Debt as of July 18, 2014
Student Loan- $0
Student Line of Credit- $9,258.84
As I was adding up the numbers for this month’s debt update I discovered something shocking. From November 2013 to July 2014 I have only managed to pay off $3128.13. Yep. That’s an average of $347.57 per month. Come on girl, time to give your head a shake and get your ass in gear! My Blogiversary is quickly approaching and I was really hoping to see more progress than that.
The catch is that the budget does not account for the interest I’ll have to pay or add up to the $4000. That’s where side hustle will have to come in! I’m going to install a countdown over on the side to countdown to my Blogiversary and $4000 paid. I’m still a bit discouraged by the look of only $4000 but I guess this is the (second) wake up call I needed.
I thought I’d also give you all an update on my 52 weeks of savings progress. Currently I’m sitting at $734.85 over halfway to my goal of $1400 and right on track! *Spoiler Alert* Hockey registration is usually $400 and might have to get paid out of this account early if I don’t get my shit together. I’m hoping I can make enough at my second job to cover this though. I also haven’t budgeted in the $150 for a cottage rental for the Labour Day weekend. A lady at my second job has graciously allowed me to rent her beachfront cottage on Prince Edward Island for the long weekend and I can’t wait! I’m excited to have scored such a sweet deal. I also like the idea of having a full kitchen in the cottage so BF and I can cook our own meals instead of having to eat out for each meal.
How are you guys measuring up to your yearly goals? How do you make your budget- are you an excel expert, post-it note perfectionist, legal pad legend?