Monday, 1 December 2008

The Ugly Truth – Day 458


  • Personal Loan: -$19,136
  • Credit Card 1: -$5,681
  • Credit Card 2: -$6,147
  • Credit Card 3: (transferred to Card 4)
  • Credit Card 4: -$15,719
  • Credit Card 5: (paid in full)
  • Credit Card 6: (paid in full)
  • Credit Card 7: (paid in full)
  • Credit Card 8: -$4,750


  • Emergency Fund: +$2,000
  • Car Fund (Maintenance & Registration): +0
  • Short Term Goal Fund: +$1,250 (Current goal is new bedroom furniture)
  • Home Deposit Fund ($60,000 Goal): +$1,000
  • UK Tour Fund ($10,000 Goal): +$1250

Total: -$51,433
Debt reduced from last month: +$321
Debt reduced from Sep 2007: +$5,339

Another tiny change downward this month, as I had to get the car serviced and it cost heaps, plus pay the NRMA membership.

I need to make more of a dent in those balances down though, it’s driving me mad.

I’ll be tracking my spending more tightly over the next few months to see where it’s all going.

I did manage to add another $250 to my travel fund and also my short term goal fund though so that’s cool.

My goal for this month is to finally crack through the $50K barrier, it’s been far too long coming.

Roll on payday.

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  1. Looks like you are doing great! I know how remaining balances can be annoying! I have about $900 left on a credit card and I just want to write one big check and get it over with... that's not in the budget though, as satisfying as it might be!

  2. Don't you hate those (relatively) small amounts that poke you in the eye every time you look at them! Of course, we'd rather it all be teensy amounts, but I hate seeing more than 1 teensy amount. You're doing so well :)

  3. hi there debtdiet,
    great info and article you have here. i just wonder if you could add my blog ( your snowflake blogroll as i want to be a part of the ec community. i will link to your blog as a return. hope to hear from you soon. tq