Friday, April 30, 2010
I'm happy to say that I am in the $120s! Seeing one digit go down is encouraging - makes me think my desire to not have six figure student loan debt isn't so impossible.
And I'm happy to say that at least two (I think only two) of my loans are now at values of less than what I borrowed! Woo hoo!
Both the Perkins Loan (originally $8800) and the Law School loan (originally $2000) I took out my third year of law school when my scholarship money ran out and I had a tuition deficit to meet. I'm grateful for the loans since they helped me avoid taking out private loans - only needed one of those evil evil private loans in law school, but I want them and their high interest rates to be banished.
So here are this month's numbers:
Wednesday, April 28, 2010
Ticker update alert - with today's contribution I believe we have just over $5000 left in the Wedding Savings account. We're just about on target with our wedding savings with under three months to go.
Personal training has been going well too, though I'll have to scale back my sessions to once a week instead of twice of week due to money and time constraints. A month of intense training gave me the foundation I needed to work out on my home and was, in my opinion, money well spent. It's tough to stay motivated every.single.day but with a lot of hard work, I have seen some results.
I am also anxiously awaiting the busy time at work to be finished - we all are - but right now it seems everything is in such a state of flux that there's no telling what will happen. My workload has doubled and while I am getting tons of hands-on experience, it's hard to juggle three projects at once. Last night I had a dream about my boss! (Not that kind of dream I swear, but he bought me mozzarella sticks....weird, right?)
Anyway, enough non sequitor, let's get to the budget!
Starting Balance = $1261
100 - Credit Card
500 - Wedding Savings
93 - Perkins Loan
80 - Law School Loan
100 - Groceries
90 - Health*
140 - Personal Training
157 - Misc
*I'm pretty frustrated with my insurance company. They never tell me I owe them anything at the appointment and then I get a phantom bill in the mail several weeks later (still directed to my old address even though I moved six months ago and have told them that). Anyway, today I sent a check for my $25 annual dental deductible and have another $20 to pay for labwork. I finally found my checkbook!
It's been pretty busy both at work and in wedding planning. My fiance and I got to take a quick trip out of town two weekends ago, which will probably be our last weekend truly alone before the wedding. It was fun. This past weekend I had my shower (yay for presents!) and the following weekends are chock full of many obligations to friends and family. The fun has just begun!
So here's a quick accounting of how I spent my last paycheck ($1261):
Credit Card - 160
Sallie Mae - 406
Defaulted Student Loan - 260
Sprint - 74
Healthcare - 85
Office Work Party tickets - 60
Misc. - 160
Stay tuned for more budgeting!
Wednesday, April 14, 2010
*Note that it's only healthy to lose about 2 pounds per week and my trainer wasn't expecting that much to happen so quickly so I have to be careful I'm getting enough calories and don't hurt myself, etc.
Expect a longer post today about the final stages of wedding (budget) planning but for now here's an accounting of my budget for the previous pay period:
Personal Training - 280/220
Perkins Loan - 93/93
Law School Loan - 80/80
Credit Card - 0/200
Groceries - 75/0
Health - 45/40
Wedding Savings - 580/580
Misc. - 163/140
In other news, I learned an expensive internet lesson: just because something looks awesome on a web site doesn't mean it will look awesome in person. Sigh, have to return a too expensive dress I bought to wear to my shower but at least I'll get my money back!
And since I was having too much fun with my April Fool's Day post, I neglected to mention that it's been a year since I've been at my "new" job. Woohoo! Hopefully this means I will be seeing a pay bump soon.
Thursday, April 1, 2010
I'm so excited! But cautious at the same time. I don't want to let the secret out and have people try to influence my financial decisions. I have hired an estate lawyer who specializes in lottery winnings. After paying taxes up front - and of course paying off my student loans - I should net about $70 million. My lawyer has reccomended buying an annuity with most of the funds which will pay out about $200,000 a month for the rest of my life!
We are buying a boat and sailing the world. Stay tuned for blog posts from paradise! Early retirement here we come!