One of the main reasons I started this site was to keep myself accountable to anyone that was reading! Boy, have I failed (go ahead and yell at me…its cool).
Right now I am focusing on debt repayment, when that is over I will work on pumping up my savings and I will share those numbers with everyone.
| 8/1/08 | 3/6/2009 | |
| Citicard#1 | $141.99 | $0 |
| Discover #1 | $1,758.30 | $0 |
| CitiCard #2 | $7,797 | $0 |
| Bank of America #1 | $1,344.97 | $1,361.00 |
| Discover #2 | $4,979.02 | $4,100.00 |
| Discover #3 | $862.70 | $495.00 |
| Bank of America #2 | $0 | $4,100 |
| Totals | $16,883.98 | $10,056.00 |
This is a snap shot right now, there are payments in schedule so the number is a little less. Most of the debt is at 0% which is great. Each week I am throwing approximately $150.00 at the debt, and the wife is awesome throwing chunks when she can. This second I am focused on the Discover #3, as its 0% is ending soon; after that my plan is to eradicate the Bank of America #1 since I got into a fight with them and shut the account. After that I will have to reasses the situation to determine when each other 0%er is running out and start down the list.
I had a tax appointment but due to weather it was cancelled. I have it rescheduled for this week HOPEFULLY I will get a kick ass refund and destroy the remaining debt (or at least a huge freaking portion).
Once paid off I want to really focus on increaing the wife ‘s and my cash reserves, as the wife and I will be planning a family soon as well as thinking about moving to a bigger place. I haven’t decided where that number exactly lies, but I am thinking it will be close to a year’s worth expenses (since it will be made up of both emergency money and saving for a home). I also really want to get into passive income investing (muni bonds and the like).
It is an exciting time in my life…both positives (coming up on a year being married…talking about children…talking about moving…just great stuff) and negatives (my father having heart surgery…my mother having foot surgery…my father in law dealing with his stuff) – I am just trying to keep my head above all the stress.
