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Where the money goes

January 15th, 2007 at 11:03 am

Money.Money.Money. Or perhaps the lack of money. It has consumed me. Correction.debt.it.consumes.to much of a persons energy and time!

Dh and I have a story. I am ashamed to share it. Trust me, I HAVE learned my LESSON! I don't want to get into all the details. Lets just say. We were debt free. It was the first time we had money, extra money. There was a business venture that didn't work out. Now we have debt, partly from stupidity,partly from giving to people who didn't deserve our favor and partly to stupidity. The crying is long over, but the debt remains. I am determined beyond everything to banish roughly 21,000 of debt ASAP- I may be over optomistic in thinking it will be gone by the end of '07.
Dh income alone will not do it- the addition of plasma $$ will not be enough. Therefore, I must return to the world of barely above minimum wage work. I'm not even sure where I'll begin to look.
I will begin looking next week. Dh is working overtime this week, so next week it is.

So, where the $ goes-
So far this month:

Cell Phone:30.00
Oilx3 changes:41.71
mad $ at goodwill:27.16
Paid off 1cc:98.95

The rest of the month looks like this.

Total min. cc payments: 527.00
snowballing:300 towards smallest cc to be paid off in March.


3 Responses to “Where the money goes”

  1. Broken Arrow Says:

    Welcome, and no need to feel ashamed. I too had a failed home business that I guess I still owed money to (I used our student loan money to fund it). So, I'm still paying that debt to this day. But like you, I also plan to eradicate that debt as soon as humanly possible!

  2. boomeyers Says:

    I am in the same situation of reluctantly setting out ot increase my income. Good luck to you! Just remember, the faster you pay this off and get a good savings plan together, the sooner you will be able to do what YOU want to with your life and not "have" to work. Good luck!

  3. Cents and Simplicity Says:

    Thanks, I know we have all been there one way or another. Hind sight is 20/20. Boy, how I would do it all over again.

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