Thursday, August 20, 2009

Flash Back to Post Number 1

Okay so I stumbled upon my premiere post Dec.9th, 2008 and have decided to update it a bit. Sorry if this is confusing!

So here is the Updated Ugly Truth:
Car- $16,800 ish Now 14,500
Student Loans- $7,500 Now $7188 I have been more focused on my CC's w/ the insane interest!

Credit Cards
Best Buy(Store Card) 2,225.00- Now 1444$
Same As Cash Plan 800.00 due by June 9th, 2009 (This is my focus)-DONE
Overstock (Chase) 1,058.00- Now 940$
Amazon(Chase) 679.00-DONE
HSBC still 918.00
Younkers 358.00-DONE
Best Buy(Mastercard) 241.00-DONE
Capital1 474.00- Now 378$
Total 5,953.00- Now 3,680$


OLD Monthly Expenses include the Following:
Rent 463$ (Includes Cable)
Car 380$ (YES this is a huge burden but a necessary evil)
Food 80$ (I go home frequently to my parents and they give me groceries)
Gas 100$ (Lately with the low prices before it was around 150$)
Student Loan 100$
Car Insurance 86$
Electric 20$ (split with roommate)
Internet 18$ (split with roommate)
Verizon 60$ (family plan trying to get on my own plan soon)
Charity 30$ (ON my way up from 10$ a month :)

1,337$
CCards 300$ month
Total 1,637$ month


UPDATED Monthly Expenses include the Following:

Rent 458$ (Includes Cable)
Car 380$ (YES this is a huge burden but a necessary evil)
Food 100$ (I go home frequently to my parents and they give me groceries)
Gas 100$ (Lately with the low prices before it was around 150$)
Student Loan 25$ (The loans are in deferment I'm taking classes)
Car Insurance 90$ (For a few dollars more a month i now have a cheaper DEDUCTIBLE)
Electric 20$ (split with roommate)
Internet 18$ (split with roommate)
Verizon 60$ (my own Plan)
Charity 50$ (ON my way up from 10$ a month :)

1,301$
CCards 400$ month
Total 1701$ month

My OLD Plan is:
Same as Cash Plan
Pay off- Younkers and Best Buy Mastercard with Tax Refund
Take out the HSBC card it has the highest Interest
Then the Chase's
Then Cap1
Then Finish My Car:)

My NEW Plan is:
OVERSTOCK OUT!
Best Buy Card
Then Cap1
Take out the HSBC card it has the LOWEST Interest currently!
By JUNE 2010

Then Finish My Car:)

2 comments:

Serendipity said...

You've made some amazing progress. Congatulations. :)

HighClassLowIncome said...

Awesome progress! Its great to touch bases and see how far we've come, keep up the good work!