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Archive for the ‘paid’ Category

Well, I was tempted to skip over this update and hope no one noticed.

Darn my honesty.

We went nowhere on debt this month. Why? Shopping Sprees? New TV’s?

Not so much.

Our extra debt payments went to insulating our home and to pay to my brother’s father-in-law (combined with some manual labor) for some desperately needed furniture.

Perhaps the best part of this equation? We have a nearly new fancy mattress. Now, sure, it would be difficult NOT to impress me. Our previous mattress was more than a dozen years old. But for TWO YEARS, I thought I was an insomniac.

Turns out. I’m not. I just needed a new bed.

I would say I’m losing sleep over this update but for the first time since we bought this house, the temperature in our bedroom is over 55 degrees even though it’s 37 outside and our mattress is zzzzzzzzzzz…

My Debt
• Original Debt: $38,495.86
• Added Debt: $1,781.50
• Total Debt: $40,277.36
• Paid: $ 31,662.16
• Remaining: $8,615.20

Broken Down

• Auto Loan 1: $0
• Credit Card: $0
• Student Loan: $8,615.20
• Auto Loan 2: $0
• Vet Loan: $0

OK. Ready? Italy was unexpectedly tough on our finances.

We didn’t expect to have to pay a cover charge for each meal. We didn’t expect the exchange rate to be so poor. And we didn’t expect the high entrance fees to see the sights (and by high, I mean 50 euro – EACH).

The exchange rate surprised us the most. We made the majority of the plans in June – when the exchange rate hit its lowest. We traveled in October… the rate was nearly at its peak for the year.

I budgeted high thinking I would come home with extra money, money I could use to make a large debt payment.

That didn’t happen.

In fact, I had to stop by an ATM three times before returning home.

How bad was the damage? $500 out of our emergency fund. Eek.

Upon returning home, our water heater broke, taking out an additional $300 from the emergency fund plus another $35 for miscellaneous parts.

Add that to the $150 we had to spend on cleaning supplies and replacement curtains thanks to the stupendous house sitter.

Are you following my math?

We have $15 left in our emergency fund.

In the whole scheme of things, if this is the worst of the damage of an international vacation, it’s not bad. I just hate another month of no progress. Minimum payments this month so we can replace our emergency fund fully.

Here are the new numbers:

• Original Debt: $38,495.86
• Added Debt: $1,781.50
• Total Debt: $40,277.36
• Paid: $30,546.19
• Remaining: $9,731.17
•
• Broken Down
• Auto Loan 1: $0
• Credit Card: $0
• Student Loan: $8,781.17
• Auto Loan 2: $0
• Vet Loan: $950.00