Home > I DID IT!


June 12th, 2008 at 03:54 am

I started Paying off my old DEBT! Big Grin

Okay but I am slightly discouraged if you look at the numbers

I take home $457.50 a week

$325 goes towards shared bills (rent, groceries, utilities etc...)

$50 a week is towards CareOne ($181 a month)

$25 a week towards Savings

Which leaves me almost $60+ a week leftover.

Keep in mind - I still have to pay my CCs, Car Insurance and a couple of other things every month.

Am I doing okay and the right thing? I know any extra is going towards paying off my debt.

But honestly, I still like to buy things :P and would like to have things too.

6 Responses to “I DID IT!”

  1. Thrifty Ray Says:

    It is all about balance. You need to payoff the debt, keep up with the current expenses, save for the future, and feel like you have a little to do with as you wish each month...

    You are doing the right thing if you have a plan you are comfortable with and are able to stick to it.

    Good luck!

  2. Yankee Gal Says:

    I'm rooting for you! It seems like it will take forever, because i have loads of debt, but I am just trying to stay focused on keeping my head above water and sticking to good choices every day.

  3. Analise Says:

    The important thing is that you have a goal and plan to meet that goal. Keep in mind we sometimes have to adjust even the best laid plans, and that is OK as long as you get back on track. I'm happy to see the one of your budget items is "savings"... good for you.

  4. koppur Says:

    I have the same problem. I really want my debt gone, but I love to spend! Good luck!

  5. greengirl Says:

    the thing that keeps me in check is, once i pay off my debt, i will have so much more to play with. and the sooner you pay it off, the less interest you will pay. so if you try and scrimp now, and sacrfice a couple of things you don't really need, it will be better off in the long run because you will get your debt paid off sooner so then you can do what you really want with your money.

  6. snoopycool Says:

    Hooray! I think you are doing the right, responsible thing. That's never easy.

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