Welcome to the September 2015 Accountability & Budget Recap post!
BIG NEWS! Okay, I didn’t realize it was big news until I was filling in this month’s spreadsheet to compare our level of debt, but I discovered that since December 2013, we have paid off over half of our debt.
Starting debt (consumer and student loan debt, does not include mortgage) (Dec. 2013): $80,713
What we owe (Sept. 2015): $44,450
What we’ve paid off (Sept. 2015): $44,490
So that would seem to mean that if we stay at the same general rate of repayment, we should be able to knock out the rest of the loan in the next two years! Honestly, I’m hoping it doesn’t take that long…. But this is a milestone, and I’m proud to be able to report it!
In other news, yes, I’m still KonMari-ing, but I haven’t gotten around to completing the posts to put up about it. It’s still awesome, but I’ve lost some steam because I’m scanning pictures! That, my friends, is a huuuuuuuuuuge project, and I’m determined to complete it. Technically, I’m going a bit out of KonMari order, but I need to get those photo albums out of the house in order to finish up my other categories! (Never fear, photo-lovers, I’m not getting rid of the photos, just the albums….)
This post is broken into two sections: Budget and Debt Eradication.
Budget Accountability for September 2015:
- I guess I can say that we didn’t have to pay the lawn-care guys, because they didn’t leave us an invoice the last time they mowed. This may come back to bite us in October, but it did help counterbalance the overspending we did everywhere else…
- It’s nice that we’re not spending at our limit of gas – I like the lower gas prices, folks.
- That fee for $98 was for the Chase Sapphire Preferred card we use to build up points for travel. We had toyed with the idea of getting rid of it after we used it the first year (you know, before we were charged the fee), but I think I like it too much to get rid of it. I just need to remember next time that the fee is coming. I do think we get enough value from the points that it is worthwhile.
- Our Renter’s Insurance went up (ugh) and while it isn’t too much of a difference (just a few dollars a month), it was still a bit of a surprise. The overage is due to the fact that after it went up, the first payment didn’t cover it, so this payment was larger to make up the difference. However, because I had to actually log on to the Renter’s Insurance system, I discovered that we’re actually being charged a fee for paying by the month. Again, not much, but enough that I decided that if we could afford to pay the 12-month lump payment, we should. So as soon as our paychecks appeared in our accounts this morning, I paid off the remaining balance. This means that line item won’t appear on our budget for October, woohoo!
Total Debt Eradication for September 2015: $1,739
- $1443.49 extra payment sent to Loan 1 & Loan 2
September 2015 Net Income: $1,468.65
Snowflaking: $539.38 (all of this went into our Student Loan Debt Eradication Fund – if it was prior to the middle of the month, it became part of the big supplemental payment we made; if it was after the middle of the month, it’s still hanging out in the account to be used in September)
- $52.71 – We used our Chase Rewards points towards some gift cards for Christmas gifts, so I transferred the money we “saved” to our debt!
- $40 – H’s side hustle
- $100 – My mom sent us money for L’s lessons this year, so we used it to pay down debt, of course!
$302.19 – another one of H’s side hustles!
$44.48 – from consigning (all that KonMari-ing is helping!)
- $0 (January)
- $56 (February) – yeah!
- $20 (March) – woot!
- $80.31 (April) – yay!
- $44.20 (May) – whee!
- $20 (June) – woohoo!
- $12.82 (July) – what what!
- $60.35 (August) – wowie zowie! (can you see that I’m running out of imagination on my happy exclamations?)
- $44.48 (September) – good golly!
2015 Consigning total so far: $338.16
2015 Mintly Snowflaking Goal Progress:
- $110.01 (January)
- $929.75 (February)
- $649.58 (March)
- $534.50 (April)
- $289.84 (May)
- $273.91 (June)
- $292.02 (July)
- $430.55 (August)
- $539.38 (September)
2015 Snowflaking total so far: $4,049.54
Life Accomplishments this Month:
- We are almost entirely done with our Christmas shopping. I don’t want to think about the Christmas wrapping, though.
- I’ve started using Swagbucks (<– affiliate link), and I’ve actually managed to earn quite a bit without too much effort. Anyone else using it? I had an account from way long ago, but my friend told me about how she was picking up some extra cash here and there with it, so here I am! I’ve already managed to get about $38 in less than a month, though I don’t plan to cash out until I get to $50.
TL;DR: I kick ass at Christmas planning. Also, we continued to pay down debt, blah blah, so on, and so forth…. 😉