Week 10 – Expense and Debt update

Pretty boring week in terms of Debt Busting. No change to debt stats since last week. I get paid on Wednesday and plan to whack Credit Card #2 with a big fat $500 repayment! That will be my first big repayment from that card. Looking forward to it *rubs hands together with glee*


Total Income 

  •  $0.00

Spending / Expenses:

(Amounts in italics are included in my regular monthly expense budget as listed in this previous post)

  • Monday: $29.30 vitamins / protein shakes, $30.00 phone
  • Tuesday: $0.00
  •  Wednesday: $4.90 coffee, $5.95 card
  • Thursday: $0.00
  • Friday:  $4.20 coffee, $2.00 burger, $10.00 travel
  • Saturday: $25.00 gift, $52.50 groceries for mothers day BBQ
  • Sunday: $0.00

Total Expenses / spend: $163.85


Week 10 Summary

Income $0.00 + bank balance $561.20  = $561.20  – expenses $163.85

$397.35   in bank account


Week 10 debt status

Credit card #1 – $0.00!!!! (Goal to pay off in total by 2nd May 2013 COMPLETED ON TIME!!!!!!!!!!)

Credit card #2 – $4818.05  – includes interest charged for April $82.65 (Goal to pay off in total by 8th August 2013)

Personal loan – $7,229.72 (Goal to pay off in total by 31st October 2013)

Total Debt : $12,047.77

Initial Debt: $14, 744.12

Debt reduced by week 10:  $ 2696.35 (no change from week 9)

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