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Hope’s Debt Update – End of July, 2020

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As we end the last month of summer, we are tightening our belts again. And heading into a no or at least minimal spend month. Beauty and Gymnast start back to school within the week while Princess’ school has delayed their start date until the end of August.

I’m not sure what is going to be required as far as school supplies go so I’m staying a little flexible on that. Otherwise, we are planning for a typical no spend month…our groceries and household supplies are well stocked, we are as planned as we can be with the unknown of school and COVID-19 around us. I for one am ready to get back into the school routine…especially since I no longer have to drive kids to school on a regular basis!

And I am super excited about my debt update…I have been on it!!!

Creditor
Original Debt
Last Update
Current Balance
Interest
Min. Payment
Student Loan #1$17,000.00$8,993.60$7,460.012.88%$0
Student Loan #2$21,750.03$19,536.55$19,433.432.88%$0
Honda HRV$21,200.00$17,335.27
$17,128.61
3%$250
Total$59,950.03$45,865.42$44,022.05$250
I even paid a bit more toward my student loan than I thought I would be able too. And it feels so good.

Tuition – almost paid!

At the same time, I have been paying a bit here and there towards Princess’ tuition. I only have $400 more to pay and her entire senior year will be paid for. Woot, woot!

I’m still not clear on what “senior” expenses will look like, but I am confident that I have the savings to cover it in my slush fund so will not be including it in my ongoing budget any longer.

Moving Out

Sea Cadet will return from his summer as camp nurse in Virginia in the next couple of days. He still has his part time job here as an EMT for our local county. And anticipates having a full time firefighter/EMT job for the next county over within the month.

The hiring manager was his instructor during his EMT program. And plans to have an in-person interview before finalizing an offer. With that being said, Sea Cadet is planning to move out immediately. He will be moving into a spare bedroom in another firefighter’s home. This has been planned since early in the summer. We are all excited about this big step for him. (And yes, I am a bit relieved that we don’t have to squish one more person into this house.)

With Gymnast staying, the two girls and History Buff and I…let’s just say it’s a bit tight. (But we would make it work if we had too, we are good like that.)

History Buff has moved into the living room, giving up the small single room for Gymnast in anticipation of him moving out as soon as he finds a place/roommate situation. This was decided some time ago, if Gymnast was to return, and I didn’t want a big upheaval once school started.


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