I need to slow down
Welcome to Chapter 6 of my series “Before I am moving out”. As you can read in the title, I came to the conclusion that I need to slow down.
I came to the conclusion after failing my driver’s test. As you know one of the things that I want to do before moving out is to get my driver’s license. In September I passed my theory exam immediately, thank God. However, I did not pass my driving test on December 16th. But that’s ok, I will be retaking the exam.
In Chapter 5 I let you know that I didn’t get the apartment. Do you know what happened after that? They ended up giving me one of the apartments. And then they ended up denying me the apartment, which was a mistake because they forgot to add my savings to my income. I emailed them and they said that they would get back to me, but they didn’t. So I just let it go. I was so upset. I felt bullied. I finally was ok after the first denial and then they come and make me happy for no reason. They are playing with my emotions.
Failing a drivings test and getting denied for apartments is not a great combination. At one point it is going to have a toll on my mental health. And I don’t want that, so I have to save myself from letting that happen to me.
The main reason for me having to slow down is that I am just trying to do so many things at the same time. I am trying to get my driver’s license, I’m trying to find an apartment. I’m trying to save a €10K emergency fund. I’m trying to save €10K for moving costs.
I’m basically doing all those things but not completing any of them:
- Drivers license: I passed my theory exam, but not my driving test. I’m basically 50% there.
- Apartments: I am applying but getting denied.
- Emergency fund: I want to save €10K, but I saved about €6K. So I am 60% there.
- Moving costs: I want to save €10K, but I saved about €7K so I’m 70% there.
If I only focussed on either the emergency fund or moving costs, one of the goals would be completed.
What am I going to do now?
My first priority will be getting my driver’s license. I already started and I passed my theory exam, which expires in March 2023. I’m not going to let that go to waste. Also, every month I set aside €120 for my lessons. If I pass my driving test, I can save an extra €120.
Of course, I can still save money while I am trying to get my license, but I have to focus on one thing. I chose to focus on my emergency fund even though I am the least excited about that. Once that’s done I will not have to look back at it for a long period of time. I did my calculations and if I save €520 per month in 2022, I will have saved €10K in August. After this, I am not fully going to stop putting money into my emergency fund. I will save €20 every month in case of inflation or if I have new costs in the future.
I’m not going to pause saving for my moving costs, I’m just going to save less. I will be saving €100 per month until my emergency fund is fully funded. When I’m done saving for my emergency fund. I will already have an extra €800 in my moving cost savings.
For now, I’m going to pause my apartment hunt. My boyfriend has an appointment for an apartment on the 23rd of this month. If he gets it, I will probably take a break until the end of 2022. Then I’m will spend the weekend at his place and be home on the weekdays. Right now, we both don’t have our own place. We really wanted one of us to have an apartment so we could have our privacy. If he does get the apartment, I have a project in mind that I will share in another post. Of course, we don’t know what will happen in the future. If I find an apartment that I really really really want, I might as well get it.
So my priority list is:
- Driver’s license
- Emergency fund
- Moving cost
I should be able to achieve these goals in 1 year. There is one thing that I didn’t take into consideration, which is a raise. At this moment, I am still waiting to hear if I will get a raise in 2022. They have to give me a raise. If they don’t that’s insulting. If I take the raise into consideration, the process will of course go faster.
This is all I have for today. This is the last chapter of 2021. The next chapter will be in January and hopefully, I can tell you that I got a raise.
Thank you all for your precious time, and until next time!
Color and Coins