Wednesday, September 2, 2009

A New Month

September ushered in, seeing several new medical bills come in, as well as the slide into over $12,000 again in credit card debt.  I am determined not to let the credit card debt pass the car debt we have, which means that I’ll need to make at least $340 worth of payments against credit cards over and above the interest charges to stay ahead.  Is it doable?  Possibly.  The medical debt is now made up of 7 bills, and so far, only one of those bills has a monthly obligation.

I am really hoping to send a few dollars in on the medical debt, but put the bulk of my debt reduction against the credit cards.  Once the credit cards are dealt with, then we can begin the process of paying off the medical debts.

It is a very long road we have begun to travel on, and we started our journey at a time when, for many people, drastic measures are required just to keep afloat.

I have begun the process of rebuilding our emergency fund, and am very slowly but surely making progress there.  We are within just a few dollars of getting to 25% of our $1,000 goal.

Hopefully, this month will see us better off than the past two have, at least in regard to everything except medical debt.

We’ll see, I guess.


  1. I hope your wife and baby are doing well, and that you are able to enjoy the new addition to your family in spite of the additional financial stresses you're facing.

  2. I am in agreement with you pay mostly on the credit cards debt since there is no urgency on the medical bills.

  3. I agree, it is a financial marathon trying to get out of debt. But you are making the right decisions.

    Keep up the good work,

  4. Keep going, it may seem daunting now but you've made the first step to DEBT FREE. You will get there!