Well, this week saw my savings account getting zapped for service charges (due, I believe, for the balance dropping below $100). As a result, although there was still forward progress made, it still wasn’t as much as I’d hoped.
Initially, our balance in our checking account dropped below $1,000 for the first time since fall of last year. Coupled with the fact that we have no emergency fund in place makes things a bit sticky. However, even with the transfer, we also had some extra income, and it allowed us to get current in all but two categories. I anticipate getting caught up in those by week 1 of July.
Also, my current plan is to see about getting some passive streams of income going. I’m not exactly sure what I’m going to do just yet, but I do know that I’m not happy with the amount of progress being made – I’d like to have an extra $1,000/month to throw against debt, and be done with it in the next 2-3 years.
| Start of the Month: | $4,049 |
| Start of the Week: | 4,017 |
| Now: | 3,988 |
| Total Paid Off This Week: | 29 |
| Total Paid Off: | 61 |
| Goal: | 117 |
| Left to Pay Off for Goal: | 56 |
hey, it's step by step...as long as the number keeps going down, it will eventually get to zero... i was looking into other sources of income.. u can read my post on ehow to see if it's something u'd be interested in.
ReplyDeleteI'm grateful my wife got a job because now I'm being laid off. My severance will last long enough to get to a point where her insurance can start in August. I know the economy is ugly but there's still a lot of stuff out there for IT people like myself, contract work. Some places pay anywhere from $25-65 an hour. At any rate I'm not the type that can tolerate being unemployed so it's not going to be for long.
ReplyDeleteman, Jim, I am really sorry to hear that! I hope you find something quick!
ReplyDelete