A Breakdown Comparison: A Year of Progress
Last October, I posted the breakdown of my debt. It was perhaps the most frighteningly personal thing I ever did in my life so far. I honestly am not sure how I still had the gumption to show you all what I was facing. However, I knew I had to be honest to myself of where I was before I could make a game plan.
The following November I quit my job because of the work situation there and started unemployment life. I was unemployed until this August where I (thankfully) started at Chrysler. I’ve been on a strict budget due to my unemployed status, but I feel that the strings can be slightly loosened now that I’m more comfortable in my life with the fact that I’m now getting a life-sustaining paycheck every week.
So after a year, it’s time to see what progress I made. Where I am now in my debt, in comparison where I was then. I’m not anticipating it being a big difference, as I was after all unemployed. So I’m not going to be expecting a huge difference.
To make the comparison a little easier, I’m going to show last October’s numbers in italics, and today’s numbers in bold. So it will look like this: Back then / NOW.
Car loan: $4,564.49. / $1,239.02
- Chase: $2,372.37 / $1265.37
- Pay Pal Bill Me Later: $1,905.10 / $2,011.16
- Best Buy Store Card: $1,173.54 / 0
- Amazon Store Card: $835.25 / $655.79
- DressBarn Store Card: $480.46 / 0
- Capital One: $516.97 / 0
- Best Buy Mastercard: $377.15 / 0
- Solidarity Visa: 0 / $2310.00
Total Credit Debt: $7,660.84 / $6,463.28
ECSI: $650.00 / 0
Direct Loan: $18,862.74 / $19,269.44
Complete Total Debt: $31,738.07 / $27,334.56
Okay, so that means that over the past year, I have decreased my debt by $4,403. That’s not too bad right? Considering that I was unemployed from November to this August right? I feel a little down now because of it.
I guess I’ll just have to get a little more aggressive and make up for the bad fortune of last year.
Please let it rain!