Monday, March 15, 2010

Great Weekend!

I was all set to blog about my great weekend that had very little spending. My older brother is going away for work for six months so my entire family was down to farewell him. I was going to blog that I hadn't spent a lot of money because my parents paid for most things.

But I forgot one fairly large expenditure.

I bought the entire family dinner on Friday night. I was glad to do it and it made me feel quite grown up. However, we are a family of six, so it was a bit pricey. But it was a one off and there is not point in having any money if you can't enjoy it and treat the people you love.

I also put another $300 onto my car loan. I am almost under $10 000! Can't wait!


Thursday, March 4, 2010

Extreme Measures

What a busy week!

On Tuesday, I called up to get a pay out figure for my car, which is my only source of debt (I have an investment property, but don't count that as it's jointly held, so if I made extra payments, I'd be disadvantaging myself). I was expecting it to be around the $10 000 mark.

$13 482.

I was devastated. I honestly did not think it would be that much money.

So I have decided to take some extreme measures. I emptied out all of my bank accounts ($2500) and paid that onto the car, which should bring my balance to $10 982.

I am now determined to get rid of that debt by September! And I think it is definitely doable. I already had some commitments this weekend that will be a little pricey, but after those, I am really going to watch my spending. I need food and fuel, that is it. There are plenty of free or very cheap things I can do for entertainment, so I must get on it! Sometimes it will be hard and I'm sure I'll stumble and spend/waste my money, but I am really determined to get rid of this debt!

So begins this journey!