Well, as predicted, this week lost most of the momentum gained over the past two weeks. The good news is that our bank balance is back up over $2,000 again, and we were able to drop below $9,000 in credit card debt. Beyond that, we had a balance of $4,581.69 going into the week, and we now have a balance of $4,335.69. That means that we paid off just $246. My wife did get her check in the bank, but not in enough time for this update, but we’ve been spending a lot more in gas (even with the price coming down), and on groceries (medicines, yogurts, etc.), so even though her check was higher than normal, about 2/3 of it had to go to cover the extra expenses we’d incurred, so there really wouldn’t have been much there anyway.
So the reason we got $246 in this week was solely due to my paycheck, but last weeks didn’t hit until last Friday, and this one hit today, so that means that the coming week will be completely from our alternative sources of income.
Month to date, we’ve paid off nearly $1,500, and we’ve managed to keep our payoff rate at higher than the $60/day that is required to pay off the AmEx by the end of the year, but nowhere near the $110/day required to pay both off.
I’ll have to see what my check looks like this week from Walmart (which will only have one week’s pay on it), to see if we are going to be able to really ramp up.