A Factory Working, College Grad Getting Out of Debt

November 2013 Bill Breakdown

Uhh.. why was this still stuck in draft mode???  OOPS!

We’ve had a few things change the numbers this past month, and I apologize for not keeping you up to date on that as it occurred!  Lots of overtime was offered this past month so I’ve been away from the blog sphere! We’ll change that this month, as I’m determined to get a post out everyday if possible!  As you all know, I paid my rent up to December 2014! Of course, I’ve paid $1100 of that bill so far, but the rest is still on my Chase card.  So that will be a big expense again this month.  But that’s okay!  I’m still doing well, and by paying chunks at a time, it will be gone in no time!

Car loan: $742.70 Now that I’m working at Chrysler, I am eliminating this loan quickly.  So this month is going to be a little different with the amount of $501.00.

Credit Cards: Look who’s left!

  • Solidarity Visa: $2280.00  Minimum payment: $30.00. This month’s payment will be $30.00. 
  • Chase: $2317.96  Minimum payment: $44.00.  This month’s payment will be $544.96. 
  • Pay Pal Bill Me Later: $2,051.02  Minimum payment: $56.00. This month’s payment will be $66.02. 
  • Amazon Store Card: $608.71  Minimum payment: $35.00. This is the card I’m currently eliminating. This month’s payment will be $88.71.  

Total Credit Debt: $7,257.69   Total Payments: $729.69. This is compared to last month’s credit debt of $6,463.28 and total payments of: $281.28, which means my debt went down $220.96.  Mer.. this isn’t a huge dent, but I will admit that I am targeting a couple of other things first (namely the student loans).

Student Loans:

Direct Loan Great Lakes:  $19,036.86  Currently deferred until January. However, I am making a payment this month. 236.86. 

Even though this loan is deferred, I am still gaining interest on the loans.  This payment this month is basically all of the interest that has been gained since I first deferred this student loan when I was unemployed.  As I was still unemployed when I deferred last July, I have a little time to hit the ground running on this debt.

Other anticipated bills this month:

Cellphone service: $50.

Complete Total Debt: $27,037.25.  Total Payments: $1467.55. This is compared to last month’s $26,750.78. debt total and $1056.51 in payments.  That unfortunately means that I increased my debt by $284.47.  Crap!  Do remember that I paid 14 months rent in one payment with the purchase of an island.

Please let it rain!

-DecMeadow

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