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End of January

January 31st, 2013 at 07:04 pm

Well, here is to the first month of 2013 down! Overall summary of the month. Decent. I spent less on food, due to not eating out. But, I did have extra spending in the household/personal care area due to having to replenish stock. Nope... I did not buy and shampoo/conditioner or body wash. Smile I had to buy the the necessities like toilet paper, laundry detergent, etc. All paid with checking account money, not on the credit card. No new items were charged on my credit card this month so I was able to pay down my credit card some. YAY!

Here are the end of month stats.

Savings #1 - $310
Savings #2 - $328
Money Market - $4,175 (+$50)
Rollover IRA - $1,098
Roth IRA - $8,148

Line of Credit Balance - $5,000 (7.75% interest) - maxed (did a mid-month borrow of $950 to help pay the credit card)
Credit Card - $6,502 (13.24% interest) - (paid $1,269 ***$950 from line of credit)
Student Loan - $7,992 (3.625% interest) *Original Bal $17,500 (June 2007)

Total Debt at the Beginning of the Month = $19,938
Total Debt at the End of the Month = $19,494

Total Debt Payment for January = $444

For February I have set some goals for myself.
#1 Of course pay more of my credit card off. Striving for at least $500. But we shall see because I just started doing my tax return, and it looks like I am going to owe the State of CA around $150 in income tax. Not sure how it ended up that way, maybe because I had 2 jobs at the beginning of 2012. But, I am sitting on my return for now. Since I will probably end up owing, I am probably going to wait until like March to file.
#2 Save at least $100.
#3 Contribute at least $75-100 to my IRA.
#4 Update more often. I have been really bad about this because lately I have also been focused on going to the gym and living a healthier lifestyle overall, which means less computer time and more going out and doing things.

Now that I have the goals, I can rearrange my budge to make it happen!

See everyone in February! Smile

2 Responses to “End of January”

  1. creditcardfree Says:

    Yes! Less debt. I definitely won't fault you for spending more of your time at the gym. It does a body good!!

  2. North Georgia Gal Says:

    Good Job!

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