I was going through my bills, and I found that I have been underpaying the electric bill. As a result, I have to come up with an additional $90 this week to bring it up to date. That results in me being about $40 over this weeks budget. Still though, I am trusting God and believe I will be able to pull it off. Although, I am in part counting on an annual dividend check, that I really don't know when it will come. The same check, I am expecting to use to nearly wipe out my AmeriFirst (home improvement) loan. I am still eager, and hopeful that I will be able to get rid of that loan by May 1, although this newest realization, may damper that a bit.
While, I am still struggling, it would seem that I can actually see the light. This debt will be gone soon, and I am so freaking eager to see it happen this month. Although, if it doesn't happen this month, it will happen next month. Then I can turn my focus on that annoying Fingerhut,which is the debt that is my albatross.
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go ahead share your thoughts with me now.
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Isn't it weird how excited you get when you start pulling out of a debt hole? I'm with you here - I got smacked with a $75 late fee on my rent because the payment site was down, and they refused to credit it back to me.
ReplyDeleteAs a result? I have $95 until payday - thankfully, that's only until Friday. The bad part is that I'm pretty sure I just contracted strep, which means doctor's visit and antibiotics. Woo!
Thankfully, I'm finally struggling up to a point where money has a normal flow again. I'm glad to see you getting there, too.
I wish I could have $95 left after paying my weekly bills. Oh well one day, I won't owe the $100/week car payment and that money can be going to savings, food, clothes and blow (mad) money.
ReplyDeleteI love your trust in God. He will bless you for your desire to live His way and get out of debt.
ReplyDeleteI know, I have no spending money and am trying to increase my food money as well. Yesterday I had to spend $60 on unexpected medicine and today I had two drop off kids (in my in home daycare) so I made $65 not expected (which pays my tithe and for yesterdays meds.) Yeah!
I still have to come up with $120 extra by the end of the month, but I am sure I will figure something out.
I enjoy reading your blog. I hope you get out of debt this year! -Becky
Thank you Becky. I appreciate your comments and your readership.
ReplyDeleteIt is so awesome and mind blowing to see how God provides in so many unexpected ways.
Hi! I wanted to let you know yesterday I went to a we buy gold store and sold two broken pieces I had. The price of gold is really high right now, if you have anything you shoud sell it now. I made $30 for a broken chain and braclet that have been sitting in my drawer for 5 years. I needed gas money as I forgot gas in my budget this week. God is so good!
ReplyDeleteWhere is your emergency fund? If you don't have one start one, I created an account at Etrade and I will be adding little bits of money to it in the next few months.
ReplyDeleteYou claim to be a follower of Dave Ramsey's thinking, but your actions show differently. If you've read any of his books, or listened to his show, you know that step #1 is gather a mini emergency fund.....your's has been at $100 for EVER. I have read you for a year and have not seen you build an emergency fund or pay off any significant debt.
ReplyDeleteAnonymous -
ReplyDeletethank you for your comments. You say you have been reading for a year. Yet you missed the various posts where I was excited to see a $1,000 credit card debt get eliminated. Now as of Tuesday night (at 10:40 pm CT)my $1,000 home improvement loan (with AmeriFirst) is down to $725. As soon they post the newest payment, that debt will be down to somewhere around $400. In addition, readers of my blog watched me pay down and eliminate a $500 debt for insulation. In the 2 years since starting this blog, I have paid off almost 50% of my debt. I expect to pay off the other 50% in the next year.
as for my emergency fund that you and HS wisely mentioned, every time I get it close to $1,000, I sweep the money into debt elimination. That is how I am getting these debts paid off. Of course, I have some repairs that are being neglected because I am in the debt elimination mode. I have made no secret that while I follow Dave Ramsey, my debt elimination process is somewhat a hybrid of Dave Ramsey, John Cummuta and Larry Wingett all rolled into one. They all teach basically the same thing, although Ramsey teaches building the EF 1st (which I try, but desperately want to get out of debt) and Cummuta teaches payoff the debt then build the emergency fund. I hope this explains what is going on, if you have any other questions or suggestions, feel free to ask (or comment).