our house mortgage loan.
We paid over $ 132,000 of debts within the last 5 years including $67,000 of consumer debts and $65,000 of mortgage loan.
Due to an identity theft scam few months before end of 2019, we have another $15,000 credit card debt we started to pay off.
We have the birth of our third child.
Between taking care for the kids ourselves without paying for daycare and focusing all our resources on paying off our debts, my husband and I have not really spent a lot of time on ourselves like having date nights for instance. We didn’t take family vacations either.
As you can see, I spent the past decade struggling and balancing my life as a wife, a mother, a career woman, a business woman, and paying off debts.
New Decade Resolutions: 2020 to 2030
For the new decade:
As a wife, I would be more supportive of my husband and try not to change him.
As a mother, I would continue to learn to be a good parent to my children and help them discover who they are and who they are met to be. I am raising adults not kids. I would continue to teach them frugality, to be the boss of themselves, and learn to create multiple streams of income.
As a career woman, I would continue my day job unless my businesses require my attention full time and generate well over my current salary.
As a business woman, if my businesses could succeed, I would make that happen. They are not taking the back seat any longer. We are investing in rental real estate this decade as well.
Debts: no more scam debts and no more consumer debts. We might have business debt when we purchased rental properties but we will be savvy enough and plan before we make decisions.
Here are my new resolutions for 2020 to 2030. What are yours?
I wish all of us including you, your family, my family, and myself, Happy New Decade, Happy New Year 2020, God’s Blessing on all of Us, and Good Health to all of Us! When there is health, anything else is possible. Let’s Go Make Our Dreams Happen!
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