Boundaries

Boundaries are something that I still struggle with to this day. The month of April was a difficult one because it is always a reminder of how long it has been since I spoke to my mom.

The morning Sydney was born after being in labor for 29 hours, pushing for an hour and a half, and sleeping for a few hours I had a difficult conversation with my mother. That was over four years ago. In that moment and the moments leading up to having Sydney I knew I was only going to allow healthy people in my life and my family’s lives. In that conversation I made it very clear what I expected of her and what I needed from her in order for her to be allowed back into our lives.

I needed a healthy mom. A healthy grandmother. A healthy mother in law. Those were the boundaries that I set in place. I need to be healthy for my children, my family but mostly for myself. Toxic is toxic family or not. In the times when she tries to reach out to me or send me things it is a trigger for me. It is triggering because she clearly ignores my boundaries and yet still tries to send things. I don’t want things they mean nothing to me I want a healthy mom. And I just wish she would respect my wishes. Things mean nothing to me if she is not healthy.

I was around 12 or 13 years old when I was called a c-u-n-t. In high school I was told to go spread my legs and have men f*** me. And I was called and told so much more that I will not dare to share. When I set my boundaries in place please know that I am doing it because I am protecting myself. Before saying “she’s your mother,” and “you only have one of her,” maybe try to understand where I am coming from. The years of damage and trauma have taken a toll on my mental health and there were times when I thought I was those names that she would scream at me. I had been called those names so many times over the course of my life I started to believe her and I thought I was a wh*** or a b****.

I share these things not to shame my mother but to give a small glimpse of my life. My boundaries are mine to set and I am more than willing to share why I have them in place. I have worked really hard to get to the place where I am today.My happy memories of my mother are far and few but I do remember in those sober times she was hilarious, caring, vibrant, and beautiful. I know I will never get that version of her but I do hope someday I get a healthy and happy mom. I am thankful for my life the good and the bad. I wouldn’t be here today if I didn’t have those deep, dark moments where I was able to find strength to keep going. And again please know this post is not to shame my mother but I want to share what I struggle with everyday❤️

I struggled for many years with boundaries and holding true to them. It got to a point when I just couldn’t handle the emotional trauma and I knew I needed to do something before I lost it. I am so thankful that I was strong enough to set those boundaries in place and hold them. My children are my motivation to be the best version of myself and I want to be happy and healthy.

My Financial Independence Journey

Waqaa & Hello!

I am going to highlight each of these slides and how I began my financial journey. First and foremost I am not a financial advisor, this is not financial advice. I am merely sharing what I have learned on my journey since getting my finances in order. In the early 2010’s I opened a Roth IRA with Vanguard. I set up automatic monthly investment to my Roth IRA for a few years. And then life got in the way and I was not able to contribute and stopped. This January 2021 I got serious about my finances and investments and went down the rabbit hole of investing, cryptocurrencies, various side hustles, and learning everything anything money.

In January I opened up my Vanguard account and familiarized myself with my Roth IRA again. My funds had been allocated in mutual funds that had HIGH expense ratios. I moved my funds to ETF’s (exchange traded funds) and mutual funds with low expense ratios such as the S&P 500, Total Stock Market Index, and Total Stock Market International. The specific funds that I invest in are VOO, VTI, VFIAX, VTIAX, and VTSAX. Again these are my personal investments and this is not financial advice. The maximum amount that you can contribute to a Roth IRA is $6,000 per year. The deadline to contribute is when taxes are due which is typically April 15th. Make sure when you contribute to your Roth IRA, brokerage account or rollover IRA that you move the funds from the Federal Money Market and invest it in a specific ETF (exchange traded funds), mutual fund, or individual stock. Do not forget to do this step otherwise your money will not work for you.

Along with ETF’s and mutual funds I also invest in individual stocks. The stocks that I invest in are things that I use everyday such as my Apple, Disney, Etsy, and other things that I use on the daily. I also have researched and invested in other various stocks that could potentially become beneficial down the road. Those specific stocks are in the renewable energy sector and other areas. I spend at least 30 minutes everyday and try and learn about something new with regards to investing, the stock market, cryptocurrencies, and anything and everything related to investing!

With my Employer Retirement Account when I initially opened it I apparently opted to have a financial company allocate my funds. I was scared for the longest time to move it around because I wasn’t sure what to do or what funds to pick out. And honestly I thought it would be complicated to do. I finally found the courage and time and opted out of that service and allocated a majority of it into an S&P 500. The other smaller portion I invested into an International Equity and World Equity fund. I also contribute the maximum amount that my employer will match.

After maxing out my Roth IRA for 2020 and 2021 I opened up a brokerage account. I will not do justice by trying to describe a brokerage so I am sharing a link to Personal Finance Club’s blogpost created by Jeremy. Click HERE to get to the post regarding what a brokerage account is. In my brokerage account I invest in VOO, VTI, VFIAX. I also invest in other individual stocks and ETF’s.

I also rolled over two of my old employer retirement accounts from when I worked at the Yukon Kuskokwim Health Corporation. I had around $100K that I rolled into a Vanguard Rollover IRA. Back story I worked at YKHC for over 10 years and I don’t remember when I started my retirement account with them but I am thankful that I did. I just recently rolled over the $100K to my Vanguard and just finished allocating it today. I had a little more fun with a small portion of it and invested it in some risky stocks. I also have one more old employer retirement account that I need to rollover. Once I roll it over to my rollover IRA I will look into a Backdoor Roth IRA and see if I can do that. Again I will not try and explain what a Backdoor Roth IRA but click HERE. Jeremy from Personal Finance Club does an excellent job explaining what it is.

I work full-time as a School Nurse. I had two part time jobs at one point as a Contact Tracer. I have my small business Sew Yup’ik. I teach classes via Zoom and in-person. And I try to find any and every single side hustle there is out there. I am currently in the process of going down the rabbit hole and researching Turo a car sharing company. I am also looking into ways that I can monetize my Sew Yup’ik Youtube channel, and my Sew Yup’ik Instagram page. Like I said I love to learn anything and everything if it helps me to become financially independent.

I would not have gotten serious about my finances, budgeting and daily tracking if it was not for stumbling across The Budget Mom’s Instagram page. I started following The Budget Mom in 2019 and got serious about daily tracking my finances and budgeting. When I started following her I had $81K in debt with my student loans and car loan. I started tracking my daily finances. I created monthly budgets. Challenged myself to no spend days. And threw whatever I could to my student loans, and car loan. I was able to pay $71K of my loans and still have $10K left of student loans. I could be paying it off but instead I am choosing to invest that. I am also secretly hoping President Biden will cancel some student debt haha but I won’t hold my breath. My goal is to reach Coast FI meaning that I want to invest enough money so that it can work for me and I will not have to invest another penny down the road. Again I wont explain it but check out this blogpost from Personal Finance Club on what Coast FI means.

All of this information is what I have done for my financial journey. I will continue to educate myself and keep going. My ultimate goal is to work when I feel like it and set my own schedule. I hope that this information is helpful. If you have any questions comment below. If you are not following me on IG or FB head over to my Sew Yup’ik pages I share a lot of my information on those platforms. And again my motto as always is don’t buy dumb sh**.

Please let me know if you would be interested in a post regarding my children’s accounts.

Quyana Cakneq!