The Ugly Truth
- Personal Loan - $23910
- Credit Card 1 - $7444
- Credit Card 2 - $7333
- Credit Card 3 - $6288
- Credit Card 4 - $11382
- Credit Card 5 - (paid in full)
- Credit Card 6 - $4148
- Credit Card 7 – paid in full!
- Emergency Fund - $501
Total = $60,004
Debt reduced from last month = $1832
Debt reduced from Sep 2007 = $3232
I can’t believe I've been at this for 6 months now. It’s gone so quickly, but I've also learnt so much.
February turned out much better than the last two months, as I've settled into a routine at my new place, work got busy (but fun and challenging) and some money rolled in!
I got a nice stack of dividend cheques, which helped right at the end of February, plus I also finally got my bond money back from my old place, which will cover upcoming car expenses over the next few months.
The best news is I paid off Credit Card number 7 last month. Other than that, it doesn't feel like I've made any progress when I look at the numbers; as I’m still over $3000 worse off than when I started! Erk.
I can’t believe I was only $5 dollars off dropping back below $60,000. I know I could have just paid the extra $5 before I posted this and made a big deal of the drop, but if I can’t be honest with myself, I’m not changing any habits. It's also a really easy win for March!
I feel really different about my money now, and I'm very aware of how conscious I am about my spending and debt reducing habits these days. I think it bodes well for the future, my future in particular.
That has to count for something doesn't it?