It’s Payday Today
Ξ January 24th, 2008 | → | ∇ Debt Payments |
Today is Payday and I worked some good overtime during the payweek.
After paying my mortgage payment and my insurance premiums and taking out for our living expenses, I actually have money left over. I have a whopping $1488 left over.
So let’s do this.
I transferred $542.00 into my savings account bringing my new balance to ONE THOUSAND DOLLARS!!
My Emergency Fund is now COMPLETE!!
(happy dance)
But what is this???
There is still money left over. In fact, there is still $946 left over. Something is going to get paid off today.
Let’s see. Who looks lucky? I want to put it all on my B of A account, but there is a debt that I have where you have to mail the payment in every month. It’s a major pain, because I usually don’t have stamps around the house, and they have mailed my payment coupon later and later every month until finally it is getting here so late that I only have one or two days to make the payment after I get the coupon. It drives me nuts. So then what are my choices? Let’s get rid of this sucker once and for all.
I’M MAD AS HELL, AND I’M NOT GOING TO TAKE IT ANYMORE!!!
Fry’s Electronics. Wonderful Products. Competitive Prices. Bad Debt.
Balance Owing: $632.71
Today’s Payment: $632.71
New Balance: ZERO! PAID IN FULL! KAPUT!
Goodbye Fry’s. Don’t let the door hit you on the way out.
That leaves me just over $300.00 in cash. Normally I would want to pay on another debt, but Sunday is my son’s birthday. I am going to keep this money out for his birthday. Last year we were paying off debt and the birthday’s were all very small, and I told him that I wasn’t going to spend a lot of money on birthdays, and he was very good about that. But at the time, I promised him that it would just be that one time. And since I promised, I will keep this money out for his birthday.
On another note, my birthday is tomorrow. I will be 29 again. And what do I want for my birthday?
Well, I just got it. I want to have a fully funded Emergency Fund. That’s my birthday gift to myself. $1000.00 in savings. And I got one less credit card, to boot.
That’s the best birthday present I have ever gotten.
on January 24th, 2008 at 8:49 pm
Excellent! Congrats!!
on January 25th, 2008 at 11:10 am
That is great that you were able to put the overtime dollars to good use. Happy Birthday to you and Kenny =) Any plans?
on January 27th, 2008 at 6:07 pm
Congratulations on paying off your Fry’s retail and meeting your emergency fund goal! Now thats one less debt you have to worry about, and you can start smacking BofA with larger payments!