Name APR Balance Percent Change
Store Card #1 24.99% $0.00 –
Store Card #2 22.9% $637.08 -4.63%
Credit Card #1 19.99% $0.00 -59.46%
Credit Card #2 22.9% $2.85 -98.98%
Credit Card #3 13.99% $3707.87 -1.01%
Furniture Loan 18% $1890.44 -9.60%
Personal Loan 15.5% $2717.37 -3.08%
Car Loan 10.19% $3400.01 -5.39%
Notes About This Month
Today my son turns one year old, and boy did that year go by super fast. But I am so very grateful that I have been able to watch him grow. Just last month he only had two teeth and was crawling everywhere. It didn’t look like he was ever going to walk. Now he is up to six teeth, and he walks just about everywhere. I feel so blessed to be able to partake in this miracle.
Do I regret not making the kind of money when I wasn’t working for myself? Not one ounce… I know that someday, I will be out of debt and there will be a surplus that I can do what I want with it. Not that my way of living will change that much, I have learned to live pretty frugal, how to save lots of money by couponing, and finally living the way I want to live.
I have been tracking my spending for the last three months, and come the first of the month I will be able to sit down with my wife and come up with a realistic budget. I am very excited for this. There are a few categories that need updating, since I didn’t track a few things. Mostly from my cash tips from some of my clients, which for the most part paid for an expense that I really want to track. I found a post from a blog I have been following that is dated 2006, but is still very relevant today, it’s about how to track cash spending with Quicken.
I also have to start to split up some transactions, like for instance my groceries is grouped in with shopping. One of the places I shop is WalMart and I buy many things that aren’t considered groceries. But when I do not have time to go to many different grocery stores during the week, I will ad match everything at WalMart. To me this savings is more important than tracking how much of everything goes into what. But I do mean to change this and actually start splitting up the bill and see where every last cent is going to.
This month I actually wanted to throw more money at my debt but was unable to for a few reasons. I loaned $500 to one of my best friends, out of all my friends this is the only person that I probably would loan money to. We have each done it in the past, and we both paid the other back. My wife wasn’t that happy that I loaned out this month, since we still don’t really have an emergency fund. But I know this particular person would give us the last ten dollars in his bank account if we needed it. Plus he has been down in the dumps, and hit rock bottom this month. I wanted him to know that I would always be there for him.
This was the month that my vehicle needed to be registered and inspected. Now I bought about $300 worth of parts at the end of January. But there was some things that came up that were either unexpected that I fixed myself, or things I didn’t feel comfortable or capable of doing. So all in all probably another $300 for that.
Also this month was the month for our pets to have their annual check ups and rabies shot. My one cat was basically self mutilating herself, and had to go back another time, to actually get her shots. But turns out that they still wouldn’t give them to her, and in a few days we have to go back yet again. I swear they do this so I have to pay for yet another exam fee. So far this month I spent $282 for them.
Well that’s it for this month. Hopefully starting the first of the month I will start really posting here, instead of just the monthly reports. Oh by the way did I mention how much I hate credit card companies. I actually thought I paid off two of the accounts this month, but turns out that Credit Card #2 charged me interest on the amount I paid off. Seems that the amount is compounded daily, which sucks but what can I do about it. Part of doing business I guess. Hopefully this $2.85 won’t have interest so it will be paid off next month.