The not so good news is that I also spent more money than I had planned, partly due to the windfall. And the bad news is that I still have a big credit card balance mocking me. I'm just gonna put this out there as I've sort of been evasive about the amount in the past month as I've been trying to attack it: I have $2700 in credit card debt. There I said it. It was actually quite a bit more a month ago. It's "only" at 8.9% interest rate but it's pissing me off and I want it gone as soon as possible.
So without further ado, I will show you how I spent my paycheck plus my windfall the past two weeks:
Budgeted/Actual
Credit Card - 700/700
Law School Loan - 200/434
Perkins Loan - 94/94
Health - 65/100
Gift - 60/60
Misc. - 167/180
Beauty - 0/59
Clothes - 0/198
Yeah yeah, I know. It's pretty bad. If I hadn't overpaid the law school loan so much I would have had money for the clothes. AND if I didn't have such a high credit card balance to work off I would have had money for both the loan AND the clothes. I just really wanted to use the windfall towards erasing debt and it did to a certain extent. Look for a big student loan announcement later this week.
Also I showed up at a doctor's appointment to find out that my health insurance decided not to cover my flu vaccination. What the heck? Luckily I think I am going to be able to reduce my prescription co-pays going forward so that will help a bit. It's also open enrollment time for Flex Spending Accounts so I am looking into that as well.
If all goes according to plan, I can have the credit card paid off by the end of the year. Wish me luck!
3 comments:
thanks for owning up to your credit card balance! i, too, had paid mine off, then had some expenses come up that could have been delayed, but were urgent. not enough to deplete my emergency fund, though. so, now i have a credit card balance again, and it's making me crazy! i appreciate you talking about that :)
You are putting a good dent in your law school loan. You will have that wiped out this year. That must be a good feeling. I added you to my blogroll :)
I think you putting the windfall towards debt must have been exhilarating!
I did something similar when I was getting close to my debt -- I was really tight on money to put it towards my debt
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