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A little project for my blog.

October 27th, 2006 at 02:21 am

The need to tighten up our budget has become very clear in recent weeks - I broke my foot and will be off for two months before returning to work!

I am reasonably assured that hubby and I are not too extravagent in the "variable expenses" department, but we definitely do have to curb our phone usage and eating out. I am going to track my "progress" in these areas for a little extra visual motivation.

Phone usage: 2 hours
Eating out: none

Overall Financial Footprint:

STUDENT LOAN DEBT: $8000/paying off at a rate of $500 monthly (%8.5)
CREDIT CARD DEBT: $2000/paying more than the minimum, roughly $200 monthly (%18.5)

Hubby is another story:

2 lines of credit owing a total of $18,000 at %13 interest.

Outstanding amount on vehicle of $10,000.

A total of 38K between us!!!

I really want to have my cc and student loan debt paid by August 2007.

The car debt will remain for another two years, but I hope to have hubby's combined debt also down to 10K by August 2007. I think we can do it.

2 Responses to “A little project for my blog.”

  1. LuxLiving Says:

    There you are - I had been missing you! So sorry to hear about your foot! EEEK!! I've had serious foot issues over the years with loads of surgery. Seems no one ever steps on your foot until you've broken it or had surgery!

    Be good to yourself and keep that foot up! And watch out for those other people's feet! Smile

  2. Amber Says:

    Get well soon

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