Wednesday, June 11, 2008

Budget 06/11 - 06/24

My interview went very well! I am cautiously optimistic. There's been a lot of financial news of late, each may require a full explanation, but first my budget:

Starting Balance = $1219 (it's actually a little more but I am keeping the excess from the last budget)

65 - Utilities (I settled with them and set up a payment plan!)
48 - Cell
175 - Payday Loan (one more payment to go!)
125 - Nice Collection Agency
406 - Student Loan aka Aunt Sallie Mae
225 - Work Trip*** (although if I get the new job I may not attend)
85 - Boyfriend Birthday Gift

Leftover for me to live on = 90 bucks. It's a little tight but I think I can swing it.

I can't wait until I get rid of the Payday Loans so that I will actually have a workable budget and can start contributing to my Roth again! Work trip is up in the air since I have a really good feeling I will be getting this new job and would therefore feel bad about taking a trip during my two-week-notice. Hopefully I will know soon!!


pennypincher said...

Good luck on the job. I have faith that if this is the job for you than it will work out in your favor.

Anonymous said...

It looks good but I dont think you hurry on contributing roth while you have utilities etc to pay.First cover your very very basics.

Sallie's Niece said...

True indeed. Well the Roth isn't the first thing I would do with that money I guess but I'd almost rather burn money than pay anymore payday loans.

Anonymous said...

Payday Loans should be available to those seeking temporary relief from soaring costs. Those states that have banned payday lending have seen a dramatic increase in bankruptcy and other debt problems. Leave the freedom of choice alone and allow people to manage their own money!

Sallie's Niece said...

I'm not making a stand for/against them. This blog is just about my personal experiences. And, for me, getting into payday loan debt was a mistake.

Jim ~ said...

Sallie if you hadn't noticed Chris just spammed your blog with a link to something they probably have self interest in. My suggestion is to delete the post.

Payday loans are about the worst thing you could do. They thrive on people who are lower class because they don't make a lot of money to begin with. It is beyond me why a company that rips off people with little money is allowed to exist. I'm glad you were able to get out and away from these sharks.