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Posts tagged with: Weekly Debt Update

Weekly Debt Update #8- What I Wish I Could (But Can’t) Do

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I hope everyone is having a great Tuesday!

I want to share with everyone the things I dwell on, but can’t buy/do due to being in debt and on a tight budget. I have a feeling I’m not the only one with this sort of list out there.

1) Home Improvements. I just bought a house back in 2013. While the house is in pretty good shape and the previous owners did a lot of nice upgrades, the house itself is still 100 years old. It would be nice to make it our own, so to speak. We’ve repainted some rooms, but haven’t changed anything up to the extent I would like. Whenever we clean up the house, I imagine the things we could do- move a wall here, upgrade the flooring in here, add shelves here, but I’m afraid that as long as I have student loans to pay, all these are going on the back burner for now.

2) New clothes. I haven’t bought clothes for myself in at least a year, which I bought a couple pairs of paints, shirts and shoes for work. Besides this one time, I haven’t bought clothes in at least 2 years, if not longer. The old saying “is dress for the job you want, not the one you have” and I certainly do wish I could live by this saying. The clothes I have work ok in our business casual office, but I know if I could do better if I have the funds to do so.

3) Trips. I’m not talking about trips to Europe or cruises or vacations to Disneyland or anything like that, but weekend trips to visit friends and family scattered around the county. One of my best friends lives in North Carolina and I haven’t visited him now in a couple years. Another good friend of mine lives in Ohio and just had a child. I would love to visit him more often than I do. And of course my immediate family lives in Buffalo, so thankfully I’m able to visit them once a month or so, except for my sis who lives in Orlando.

4) Girlfriend. My GF asked me what I was going to write about today and I told her I was going to post my wish list of things I wish I could buy/do but can’t. This of course lead to her asking me what’s on my list, so I gave her this run down and finished with being able to get you better gifts and surprising you every so often with things that you love. Being the amazing, down to Earth girl she is, she told me the gifts I give her and the time we spend together is all she needs. This didn’t stop my guilt. I still wish I could surprise her with flowers or cups of tea from Tim Hortons or grapes tomatoes- just little things that add up, especially considering I’m only on a $70 a week budget for groceries and gas.

Here we are on one of our budget friendly drives to a very cute ski resort in our area, where we took a hike on the golf course:

IMG_1232

I thought this would be the perfect post to transition into next week’s post- my future (AKA post-debt) plans, because I would love to add budget lines for all these items eventually.

And speaking of future plans- shout out to Angie, Rachel and Joe for their input  on last week’s post in pointing me in the right direction retirement wise. I spoke with our company’s human resource manager and our next available dates to get back into the company 401K is May 1st and August 1st. I’m still hesitant to get back in on May 1st since I’m on a debt payoff roll, but I’ll definitely be back in come August.

Lastly, here’s my debt totals as of last Thursday:

Loan NameInterest RateOriginal Balance- May '09Current BalanceTotal Paid Off
Sallie Mae 015.25$27,837.24$24,357.79$3,479.45
Sallie Mae 024.75$22,197.02$19,107.77$3,089.25
Sallie Mae 037.75$20,692.10$0.00
$20,692.10
Sallie Mae 045.75$10,350.18$7,652.04$2,698.14
Sallie Mae 055.25$6,096.03$4,661.94$1,434.09
Sallie Mae 06 and 074.75$6,415.09$0.00$6,415.09
Sallie Mae- DOE 015.25$5,000.00$0.00$5,000.00
Sallie Mae- DOE 025.25$3,000.00$0.00$3,000.00
AES6.8$9,000.00$0.00$9,000.00
TOTALS$110,587.66$55,779.54$54,808.12

I won’t bore anyone with my budget this week- I’ll save that snooze fest for next week’s post. Have a great week!


Weekly Update #4- Orlando Trip

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Hey everybody!

I’m back from my visit with my sister and my nephew. I couldn’t be more stoked that I went. An amazing trip. I got to Orlando on Wednesday night/ Thursday morning at 12:30AM (just barely, though. I made my connecting flight by the skin of my teeth. 2 minutes later and they would have taken off without me.) Since my sis and her fiance are both Cast Members at Walt Disney World, we spent all of Thursday at Magic Kingdom with the baby. Friday was spent hanging out with my sister and other family that was visiting, while her fiance worked. Saturday was spent at Epcot and Animal Kingdom and I left very early Sunday morning.

Here’s a picture of me and baby on my favorite ride, Living with the Land, in Epcot:

Disney Pic

 

He was so amazing and seemed to love the rides we took him on (if sleeping on them means loving them, lol). The only ride he didn’t like was Haunted Mansion, which he just screamed and screamed and screamed on.

OK, so for the financial aspect of my journey, I had budgeted $200.00 (above the $70 I normally carry in cash) for the trip, but it ended up tallying $280.00, give or take. I took it all in cash and had too much change left over to count, I just threw it all in my change jar. I would have been pretty close if I had accounted for the $25 in baggage fees each way for my checked bag. Oh well, I’ll know better next time. The remaining $230.00 was spent mainly on food. I bought dinner on Wednesday (McDonald’s) when I arrived, snacks throughout Magic Kingdom on Thursday, dinner at Sweet Tomatoes Thursday night, dinner at Downtown Disney on Friday night and snacks throughout the day on Saturday. Given the fact we ate so much in Disney, the damage could have been much worse, but my sis gets a pretty nice Cast Member discount that could be used at each stop.

So, here’s what my budget looks like for February:

Weekly Update #4

I have yet to return the juicer (ugh), but I’ve vowed to do that sometime this week, hopefully as early as tonight. But thankfully, even though I spent a majority of week in Florida, I was still able to pay $497.85 on my student loans, which brings the tallies to:

Loan NameInterest RateOriginal Balance- May '09Current BalanceTotal Paid Off
Sallie Mae 015.25$27,837.24$24,462.48$3,374.76
Sallie Mae 024.75$22,197.02$19,189.15$3,007.87
Sallie Mae 037.75$20,692.10$655.99$20,036.11
Sallie Mae 045.75$10,350.18$7,723.61$2,226.57
Sallie Mae 055.25$6,096.03$5,356.99$739.04
Sallie Mae 06 & 074.75$6,415.09$0.00$6,415.09
Sallie Mae- DOE 015.25$5,000.00$0.00$5,000.00
Sallie Mae- DOE 025.25$3,000.00$0.00$3,000.00
AES6.8$9,000.00$0.00$9,000.00
TOTALS$110,587.66$57,338.22$53,249.44

My current slush fund balance didn’t change from the previous post:

Slush Fund= $2,577.57

For the following week, with V-day (Saturday) and my birthday (Sunday) coming up we have some plans for the weekend, but nothing that will cost a significant amount. I have some money budgeted and a pretty good plan for my V-day gift, but I can’t reveal how much and what I’m buying until next week (my GF reads this too, lol). How is everyone else going to spend their Valentine’s Day? Do you treat it like a holiday to celebrate your spouse, or do you see it as a “Hallmark Holiday”? Let me know in the comments! I know couples that do both. Some see it as a nice day to enjoy time together, and others just see it as another day.


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