Student Loan August(5.4% interest): $1,856 Student Loan October: $1,472 Been paying it off slower because I have been saving for a trip to Italy that I will be embarking on next week. As long as I keep my travel spending under control, I should be able to knock this baby out in a couple months!!
Oof, my savings has taken a major hit lately because of moving expenses. I'm going to leave that balance off this month and just celebrate that I made progress on my student loans and I don't have a balance on my credit card :) Student Loan June(5.4% interest): $2,337 Student Loan August: $1,856
Ooh this is a good spot for a related WWYD: This spring, my supervisor told me that I would be getting a raise effective July 1st (the beginning of the fiscal year). There was a misunderstanding when it was processed due to the fact that merit raises are given at the end of August, so the raise has not yet been reflected in my paychecks. My supervisor is looking into getting this corrected, but my question is, should I seek to be compensated for the extra amount that the raise would have brought me for the couple of paychecks that have gone out since the raise was supposed to take effect? There's a part of me that believes I should just be grateful that I'm getting the extra money from here on out, but as a lady professional perhaps I have just been conditioned to feel that way. WWYD?
Oh man, I can so relate. Your spending is a lot more reasonable than mine since my beginning-of-the-summer breakup with my live-in boyfriend; mine has included signing up for a marathon, buying plane tickets to a family reunion across the country that I wasn't planning on attending prior to the breakup, buying plane tickets to Italy this fall, putting a deposit down on an apartment that is probably too expensive but I'm still in treat yo self mode, all the drinks at bars with friends, etc etc. RIP savings account :(
@PicNic You are so sweet, thank you for your support of my financial and emotional circumstances :) It's been a tough couple weeks, but I'm beginning to believe that there's a light at the end of the tunnel (and I think buying tickets to Italy will make that light a little brighter)!
@annpan Oh ALSO I just achieved my first positive net worth of my life!! (student loans + car loan < savings + 401K + Roth + 529) YAYYYYYYYY
In the wake of an unexpected and devastating breakup, I'm going to restructure my financial priorities, so this is probably the last good-looking month I'll have in a while. I'm rerouting some of the money I was using to aggressively pay off my loans and taking out much of my savings in order to buy a plane ticket to Italy for this fall - my first trip out of the US! It's impulsive and indulgent and unlike anything I've ever done before, but I'm at a stage in rebuilding my life that investing in myself this way will be really extraordinary. Student Loan May(5.4% interest): $2,866 Student Loan June: $2,337 Savings May: $2,000 Savings June: $2,100
@ThatJenn Painful indeed. I'll take any extra good vibes you've got :)
I just got back from the DMV where I renewed my expired drivers license! One thing accomplished. My additional (massive, depressing) one thing is to crunch some numbers to figure out how to afford living on my own in my sorry post-breakup-with-a-cohabitating-partner state. For once, the DMV was the lesser of two evils.
@annpan Thanks, everybody. I'm returning your internet hugs and sympathetic thoughts with hugs of my own - I am grateful for all the positive energy I can get right now!