Week 11! Wow, can’t believe ‘been capturing and posting all my expenses for almost 3 months. I must say this blog has been a highly useful tool when it comes to keeping oneself accountable.
So a few points about my expenses this week. Yes, I won $105.00 from playing the pokies. NO I am not a gambler and I hardly EVER put money in the pokies as it is such a waste. However, I had a few drinks with just my youngest brother on Friday eve, which was nice but he does like to play the pokies, so I put some money in too, and, surprisingly, won. Anyhoos debt busting friends, that was a rarity and I certainly do not endorse gambling as a viable way to ‘earn’ money!
Secondly, I also spent quite a bit on vitamins and protein drinks this week. I am closing in on the last 1.5 months of training for the marathon and must ensure, at whatever cost, my body is healthy and receiving all the stuff it needs to stay energized and complete the training required so I can run my best race on the day.
Lastly, I will be following the advice of my fellow blogger Healthful Saver and giving myself $15 per week for coffees, which equates roughly to 3 coffees. Ive had my 3 for this week 😉 Im sick of fighting myself for something that I do really enjoy – if you haven’t noticed that already! – so a coffee ‘pocket money’ allowance has been given.
oh – and this week I paid off my first ‘over and above the minimum repayment’ for my 2nd credit card. Felt great to whack that balance with a nice big $500 😉
So here are my week 11 stats:
- $1595.00 + $105.00 won
Spending / Expenses:
(Amounts in italics are included in my regular monthly expense budget as listed in this previous post)
- Monday: $10.00 travel
- Tuesday: $40.00 travel, $4.90 coffee, $20.00 groceries
- Wednesday: $2.00 sausage roll, $240.00 board / electricity, $80.00 donation, $500 debt repayment to credit card 2, $120.00 entry fee for marathon, $190.00 flights
- Thursday: $4.20 coffee, $15.00 notepads, $100.00 travel
- Friday: $3.90 coffee, $5.95 maccas, $20.00 pokies, $45.00 drinks
- Saturday: $4.00 coffee, $51.65 vitamins / protein drinks
- Sunday: $0.00
Total Expenses / spend: $1456.60
Week 11 Summary
Income $1595.00 + bank balance $397.35 + won $105.00 = $2097.35 – expenses $1456.60
= $640.75 in bank account
Week 11 debt status
Credit card #1 – $0.00!!!! (Goal to pay off in total by 2nd May 2013 COMPLETED ON TIME!!!!!!!!!!)
Credit card #2 – $4318.05 (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 : $11,547.77
Initial Debt: $14, 744.12
Debt reduced by week 11: $ 3,196.35