Envisioning what 2021 will be like is frankly a bit scary. I started working on my Q3/4 business draft and am looking ahead to 2021. What do you think your biggest financial goals are for 2021?
We paid of one of our cars today! With a little extra money, we were able to pay off one of our cars. It’s gotten us thinking about how to move up in house, if we even should, and what do with the “extra” money we are not paying toward the car. I think it will go back into retirement, fixing up the house, and helping pay off my car.
Some things I hope to work on are overcoming fear and anxiety around money and having another child. We have had fertility issues in the past and I lost a baby this spring that was about 13 weeks along. It was a surprise and felt like a miracle that we got pregnant naturally at all! But it was so close to the time (end of first trimester) that’s considered past the most ‘at risk’ time, it was quite sad and awful. I don’t really want to blog about my fertility but maybe more on this another time.
It’s been hard to gain the courage to want to try again and also makes me feel guilty for not totally appreciating our little one who is 2.5 years old.
What do you think will happen with COVID in 2021? I wish I could say I think that things will magically get better in January, but I am not feeling optimistic. I read a lot of articles about women stepping out of the workforce to help with their children, and one thing my husband complained about when we were discussing the coverage is none of the articles cover the wage gap aspect of that- as in, the reason the women are the ones stopping work is they make less. The wage gap is even more so between women of color and white men.
To get back to the them of the post, I would say I am trying to be open minded about what 2021 will be like. It may be better for some of us then we expected, or maybe it will shake things up in ways we can’t imagine.
Therefore, for us, a big goal is to just stockpile cash and keep away from debt. Yes having another baby would incur costs, but we are at the point where we feel that we shouldn’t wait just because of COVID.
I hope everyone out there is doing well and dealing with things as best as they are able.
Melissa Winning 