@Tripleoxer Exactly. If you spend a few months on a tight budget you can bring those savings back up to a decent level. Hopefully your student loans have low interest and you can focus on rebuilding your savings.
Through an unfortunate combination of circumstances and the fact that I am determined to pay off my credit card by December, I will be on a tight budget for the next 3.5 weeks so my goal is to make this a no-spend weekend. Tonight I'm having a spa night in my apartment and watching Gossip Girl on Netflix: Free Tomorrow I will go to the gym, then BF agreed to pay for groceries and we are going to surprise a friend with some lasagna bc she's been totally snowed in with work lately 7 days a week and we havent seen her in ages. Since bf is buying the food, this will also be free. Sunday I have no plans, but I'd most like to get some reading done. The goal is also to spend nothing. We'll see! If I can keep it under 10 € I'll be pleased.
@Tripleoxer Congrats!!! A credit card and a student loan is huge!
Okay here we go! Last month I paid off 2 cards and closed one (yay!), so the goal now is to pay off the third by the end of November/beginning of December w/ my next paycheck. Then I will get my Xmas bonus (no clue what to even expect there because I started a new job in August), and I'll take it from there, but the goals for 2015 are: 1. pay back BF the 1000+ I owe him 2. pay off smallest student loan ($1,596.80 @ 3.75% interest) 3. pay off last credit card ($3,642.99 @ 0% interest) 4. get student loan 2 back down to LESS THAN the original amount (grrrrr) Card 1 (22% APR) Previous balance: $787.32 Current balance: $726.54 This month's payment = 400.00 Card 2 (0% APR) Current balance: $3,642.99 This card got everything transferred onto it and also took over all my regular stuff (iTunes, NYtimes, etc) Student loan 1 (3.75%) Previous balance: $1727.47 Current balance: $1596.80 Student loan 2 (6.25%) Previous balance: $10,501.17 Current balance: $10,407.84 Student loan 3 (5.625%) Previous balance: $30,463.96 Current balance: $30,417.88
@steponitvelma You can do it! Start small! Once things get a bit more manageable you can start with paying off the higher interest, which I find has more immediately noticeable results. You got this!
@andnowlights CONGRATS!!! That is amazing and is going to feel SO good!
Now that I work from home my options are more limited bc most places in my area are only open for dinner, but at my old office there was an amazing soup/salad place. Everything was 5€, and it was a nice 15 minute walk away. I ate there at least 3x a week.
@LookUponMyWorks soooo good. The only problem is that I'm on a diet so I had to skip the fries (and I actually split the sausage with my BF, which is extra sad haha).
Friday night I got in the tub and realized there was no way I was going to the supermarket. Luckily BF bought indian food (free), and we watched Halloween movies on the couch. Saturday I went to the gym and bought a bottle of water (1,50€), then bought groceries (20€), then came home and we cleaned the apartment. That was only supposed to be an hour-long quick clean up but it turned into like 2.5 hours, so then I just cooked chili and we drank some beer we had in the house. Sunday I made breakfast and we went to a museum - we wanted to see three exhibitions and it ended up costing like 36€ for the two of us! That's with a student discount. Anyway I covered BF's share to pay him back for dinner, then after the museum we got a little snack (mm currywurst - 5€ including a roll and a soda), then came home, ate the rest of the chili and I baked some muffins for breakfast this week. Awesome weekend. I budgeted 35€ but the museum put me way over. Total: Around 65 € Also I am not counting the Taylor Swift CD bc I pre-ordered it like 2 weeks ago but OH MY GOD am I enjoying it today.
@francesfrances I am also doing it with one job and the avalanche method. The biggest change for me was that the avalanche method helped to increase my credit score so that I could get a card with 0% APR for 18 months and a large enough limit to transfer all my remaining debt onto it. Now that the card with a 6000 limit and 29.99% interest (I CANT EVEN) is out of the picture (and cut into SO many pieces), my payoff plan is a little different, aka I can pay back my BF the 1000 I owe him even though he's not technically charging interest because the weird guilt I feel is maybe worse than interest?