Saturday, September 29, 2012

September Financial Update

Since I'm on a blog roll, I thought I would go ahead and get this posted while I'm still ahead.




For the month of September:

     $1444.12 total I paid towards my student loans.

                   $944.12 Minimum Loan Payments
                   $500.00 Snowball Payment 

                   $579.38 Amount to Interest (40.1%)
                   $864.74 Amount to Principal (59.9%)

                   Percentage of Principal Paid (0.73%)



This has been a month of major successes and failures.

Failures:  For starters, this month I paid over $600 in medical, and I still have one bill left to pay.  Ouch.  A month of not having my act together led me to spend over $200 eating out.  It also contributed to me failing to meet my billing goals at work.  And as I confessed in a previous blog post, I was constantly tearing myself down.  

However, a lot of really great things also happened this month.

Successes:   I'm recommitting to my finances.  Daring myself to go Bold.  Turning another year older and another year wiser!  Learning to be kind to myself.  And I made a HUGE financial save.  I canceled a $470 plane ticket and redeemed reward points for a free ticket!  Woohoo!

What's in store for next month?  I'm planning on greatly reducing my medical spending.  Scheduling a very, very long over due dental appointment (not that you need to know...).  I've redesigned my budget to fit my current needs.  I think it can be best described as Austerity Measures. ;)  Although, in regard to my budget I did do something new to me.  I devoted a section of my budget to personal care.  It's money that I plan to use towards my whole well being.  I'm not quite sure how I will use the funds yet, (and I'm sure my needs will always be changing) but I'm finally understanding the importance of caring for my entire self, both inside and out.

If all goes well, I look forward to being able to put down an even bigger snowball payment next month.

xoxo,
Snowball

2 comments:

  1. Ya know, youre doing pretty darn good! A $500 snowball payment after a $600 medical bill. That's fantastic! When your health improves you will pay down your debt so quickly!

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  2. Nice job on the plane ticket. Way to save money creatively!

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