I’m a few days late, but better late than never, right? Here goes…
Where my money went October 18th – November 1st
- $124.63: Groceries
- $98.78: Entertainment
- $598.57: I extended a work trip to visit friends and went to the spa, bought a new fall coat and 2 pairs of boots (yep, broke the no-retail shopping rule) and dined out for multiple meals. For an explanation of this behaviour, please see: 6 steps to how I paid off my $40,000 student loan, and still owe the entire balance 🤦
- $50: Donation
- $50: Gas
For a total of $921.98, which is probably over budget, but I didn’t actually set a budget last check-in… so, there’s that.
Where my money is going November 1st- 15th
- $514.02: to cover costs I put on my credit card last week during that trip (have I mentioned how painful it is to tell the truth…. groan). I fully recognize that this amount was earmarked for debt repayment… here’s to next time .
- $237.06: debt repayment
- $25.19 emergency fund
- Other fixed costs
- Emergency fund: $1052 which is up $26.10 from last check-in thanks to a big ol’ $0.91 interest payment… every penny counts!
- Debt: –$32, 700 which is $3,452 down since my first blog post in June, and $6,786 paid off (and kept off) since January.
- Side note: since I am so close to the end of the year, I’ve made a mini-goal to have $10,000 in debt paid off by the end of December. As you can probably tell, I’ve been struggling to stay motivated. I need a short-term goal to keep me focused. $3,214 in 2 months is lofty (especially during the holiday season), but I think it’s doable.
Plan for the next 2 weeks:
My homework from last check-in was to do more research on the habits of savers and side-hustlers and identify a few habits that I can add to my routine. I did start this, but with all of the work travel, I didn’t finish. So, my ‘plan’ will be to finish my homework.
Since I have already pulled my savings and debt-repayment off the top, my remaining ‘anti-budget’ amount is $500. If I stick to this (meaning if I don’t sneak the credit card back into my wallet), I should be able to make a significant debt repayment next pay (which I’ll need to do to hit $10,000 repaid this year). Wish me luck!