I'm 33 years old and work in the education field. I have 2 small boys, a husband, a full time job, and I owe way too much money. I still can't believe I'm in so much debt, but I'm determined to get out of it in just about any way possible.
Savings:
Emergency - 1373.62
Christmas - 101.62
Yearly Expense Budget - 141.23
Life Insurance - 89.16
Vacation - 11.00
Clothes - 16.00
Home Improvement - 16.00
New Car - 11.00
________________________
Total: 1843.50
Goals:
1. To pay off CC1 by Jan. 1, 2008 (done)
2. Begin teaching the value of using money wisely to DS1 (4 yrs old) and DS2 (2 yrs old) by allowing them to earn extra money.
3. Pay off CC2 by February '08. (done Nov '07)
4. Pay off CC3 by June '08
Congratulations! One down, two more to go, and then you can knock out the student loan debt, which should be a little less onerous because you can get a student loan interest deduction off of your taxes for that.
Have you thought about trying to roll over what's left into a consolidated, low APR balance transfer? Depending on what cards you currently have, it might be worthwhile to lower your APR, freeing up more money to pay towards knocking down those credit card bills.
Again, congratulations! The sooner you can get that monkey off of your back, the happier you're going to be!
August 22nd, 2007 at 05:50 pm 1187801403
August 22nd, 2007 at 06:31 pm 1187803912
August 22nd, 2007 at 07:13 pm 1187806428
August 22nd, 2007 at 07:23 pm 1187807031
August 22nd, 2007 at 07:27 pm 1187807252
August 22nd, 2007 at 10:21 pm 1187817717
Have you thought about trying to roll over what's left into a consolidated, low APR balance transfer? Depending on what cards you currently have, it might be worthwhile to lower your APR, freeing up more money to pay towards knocking down those credit card bills.
Again, congratulations! The sooner you can get that monkey off of your back, the happier you're going to be!
August 22nd, 2007 at 11:39 pm 1187822393
August 23rd, 2007 at 12:39 am 1187825979
August 23rd, 2007 at 01:22 am 1187828538
August 23rd, 2007 at 08:23 pm 1187896999
September 5th, 2007 at 08:51 pm 1189021899