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A month later!

January 8th, 2009 at 12:33 pm

Well that was some kind of crazy holiday madness we went through the last 30 days. I ended up having to go from PA to Chicago on Christmas Day and then down to Orlando through New Year's before coming back up. We got to Universal Studios in Orlando as well before going to relatives of mine on the east coast of Florida (north of West Palm Beach.) For the first time ever we budgeted and cash flowed all our gifts and we actually did really well. With all of this hectic moving and shaking and holiday meals and planning and gifts and decorations and everything we stuck to our guns and incurred NO NEW DEBT! It feels really good to know we have no payments on anything we bought for the holidays. We didn't get as much of a dent in our debt tracker as I would've liked but we are getting a bonus of over $6000 on Monday and a good chunk of that will go to Card 2. I think now that we're out of the most expensive holiday time of the year it's going to be all out war on the last two cards so we can be debt free for Xmas 2009!

Here is an updated tracker. When I last left it we were around $61k and change owed. We were able to nibble at them a bit and since 5/1/08 have knocked out over $51,000 off of the total owed. We feel really good about the prospects of getting out of this for good by the end of 2009. Here goes!

Debt Tracker (01/08/09)
Card 1: $40840.04 (8.99)
Card 2: $17494.31 (8.99)
Total: $58334.35

2 Responses to “A month later!”

  1. merch Says:
    1231421108

    First priority is no new debt. Sometimes we slow down a little to smell the roses and catch our breath.

    Your family is doing a great job. You and your wife should be very proud.

  2. gamecock43 Says:
    1231459468

    I agree- the holidays were a bit mad this year. The recession did not really put a stop to spending; just kind of drove everyone insane looking for bargains.

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