I just realized that if I increased my monthly debt payment from $900 to $1100 each month, I'd shave off NINE MONTHS of payments.
That's right. Instead of being in debt for the next four years (yep, that's where we are today), I could be out of debt in three years, three months.
Reality check. Do I have an additional $200/ per month to toss at the beast? No.
But I want it. ;)
My accounts have been renamed!
Savings: Canon Rebel Ti1
Chequings: Life and Dog Kibble
RRSP: I Can Has Retirement?
Visa: The Ultimate Evil
Credit Line: Pay This off NOW
I think this will actually help me save for the Canon Rebel kit I want. Target funds: $800. Target date: Well, at the bare minimum, within 22 months. Yeah, it's a slow process, but it's only created out of extra funds, and those don't come my way that often.
Just an update on the total, which is now $38,553.54. This down from $39,293.50.
I am in the $38,000 range as expected, but I only paid $739.96.
A few items came up this month, all of which were optional investments:
1) Cavalia is going to be in Seattle. We missed the show when it was in Vancouver as we didn't have the funds and both regretted it. We bought the Seattle tickets with some of our overtime funds. Kiss $220 goodbye (we did this knowingly and happily).
2) Up next we came across the Star Trek DVDs on sale. Okay, let's be specific here. This box set is the complete series of Star Trek: The Next Generation. Both my husband and I got our nerd on and splurged at $238.49 (down from $488.99).
3) We added "Inception" to the Amazon order for under $5, as well.
What does that mean?
A smaller debt repayment, that's what.
I know debt sucks, but I'm not going to regret any of those items (especially not Cavalia!)
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