My Journey From Debt

Ok, it’s the 7th and I’m finally getting some of my bills paid. I did take care of a couple of things before, but the bulk of it had to wait till now. Since my last post, I was forced to take the remaining $226.07 out of my savings account (so that balance is now at $0.00) in order to make ends meet. I did lose $3.00 last month because that account balance was below $300.00 and that will happen again this month, but I will have $25.00 in there at the end of the week because it will be payday.

Expenditures since my last post include a $104.00 traffic ticket that I got due to icy roads (I couldn’t stop in time, rear-ended the car in front of me, and got a ticket for over-driving road conditions) as well as using my debit card at McDonalds ($6.05) for supper one night. I normally don’t use my card for fast food, but didn’t feel I could afford to take cash out of the ATM and don’t currently have any in my wallet.

Income since my last post amounts to $736.97 from various freelance and part-time income. Also, exciting to post is that Friday is payday from both my actual part-time job as well as my full-time job so that will help me out immensly! Especially because there will be holiday pay as well as hours worked so both should hopefully be a little more than usual.

Anyway, my current account balance is $741.61 as a result of a couple of bills being paid and not yet reported here:

$400.00 - Credit Card 1 - Set monthly payment
$100.00 - Store Credit 2 - Amount Due $10.00

This means it’s time to pay the rest of my bills and then when they start coming in for the next time around we will see how many late fees I manage to rack up:

$50.00 - Cell Phone - Amount Due $49.79
$100.00 - Revolving Credit Account - Amount Due $87.00
$100.00 - Student Loan 1 - Amount Due $54.83
$100.00 - Student Loan 2 - Amount Due $70.71
$100.00 - Internet - Amount Due $87.67
$125.00 - Landline/Cable TV - Amount Due $108.92
$100.00 - Electricity - Amount Due $70.13

This adds up to $675.00 which leave me with a little more than 66 dollars in my checking account. I probably should get some cash so that I have at least a few dollars on me, but I’m going to wait until I make sure I can pay the rest of my bills. I am really hoping that my paychecks along with the money that I already have total more than $600.

I am going to be spending a fairly significant amount of money on vehicle fuel in the next couple of weeks because I have some travelling to do this weekend. Also, I still need to pay rent ($355.00) and have already scheduled with Credit Card 2 that they will be taking $200.00 out of my account on Friday.

I called them after making my previous post and worked that out with them so that I wouldn’t get charged any late fees and also to take care of some issues I had on my current statement.