Do you play that "if I had extra money I'd put it towards x, y, and z" game? I do, and it seems that no matter how long I play it, my answer is always the same: debt, debt, debt, and more debt. This, however, is not the truth of the situation. We had three paycheques each last month, and my husband worked a stupid amount of required overtime, so we ended up sitting pretty atop a slowly swindling mound of debt.
We ended last month with $45,616.06 in debt. The Debt Beast had chugged back more of our money and increased its girth. I was pitching fits even as I understood the reasons behind the increase (namely, Homer's incident).
Here is where we stand with debt at the beginning of the month:
National Student Loan: $23,966.71
BC Student Loan: $5975.36
Credit Line: $2470
Mohela Student Loan: $2575
401K Loan: $725
Our new debt total is $42,680.06.
Notice a line missing? We paid off the Credit Line in the States! :) Actually, no matter how we look at it, June rocked. We managed to get a ton down on debt (take that smack of $2936!) and acquired other items, like a 100% paid in cash up front trip to Disney World in September with family, my Halloween costume, a replacement keyboard for my husband's computer, a replacement food processor bowl (we can't live without my magical food processor), and a few other items that had been waiting in the wings.
Pretty damn awesome.
Squirrel and Nest offers one-on-one and small group financial counseling services that aim to give individuals the knowledge and independence they need to get their financial lives in great shape.