HELLO ONE YEAR!
That’s right, it is now a year since I posted my first bill breakdown. We’ll do a comparison later, but let’s get the business part out of the way first shall we?
Car loan: $1,239.02 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: $2310.00 Minimum payment: $30.00. This month’s payment will be $30.00.
- Chase: $1265.37 Minimum payment: $27.00. This month’s payment will be $27.37.
- Pay Pal Bill Me Later: $2,011.16 Minimum payment: $54.00. This month’s payment will be $61.16.
- Amazon Store Card: $655.79 Minimum payment: $35.00. This is the card I’m currently eliminating. This month’s payment will be $85.79.
Total Credit Debt: $6,242.32 Total Payments: $204.32. 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).
Direct Loan Great Lakes: $19,269.44 Currently deferred until January. However, I am making a payment this month. 268.64
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:
Renewal of License Plates: $82.55.
Complete Total Debt: $26,750.78. Total Payments: $1056.51. This is compared to last month’s $27,334.56. debt total and $1058.56 in payments. That means in total I have decreased my overall debt by $583.78! And HOLY CRAP that’s a lot of money put down in payments this month! Aiyeee!
Please let it rain!
October 14, 2013 | Categories: Bill Breakdowns, Budgetting | Tags: bill breakdown, bills, budget, budgeting for the month, car payment, credit card debt, decreasing one's debt, destroying debt, monthly budget, October, october 2013, october 2013 bill breakdown, paying bills, paying down debt, small decrease in debt, student loans | Leave a comment