My Journey From Debt

Since my last update here, I have quite a bit of money flow through my accounts. In my previous bill paying post I mentioned two outflows that were pending but the action had yet to be taken. My rent payment was dropped off/made a couple of days after that post and as I mentioned, a credit card payment was scheduled to come out of my account and that did happen.

In other expenses, I spent $33.62 to repair a broken window and $39.30 to purchase a case of oil. I used a portion of the oil in changing the oil in my vehicle just yesterday and the rest will be used in the future. Also, my calculations indicate that I have spent $115.38 on fuel for my vehicle since my last update here.

Due to it being the start of another semester of school, I was required to spend $663.28 on textbooks. This has put quite a strain on my recent financial situation, but I have borrowed $300.00 from my mother (that I will be paying back ASAP) to help me with that. After these expenditures, the only other things I need to account for are that I have had two automatic transfers of $25.00 each from my checking account into my savings account and took $60.00 out of the ATM.

Ok, enough of the depressing stuff, it’s time now to talk about the money that I have had come in. Total income from both full and part-time work has totaled $1,745.28 and I received an interest payment of $0.02 from the bank.

I don’t think I’ve left anything out and my current account balance is $575.86 that I will be using to pay as many of my bills as possible. I will be looking into that later today and hopefully be writing all the checks tomorrow.