Baby Step 3 COMPLETED, Now What? | Emergency Fund | Aja Dang
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- čas přidán 19. 05. 2024
- I'm Aja Dang and it has happened - I have a FULLY FUNDED EMERGENCY FUND AND I FINALLY FEEL FREEEE!!!!! I started building my emergency fund in January (after becoming debt free) and have since saved up $35,000 to complete my emergency fund. I originally anticipated saving up $40,000 (including a $10,000 EF for my two dogs and including my boyfriends half of bills... just in case) but after saving up $35k and realizing how much more I could cut out after the coronavirus hit, I decided $35,000 was enough for me.
I'm so happy, the feeling is much different than how I felt when I paid off all my debt. This is a true freedom and I know I'll never be in the same financial position I was in two years ago. And it couldn't have come at a better time.
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Yay!! I just became debt free yesterday. I can’t wait to start pouring money into that emergency fun!!
yes sis! CONGRATS! Life will be totally different now.
Whoo hoo! Congrats!
Congrats!!! 🎉
Congratulations!!
Yay!! Congratulations!!
You're my financial hero! I am debt free as of last week because of your tips!
LAST WEEK?! GIIRRLLL congrats!!
@@AjaDang yes Aja! In the middle of a PANDEMIC. Love you all the way from The Bahamas 🇧🇸🇧🇸🇧🇸
Whooooo! Congratulations!!!
CONGRATSSSSSS
Congratulations sis!!🎉🎉
Paying off debt is taking off that heavy backpack, while the emergency found is a shoulder rub. You need both to be fully comfortable.
@LindaKaizer that's a great way to put it!
The happier relief you're describing is "peace." 😊
Dear Aja,
Today I just paid off my student loan debt from Undergraduate and Graduate School!! It took me 2 years after I graduated grad school to do this, and your videos/debt free journey really pushed and motivated me to work on my own #FinancialFreedom. Now that I have paid of my student loans, my next step is to pay off my car, build my EF and save more money for my wedding in October ! (depending on how covid pans out). Just wanted to say THANK YOU for sharing your journey and inspiring people like me.
wow congrats! Today is a huge day for you!!
Congratulations!
I paid off over six figures of debt in 2 years, working like crazy for that one goal of being debt-free. I'm on the other side of debt, and I have to tell you it's definitely worth it, especially in our current times. Now, I'm working towards increasing my emergency fund. I've got so much respect for people who are able to consistently stick to their financial goals. It's difficult, it's against the norm, but it's also possible!
Yes!!! The pure freedom you feel with no debt and a fully funded emergency fund! Congratulations!
Ms. Aja Dang, You have inspired me to talk about my finances and how having financial freedom is our choice. Thank you for the tenacious, consistent, no filter, no bullshit way of being your true self. I admire you for your bravery of putting yourself out there about your debt. Thank you for choosing financial freedom and don't listen to those people who wished they had your income; you have worked hard for the income you have earned. Thank you.
You have been such a inspiration. I’m 26 and as of last week.... I am debt free for the first time since turning 18. I’ve always owed money and I’m finally done. Life has always been so challenging but I’m so happy to move forward and try to set a different path for myself moving forward.
yes girl! Congrats!
Congrats!!! When you talked about not being sure how much to save up for a house because you weren’t sure where you wanted to live, I heard online for that situation, you should save up money for the the most expensive place you have on your mind. The reason for this is because it will make you save up more money. If you do choose to buy a house in a cheaper area like Houston instead of LA, having that extra money will help with unexpected house issues, such as flooding, real estate taxes, and renovations
that's true
That wasn’t my mindset at all when buying my first home. I bought my first home in a place I knew I didn’t plan to stay in long term, but could commit to owning the home for at least 5 years. It became a rental income property once I was ready to move on and I’ve repeated the same process 3 more times. It was always more worth it to me to buy a home versus pay someone else’s rent and then whenever I’d move out or move on I could sell it or rent it without any issue.
I’ve since has to sell all properties because of a divorce but my goal is to get back to that spot on my own and continue to invest in real estate
Do you have any tips on purchasing foreclosures?
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When you say you rent it out do you mean that someone else took over your mortgage payment? You rented out your first home and it was paying itself off?
Congrats!!🎉 I’ve been watching your journey for 2 years and it’s awe inspiring how far you’ve come.
Just starting my journey to becoming debt free after an abusive relationship and racking up student debt. This video makes me feel so hopeful and motivated!! =)
More power to you dear
Aah I'm so happy for you! I paid off all debt two months ago and now trying to save up for my emergency fund. It's soo hard but I'll stick to it! Thank you for the inspiration, Aja!
Congratulations on funding your emergency fund!! With regards to moving, I totally understand not being sure about where to set down roots (even for the next step of your life). I am in Charlotte now, and for me, this is everything I was looking for in a city. I moved here right after I turned 29 and I love it here. What helped me was making a dream wish list of what I wanted (even really frivolous things) and looked for cities that aligned with it.
YEAH GIRL! Congratulations! I agree that paying off my student debt felt a bit anti-climatic, but having an emergency fund makes you feel free and so empowered!!!
Heartiest congratulations to you! 9 more months for me b4 I have a fully funded emergency fund. I'm looking forward ❤️❤️❤️
Congratulations! Your joy is infectious and it's clear you're proud of your hard work (as you should be).
Im so happy for you Aja!! you have been such an inspiration to us all !
Aja you and everyone else who've navigated this path are such an inspiration. I'll be completing BS2 after over 5 years in 3 months. This is so awesome!!! Congrats!
Congratulations Aja!🙌🏻 I’m really happy for you!!
Having a fully funded emergency fund just makes you feel so confident and powerful, right? Such a good feeling!
Congrats Aja!!!! I'm on track too.
Thanks for keeping it real on this channel. I love when you call out BS haha
I am sooooo happy for you Aja!!!!!! You have inspired me every step of the way on my debt free journey (half done!). This video comes at such a perfect time because I was just starting to feel down about imagining building up my emergency fund before spending on my dream vacation, but I want that happy freedom feeling you spoke of so much. Sending many thanks and can’t wait to see your next steps. 🙏❤️🙌
I love seeing Aja Dang more and more financially stable as the years go by! Its truly inspiring, but also just glad she's feeling lighter! You worked so hard for this and I am proud of you girl.
I'm so happy for you! I want to thank you because since I found your budget videos I have a budget since January. I was always afraid to do one. Now I actually have a emergency fund and savings and that is a BIG step for me. I paid off my home in 2018. Now the only debtI have is a car payment and I have started paying extra on that. I love your videos they really get me motivated. Don't let anyone tell you that what you did was not that great because it was a long hard journey and inspired many! Thank you
I’m going to be in BS2 for at least four more years (huge student loans, small shovel) but your videos really give me a lot of hope that I can do it.
Hi Kaz S. I will be on BS2 for about 2.5 years, it feels great when a debt is gone and paid. Have a great New Year.
Congrats Aja. As a long time follower I'm so happy for you.
Congratulations 🎉🍾 been here since the beginning proud of you
Yayyyyyy! We are in Baby Step 3B- saving for a home. So thrilled for you!!!! It feels so good to have an emergency fund.
You are amazing and so inspirational! I started following your journey a couple years back. I followed in your steps and finished paying off $86k in student loans earlier this year! Now I’m working on my emergency fund so I’m so stoked you’ve done it! I’m so grateful for your advice and for you sharing your experience. It’s life changing! I’m also thinking about saving for a house and I still have a car to pay off. I’m more excited and inspired than ever because of you. So, thank you!
congrats aja!! I stumbled upon your financial journey when I first began Physician Assistant school 3 years ago and have been loving your channel ever since! You have inspired me to make a very realistic and balanced budget. My husband and I have been able to pay off a decent amount of our debt despite being a one income household while I went to school and now as I am having troubles finding a job in our tiny town (+ covid19). Keep up the good work! Also, I love hearing about the things you've decided to treat yourself with now that you're financially free!
YES AJA!
I’ll have my emergency fund in place in the next 2 weeks. I’m doing a 3 month emergency fund before I start paying off my BIG debt (already done all my little ones) just for my own peace of mind and knowing I’m secure in case anything does go wrong
I’ll build it up to 6 months once I’m completely debt free. And then we can start saving for all the big life things!
Congrats! You've been so inspiring to me on my financial freedom journey!
I'm so happy for your accomplishments Aja. Very inspiring.
Congrats on the fully funded emergency fund! I just met my savings goal (that I set for this year) this month too. I decided to pause aggressively paying down my debts due to the pandemic and also the uncertainty of whether or not my contract with my job was going to be extended. It’s been extended until September so I feel a bit more comfortable knowing I have some funds to fall back on if I find myself without work then. Thanks providing me inspiration and motivation! ❤️
Congrats!! I appreciate your channel so much! 💕
This has been soooo inspiring. I just recently paid off my credit cards and am credit card debt free myself and seeing your videos have been encouraging and motivating to do the same so thank you for sharing and being such a boss!
Yay its a great feeling! Now is the fun part for you! Live like no one else!!!
Omg I love the idea of helping people with their debt... this could help so many people
Congrats Aja!! I've followed your journey from the very start and I'm so grateful for all the information you have provided me, It's helped me so much on my own journey. The hardest thing about creating a budget is sticking to it and unlearning all your bad habits you have learnt along the way. In terms of the services you're wanting to provide , I know you're so busy that maybe even creating products such as budgeting / finance templates or trackers that you can download or print out for your planner (HUGE planner community out there), Creating an app, or a finance planner with all the templates needed to reach our goals. I'd love to support you and purchase anything that provides young women with the knowlegde they need to conquer their world.
Yay congratulations!! I graduated BS2 May 15 and hopefully I’ll have BS3 done by August. 🤞🏾
Yay! This is so exciting! Way to go, Aja!
soo inspiring! really enjoy watching this journey with you!
Extremely happy and proud of you! Now go treat yo self!!! ♥️♥️♥️
I have been following you for a few months now and you have empowered me to take control of my finances. You are a great female role model in finances. So, thank you!!
wow thank you!
I started following you years ago, last year I tried to pay off my cc but I fell in the hole deeper. Thanks to you and your videos I will be debt free next month!!!!!
AWESOME GIRL! My EF was started a year ago.. and then I was laid off. Luckily I am back on track saving and its providing SO much comfort. I highly recommend to everyone.
So happy for you! I will be fully funded by the end of July, but even so far, I feel so relieved that I have a good chunk of money aside and don't fear if something happens! "Minor inconvenience" things become, rather than then feeling like the end of the world :)
Literally so proud of your journey😭😭
This video is so encouraging...I’m in the middle of baby step 3 and this is just the motivation I needed. Thank you!
You inspire me so much to keep going and stay on track with my financial goals!!
girlll im so happy for you!! following over a year now
Congrats on getting those funds completed. A real inspiration for me as I trying to get my finances sorted - thanks. 😁
I bought my house 9 years ago. I always thought we would move. And having that option was what made me feel relaxed about buying. However we recently decided we are staying here forever. I don’t anticipate ever moving. It’s actually freeing knowing this is our forever home. It’s a small modest home. So my advice is buy a house with the mindset that you can always move. Don’t make it more complicated and stressful. Just buy a home that you will be able to sell fast. A first time buyer home, if that makes sense.
Yes girl. Rock it. We are on step 4, 5, 6. It’s a great feeling.
I think the feeling you were trying to describe is a feeling of safety and of being at ease. At least that what it feels like for me.
Congratulations Aja! So excited for you and I can’t wait to be in that position. Your videos helped me get out of CC debt. Now tackling some other loans. On the path to being debt free.
yes ! love to hear that
Aja Dang thank you 😊
Congrats on funding your emergency fund!!! 🥳🥳
Would Brian be willing to do a video with you to talk about finances? My boy and I have been together 9 years and looking for different methods of discussing and managing finances. xx
agreed! i would love to see a video like this. My bf and I have been living together for over 2 years and would love to learn different ways to manage finances as a couple.
I'm planning to do a video with him soon. Not to talk about specific finances but to talk about our overall views of money and how we are different.
Patricia Bright has a amazing video with her husband
I’m almost at the end of baby step 3! My end date will be the first paycheck of December though I’m going to do as much as I can to get it done sooner. After this is to fund my smaller emergency funds aka car maintenance/deductible and then my health deductible. As a single mom I have to put myself in a more secure place before I start saving for a house. But also I’m going to get a Roth IRA and a 529 for my son once I get the funds funded!
Aja i have not seen you so light and happy until today!! You are amazing! So proud of you
im telling you, an EF is a game changer
@@AjaDang we are about 2/3 into saving for ours and I cant wait to be where you are!!
Congratulations! Hit 3 months EM and decided to increase it to 6 months now given thr pandemic. Living life on a positive cash-flow with money for emergencies is just so gratifying. I feel rich because I know have a level of safety now. The best form of self love out there!
So excited for the finance series!!!!! Thanks so much!!!
Yes! Being deft free is a big stress reliever and then the FF emergency fund is more of a comfort/security relief.
For me, being near my family is absolutely important! I lived in LA for college but moved back home and settled there. Now that I’m a mother I’m so happy I made that decision bc it really takes a village to raise a child.
Mad props Aja!
I got my finances down, now it's time to perfect my gardening skills
@@AjaDang thank you for keeping us motivated! I know this is older video but I just paid off my car loan early and I thought “ oh I need to tell Aja” lol. I live in Bay Area, as you know the CA rent is ridiculously high, so I am so happy to be debt free. Thx again!
Congratulations on having a fully-funded EF, Ms Aja! Because of you, I also have this as my goal of the year and I am half-way there!!! Thank you so much for the inspiration. Love from the Philippines!!! Looking forward to you and Brian talking abt your views on finance!! Stay safe you guys 💕
Yes!! If people don't have their priorities rights, they will never accomplish the goals that depend on them
Congrats and looking forward to the future- watching and starting my journey once settled in a job/having some income to budget lol
She is GLOWING!
Congratulations! That’s exciting!
so excited for you to spend $$$$ on yourself!!!! you earned this girl
I love your videos so much! I can’t believe people could watch you grind it out so hard and say that they could do the same. You’re a powerhouse, girl! My husband and I just bought our first house this month. We got married young and are still a few years from having kids but we live in Canada and childcare can be really expensive in our area. We made the decision to buy near family members to hopefully alleviate some of that financial stress in the future. We also want our parents to be able to see their grandkids as often as they like. We knew we could be happy almost anywhere as long as we were together, but budgeting has taught me to look much further into the future than I would have before. 💓
I'm almost there with paying off student loans,no credit card debt, and have a emergency fund, this is very inspiring! I hope to get there soon!
$160k in debt not including my mortgage. You have inspired me that I can do this! I turn 31 next month and am going to push to be debt free by thirty threeeee!
wow, that's such a huge accomplishment. congratulations!!!
Congrats on the fully funded emergency fund! You are radiating peace in today’s video 👏 It would be interesting if you did a video with Todd on what’s his like to work with people on their financial goals or to just do a Q&A with him and have your audience send in questions.
Yes, girl it's definitely easier because now that smashed debt is real income. It's such a beautiful feeling!
So happy for you Aja!
Congratulations!!! You are such an inspiration ❤️❤️
I’m not there yet...but I will be there one day!
Congratulations! On your end my dear 🥰
You certainly give me hope it’s doable
When I bought my house I knew I would be in this city forever. For me what ended up happening though was that I couldn't afford a forever house so I had to settle with a tiny one bedroom condo. So I'm building up to that forever home. In my opinion your headspace is in the right place as far as buying a house. Can't wait to see what you decide!
Congratulations. What an awesome accomplishment.
Congrats, that’s amazing! I’ll be saving a lot on travel (usually my biggest expense), so I’ve been able to dedicate more to my revolving debt.
Congrats !!! 🥳🥳🥳🥳🥳
Glad I found this channel! Your videos are so good!
I liked your celebration dance lol. Congrats on your progress!
Congratulations on getting your FFEF. Yes, it is a great feeling which is different from paying off all the debt. It is also a different good feeling after paying off the mortgage.We paid off our mortgage on 5/29. Dave is right, the grass does feel different when it's paid off.
Congrats! 🎉🎊🎈
That's excellent! go girl!
Awesome job! Hard work pays off ❤️😀
congrats on getting your emergency fund funded! We bought a house in LA and we plan on moving soon. Still trying to figure out what city. A house is just a house and it doesn't matter. At first it feels like a big deal but once you're in it it doesn't matter so don't beat yourself up. But def don't buy a house if you don't think you'll be there for 5 years. Renting buys you patience as you know. good luck
Congratulations! I’ve been following your inspirational story for the past two years and have been implementing your advice into my own life. In those two years it seems like my goals were postponed, but I’m still pursuing financial freedom as a single mother in my late 20’s!!
Everyone's different, and the fact that you were able to figure out how to manage your money in a way that works for you, and to pay off the things that were important for you to get out of your life is so incredible! Anyone who ever tries to bring you down for your income should be more focused on their own income than making you feel bad about yours tbh. Congratulations on funding your Emergency Fund, you make me excited to get to that point too!
im so proud of you! you’ve convinced me to start saving for tuition at either sdsu or UCI (whoever accepts me haha) so I don’t dive into that hole of student debt right away!
Congrats! few people get to where you are. I started on my 6 month Emergency Fund and $1000 cash first before my debts. It was due to occupational breaks and unsteady employment.
Congrats! I’m so happy for you! You really deserve it! Do a video on your clothing haul!
Congrats! We just finished baby step 3 too! On figuring out where to settle down. The approach we took was to stay where we were for the first year after having our first child, which was the small town I grew up in. Rural California girl over here! Once we had him I could see what life was like there with a baby. I realized that while it was nice living in a small town for somethings, there weren’t the opportunities for our careers or for our child that WE wanted to provide. We decided before his first birthday to move back to the city. We are so happy with the decision and he loves all of the day to day activities and opportunities we have here. I think it’s ok to wait and see. There’s no “proper” order to do something. Take your time. Loved your video. Best wishes!
Hey! I love your video :) Thank you I watch your videos when I started working and I just recently completed my debts and emergency fund!
I saw you talking about Vancouver in your podcast! I feel like Vancouver would be amazing for you, Brian (huge dance community here) and your doggos 🐾🥰