Debt Reduction is Going out the Window for a While

I pretty much gave up with getting our repair to our house done because winter is basically here and no one was returning my calls. I decided that the money would be great to go towards the first two months of our health insurance since we are playing with borrowed time not having coverage.

The phone rang today, and it was the handiman calling. He wanted to know if I still wanted the repair done. Since the other option I had was to rig the repair and hope for the best, of I said yes. But – I no longer have the money set aside for the repair so now we are in a pickle. The repair will run $900.

I haven’t run all of the numbers yet, but I’m pretty sure we can come up with the extra money. It is going to be rough, and I have a feeling we may have to use the credit cards just to get through Christmas. I’m not 100% on that yet, so there is still hope. There’s also hope for some sort of a bonus which would be a checkbook saver right now.

Anyways, time to crunch some numbers…

Posted by Tricia on November 21, 2006 at 8:11 PM in Debt Updates, General Debt | 7 Comments »
You can leave a response or trackback from your site.

Newer Posts Older Posts

Joane responded:
Posted: November 22nd, 2006 at 8:52 am
Don’t get discouraged. It’s a minor, but necessary, blip. Keep patting yourself on the back – you are doing just fine. And, if you must think of this in financial terms – remember, you are taking care of your biggest asset – your home.
D responded:
Posted: November 22nd, 2006 at 9:52 am
Your doing great, this is just life. You are still moving forward, don’t believe me? Look at your own front page….what was your debt earlier this year?????

The best thing is this is one less worry and stress to deal with. All at the same time keeping your family safe and sound. Seems to me it is worth the cost.

Happy Thanksgiving!
eva responded:
Posted: November 22nd, 2006 at 10:52 am
It’s just a blip on the radar screen. You’ve got a plan and you’re motivated to push forward, so don’t worry. “Stuff” happens.
Jen responded:
Posted: November 22nd, 2006 at 12:12 pm
I agree with the others.. This stuff happens! And I can’t remember if you ever said what the repair is, but the $900 spent now could very well save you a lot more in the future.

As for Christmas money… Maybe you and your husband could agree on getting each other very inexpensive gifts to make room in the budget for your son’s presents?

Also, I met a woman a few weeks ago who does something neat with her friends for Christmas. They get together for a meal, and the rule on gift giving is each gift has to be $1 or less! I thought it was great idea. After all, the most important thing was they got to spend time together. And it was fun to see how each person stayed under the spending limit. That might be an idea to consider…
Golbguru responded:
Posted: November 22nd, 2006 at 1:23 pm
That is “ouch” , but the way you are going you will certainly work your way out of it soon. Good luck and take it easy.
Matt responded:
Posted: November 22nd, 2006 at 2:55 pm
We all encounter these from time to time; my car did the same thing to me a little while back costing me $1000 that I wasn’t expecting. I’ve manage to wiggle around it but I ended up having to use my credit cards. Sometimes there’s nothing that can be done about it.
Mandi responded:
Posted: November 28th, 2006 at 11:21 pm
H&R Block is doing this thing new this year. Up to $1500.00 of your income tax can be taken out on a loan. You take your check stubs up and they do a “estimate” of your tax return and approve you for up to $1500. You pay it back by February 19 with the tone of 36 APR%. As that sounds like $540, it only worked out to be about $150.

The hardest part was chasing my newly walking 11 month old.

Personally I didn’t like the idea even though it wasn’t bad. Having just recently lost our income, we needed something over the holidays, and a reliable vehicle. So yeah, it helped. We just got our check today.