Skip to main content

Prove them wrong

   The other day someone told me that I could never pay off my credit card debt by myself or in 3 years. My credit card debt goal is 18 months. Which is completely doable if I follow through with all my carefully laid out plans while also saving money for an emergency fund. So I am going to prove them wrong by proving myself right. I am not doing this for them - I am doing this for ME. If you try to do something for someones benefit beside yourself; it will 95% of the time fail. You have to do anything in life for yourself first. 

I sat down looked at a rough estimate of next week's money coming in. I wanted to see a full account of where the money was going. We are able to pay off the first credit card next week! The card is closed but mainly because the stores closed. Toys R Us will be paid off in full next Wednesday. So 1 down many more to go. Next week the cell phone bill comes due which means my last cell phone payment is done and the insurance is done. I will be cancelling the insurance once I pay off the phone. They want more to file a claim to replace the phone then if I would just switch to MetroPCS now. At tax time I will be switching to MetroPCS though. I will pay off my phone in full and have the insurance on it. It will be a pricey phone so I can do everything I need to with it and my apps work.

I called AT&T U-Verse to look at the bill and where we can save money there. By adding a second home phone line (which we will probably never use), we can save $50 a month on the bill before taxes and then after taxes it should still be down about $40 a month. So I told them add that phone line. I wish we could switch to SlingTV; however with my special needs child we really need certain channels and it would just have us right back where we are with AT&T. We are better off staying with them.

I do need to add one thing to the budget which is a co-pay for a specialist doctor so we can save that money for when we actually do need to see a doctor or have a minor surgery. This money will help  for unexpected surgeries or hospital stays as well. 

This week's budget is rough to say the least but we are managing. We will have our big allotment of money on Wednesday to get the monthly bills paid on time. Credit card payments are already scheduled to be paid on Wednesday. I get paid on Thursday. Monthly bills come out of Wednesdays money and weekly bills come out of my paycheck. This month is a bit weird as I started Mid-month on this idea. However, it just means I am ready to go full force in November.

Comments

Popular posts from this blog

Budget Breakdown

So let's go over my budget breakdown. We will cover weekly and monthly items. I cover somethings weekly and my husband covers the monthly items. I am sure that doesn't seem fair, that is how it has been ever since we got married and started getting credit cards and a car payment. The following weekly items will be paid or set aside every week and they are as follows: Personal Loan Babysitter D. Attorney Boys Visit D. Cigs PS4 Diapers D. Cell Phone Doctor Visits T. Life Insurance Vehicle Fuel After doing all the weekly bills we are left with about $75-$105 a week to make it to the next week. Since some of the money is going to savings for bills in the future we will be fine. Plus since the main item we can't really stock up on is milk, that is the one item we will know for sure we have to purchase each week. We are currently purchasing about 3-4 gallons a week and the current price is $1.89 a gallon.  The following monthly items are paid at the end of the m...

Maybe or Maybe not

Ah! Car payment hasn't cleared yet and they don't have it yet. Mailed it on Wednesday. Normally when I mail it on Wednesday it clears my bank by Friday. I'm giving it until Monday to be delivered to them before I stop payment on the check. I was told she made a note that if they get the check Monday to call me and if I don't hear from them by then I will take cash over to make my payment. I am so close to this being paid off that now I feel like the universe is trying to screw me over or try my patience. I will not be kicked down at the start of this or this close to having the vehicle paid off. It will be $25 I did not budget for to stop payment on the check, however I night not have a choice. The waiting game all weekend is going to stink but I got this. I might be kicked at the moment while feeling like I am already failing but I am not down. This week I can move a little money around to cover the cost. I can honestly say though if I had not started this bud...

How did it happen?

    Welcome to my blog about how I am going to get my family out of debt and trying to do that in 3 years time. First a little bit about us - I am a female in my mid-30's, my husband is in his late 50's and between us we have 9 children. His children are grown adults so that is a bit easier and only 2 of my children live with us. My other four are in our lives but not in our home.  So I was thinking I am sure at some point in time most of us have that moment, where we look at our finances and wonder "How did this happen? Where did I go wrong?". We went from no debt to struggling to make ends meat. Well this moment happened for me a year ago. I sat down to make a budget, but that will only work if you follow it. Now here I am a year later and not any closer to being debt free and in fact I have more debt than I did a year ago. My husband just tells me  I support whatever you decide on this dear. I love him for being so sweet. Our monthly income is more than...