Payoff: Month 7

June:

cc 1,2,3,4: 0
cc5: 1702.95

Loan 1: 3960.03
Loan 2: 10413.44
Loan 3: 11271.30

Debt: 27347.72
Paid: 2941.27

July

cc 1,2,3,4,5: 0

Loan 1: 1961.64
Loan 2: 10111.85
Loan 3: 11171.67

Debt:23245.16
Paid: 2399.61

Total Paid: 20662.72

Yay no credit cards!! My husband made the comment when he got his statement that he didn't think he had ever seen a 0 interest amount on a statement. We also crossed the $20,000 debt paid mark and are a couple thousand from the halfway mark. On the one hand, that makes it feel much more doable, but it still seems really daunting. Is it possible that the first half is easier than the second half? Maybe because the two debts left are so large and we aren't going to see as fast results. The little loan will be paid off in a couple of weeks. I think I have recommitted to paying the student loan before my dad, which means we won't see another payoff til February, at the earliest. I also readjusted the amount due to my dad to reflect this change.

July Budget

Happy 4th!

Income: Standard

Fixed Expenses:

My husband's life insurance is due this month. I think that is the only unusual item here.

Debt:

We have paid off all the credit cards at this point, though some bills are still being charged to the last credit card. For now, We will just continue to pay off that card, but not use it otherwise. We are now working on the little student loan, which should be paid off in August.

Variable:

The main change here is that I upped our discretionary spending. As I have said before, after months of no fun spending and not getting items we want I feel we can finally loosen up now that the credit cards are paid off. Unfortunately, because the high insurance bills are due this month, it meant some of the funds had to be lowered as well.

A note on the June cash jars:

We spent everything this month, and then some. We have very few receipts to show for it. I am not even going to bother with this this month. We had $1 left over, which I am just throwing in for this month. Every month I say we are going to be better about this, and then things get crazy, life happens and we just aren't, and I end up pulling my hair out at the end of the month.