I don’t know what our problem is. May was once again a horrible month. In fact, if we hadn’t come in to a small windfall of money I am not sure how we would have made it through the month.
May is a big birthday month for us. We have too many birthdays to celebrate and this year we went a little too far on the amount of money we spent for a couple of them. Plus – we were finishing up helping clear out my grandmother’s house – which lead to some unexpected expenses. I know these sound like excuses …. okay, they are totally excuses; Albeit not very good ones.
In the end … we overspent in May by $1146.52. TERRIBLE!
I starting tracking my debt a little differently. The previous method proved to be too cumbersome to add into my bill pay routine. Somehow – this change shows a loss in the amount of debt that I have paid off. Not really sure how this happened as I haven’t added any charges to any of the cards. Also – this new method doesn’t really give me an accurate picture of a Debt Free date. So – I won’t be reporting that regularly anymore.
On the plus side – I was able to work it out so that, excluding our house, all debt items payments are being covered by just my paycheck. Which means, when I get these items all paid off we will be living on only one paycheck. I know we are a long way off from that making a difference anywhere – but it makes me happy none the less.Original Debt Items: 12 Current Debt Items: 11 Difference: -1 Original Total Amount of Debt: $245,600.78 Current Total Amount of Debt: $236,526.68 Difference: $9074.10 Snowflake Payment Amounts: $0.00