Week 60 – Update on debt and savings

Hey folks!

I’ve been posting a lot less these days, and there are a couple of reasons for this:

1) I’m working on a new blog! I’m  looking forward to sharing the new blog with the readers of the Debt Breakup. My new blog won’t be anonymous 😉 so I guess you can find out a bit more about me!

2) I’m close to the end of my journey to debt freedom and thing are just rolling along – ie, not a lot of exciting updates to report. I’ve reached my ‘savings ceiling’ in that I have tweaked my budget time and time again – there isn’t much more I can squeeze out of it to pay towards debt or to save. But I’m very pleased with settling into a budgetary rhythm!

A cool thing I did do recently though was sell my stuff at a trash and treasure market 🙂 I’ve recently become a minimalist – something I cover off on my new blog – and letting go of many of my possessions has been the first step on my minimalist journey. I made $205.00 profit from the stall – which I was very pleased with considering most items were priced at $2 – $5!

So, my 60th week of debt repayments. 60 weeks. 

For pretty much the entire last 60 weeks I have made financial decisions based on minimising my debt as a priority. I’ve said no to things, I’ve worn the same wardrobe, I’ve mostly made purchases of needs, not wants. I’ve cut and reduced costs in every part of my life I could. Time and time again I have put debt repayment before my whims, wants and generally fun stuff.

With the light at the end of the tunnel getting brighter and brighter, I can honestly say it has all been worth it so far.

My update for Week 60:

Debt

Credit card 1 – $0.00

Credit card 2 – $0.00

Personal loan: $ 2,542.95  (previous update $3,142.15)

Savings

$650.00 (increased by $200.00)

Buffer funds

$50.00

Starting debt: $14,774.12 

Debt paid to date: $12,231.17

Have a great weekend everyone! My next update will be under $2000!!

Unit then…

Elesha

Advertisements

2 thoughts on “Week 60 – Update on debt and savings

  1. morgaine80 says:

    Wow, you’re so close to the finish line, well done! Looking forward to your new blog and your next adventures 🙂

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Appalachian Trail Girl

A How-To for Hiker Girls

Forks in the Road

the intersection of food and travel

Single Girl's Guide to Becoming Debt Free

And the lessons she's learned along the way!

saving{s} grace blog

a journey to financial freedom through following Jesus

4000 Sundays

Life adventures. Mostly involving travel and ridiculous amounts of caffeine

bad yellow duck

New York. Bath Toys. Etc.

Debt Free Martini

Blogging away my debt in hopes to drink an imaginary debt free martini....and finally become financially fit.

Banishing Loans

Because sometimes a 20-sided die makes more sense than money

Balancing purses and pennies in heels.

... in search of the perfect balance between living frugally and living to the max!

Double Debt Single Woman

a single woman paying off over $140,000 of debt

The Healthful Saver

The Quest for Healthy Savings and a Healthy Lifestyle

Simply Save

Saving money & simplifying life

I Make My Bed

A Walk through a Change in my Finances

Making My Way to Zero

Making my way to zero one day at a time

TML Work Blog

Share financial tips and work

Living Awesome

A Road to Happiness, Success and Fulfillment

Life in the Orchard

A Little Crafting, Cooking, Gardening and Living

Budget Loving Military Wife

Our Journey from Debt to Wealth

%d bloggers like this: