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So, welcome to Stephsday! I know, I know, not super clever but let’s work with what we’ve got. My brain is not exactly functioning like it normally does.  I don’t think I’ve ever had such conflicting emotions.  On one hand, I’m soooo excited to share with this community and to get some feedback that I know will be helpful.  On the other hand, there’s a voice in my head that wants to know, “WHAT ARE YOU DOING!? ARE YOU CRAZY!? YOU ARE NOT SUPPOSED TO TALK ABOUT YOUR DEBT! NOW GET OUT THERE AND BUY SOMETHING FANCY SO EVERYONE WILL THINK YOU’RE DOING WELL!!!”  Whew. Ok, well secret is out ya’ll. I’m a crazy nut with debt.  Wanna talk numbers? Yeah, I was afraid of that.  Let’s do this.

  1. Credit Card #1            $585.09
  2. Credit Card #2            $1,102.68
  3. Credit Card #3            $4,002.66
  4. Car Loan                      $15,810.20
  5. Furniture                     $2,523.39
  6. Store Credit Card       $0 (this started at $635 but I paid it off a week ago, woohoo!)

This is basically the debt we have that does not include our mortgages.  I’ll talk about the houses in a separate post that will go up this afternoon.  Heaven knows they take up their own anxiety filled corner of my mind, might as well take up their own post as well.  We also have a few thousand dollars in medical bills but I’m so confused about that right now.  We have been getting bills that just aren’t making sense and some of them seem to be duplicate charges.  As soon as I get a handle on that number I’ll let ya’ll know.

Well, that wasn’t too bad! I did not hyperventilate and I did not eat a box of Twinkies to get me through telling my dirty debt secrets.  I call that success!  I know this post isn’t super long, and honestly I don’t plan on any of them being that way because I myself have trouble finding time to read wordy posts.  But, if ya’ll would rather more detailed posts please let me know.  Also, I’ve been kicking some ideas around and one thing I think I’d like to do is to post videos periodically. I feel like it’s another good way for ya’ll to really get to know me.  They wouldn’t be me just rambling but would have specific topics. Would that be something ya’ll would like or when you see a video would you tear your hair out and curse my name?  Either way, lemme know!

P.S.  I swear I didn’t hack the BAD site, you can read the post that helped me get the keys to the kingdom (along with three other awesome folks) here.

 

 

The Nuts and Bolts

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So in addition to my debt, the other key factor on this journey is my monthly budget…

PersonalBusiness
Rent1325Phone180
Groceries600Internet60
Utilities350Client Expenditures10
Life Ins50Dropbox10
Auto/Rent Ins150
Piano140
Drums
Guitar150Total Business Costs260
Kids Allowance235
GymnasticsMonthly Variances
Busch Gardens65Car Expenses300
Netflix11Kids Activities100
Tae Kwon DoKids School175
Landscaping60
Total Personal3076Total Variance635

*Where there is no amount on that line item means that I have bartered services for these services. I do work in exchange. I started this four years ago and have since tried to find bartered situations as often as possible, especially for kid activities as they tend to add up quickly.

My required debt payments look like this:

Debt
Student Loans221
Car Payment700
Line of Credit218
Retail Card72
Credit Card108
Total Debt Payment1211

*You’ll notice that not all my debt is listed here. Several of my debtors, for the moment do not require a minimum payments.

So to save you from doing the math, this is what I am currently looking at on a monthly basis:

Summary
Total Personal3811
Total Business Costs260
Total Debt Payment1319
Total Monthly Costs5390