So here is the Updated from 12/9/08 Ugly Truth: Car- $16,800 ish Now 14,000 Student Loans- $7,500 still $7180 I have been more focused on my CC's w/ the insane interest!
Credit Cards Younkers 358.00-DONE Same As Cash Plan 800.00 due by June 9th, 2009 (This is my focus)-DONE Overstock (Chase) 1,058.00- DONE Amazon(Chase) 679.00-DONE Best Buy(Mastercard) 241.00-DONE
HSBC NOW 1,118$ Capital1 NOW 448$ Best Buy(Store Card) 2,225.00- NOW 1412$
Total 5,953.00- Now 2,978$
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 82$ (For a few dollars more a month i now have a cheaper DEDUCTIBLE) Electric 20$ (split with roommate) Internet 10$ (split with roommate) Verizon 60$ (my own Plan) Charity 60$ (ON my way up from 10$ a month :)
1295$ CCards 400$ month Total 1695$ month
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:)
BIG NEWS!! I just got paid back from a friend that I thought I would never see the money from so as of TOMORROW Overstock Mastercard will completely WIPED OUT! Which will leave me w/ 3 cc's. WOW....i'm in awe ;)
i did it :) 10 solid NO spend days...i just barely made it. My new plan is next month 12 no spend days. Thanks everyone for the motivation. Also I'm getting a mini windfall of about 500$ I can't decide if I should finish the EFUND or the overstock or I could use part to pre pay my car insurance i've always payed month to month and ended paying more....any other ideas?