Some Definitions

Mercurial: (adj) having qualities of eloquence, ingenuity, or thievishness...; characterized by rapid and unpredictable changeableness of mood

Scribe: (n) a writer; specifically: journalist

Welcome to Mentally Interesting...

This is my little self-improvement experiment. Here I discuss mental health, weight loss, debt elimination, parenthood, pop culture and generally whatever gets me thinking. Be forewarned, we go for brutal honesty here; however, I do play well with others and so should you.

Money Mondays, ep 9 - Welcome me back!

“Back in the saddle again…”

That’s right, folks. I’m back writing about the horrors of debt and how to get out from under that monster with a deeply personal saga. (I’m all about sagas lately!)

Let’s take a look at our progress over the past 5 months…

First we didn’t have a dime saved at the beginning of this year. When something came up, we were just screwed. Today, we boast a nice $1,000 emergency fund to cushion us from those unseen blows.

Now that we’re on to baby step #2, let’s take a look at our debt snowball:

  • Credit card A: 12/07 = $300; 5/08 = $0
  • Credit card B: 12/07 = $568; 5/08 = $464
  • Credit card C: 12/07 = $936; 5/08 = $873
  • Loan 1: 12/07 = $2,307; 5/08 = $2,154
  • Loan 2: 12/07 = $2,500; 5/08 = $2,254
  • Loan 3: 12/07 = $2,720; 5/08 = $2363
  • Credit Solutions: 12/07 = $3,630; 5/08 = $2,530
  • Student loans: 12/07 = $23,300; 5/08 = $23,300
  • 12/07 total = $35,115; 5/08 total = $31,098
  • In other words, our debt is $4,000 lighter!

    In other areas, I’ve been exploring the Pear Budget, now out of beta and a full-fledged online service! It’s only $3/month and I loved the free Excel version they used to offer, so I’m trying the free trial to see how I like it and will let you know how it works out.

    Yes my welcome-back post is a bit light, but I promise some more interesting items to come. Yea for Money Mondays!

    One Response to “Money Mondays, ep 9 - Welcome me back!”

    1. Carnival of Debt Reduction #141: Enemies of the Doctor - Consumerism Commentary: A Personal Finance Blog Says:

      [...] scribe presents Money Mondays, ep 9 – Welcome me back! posted at Mercurial [...]

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