It's been a while... I guess I haven't been in the mood to blog, but I have enjoyed reading your updates and commenting.
Today marks the 3 month mark for my credit card debt reduction plan. My 12 month goal is to reduce my cc debt by 15%. I'm pleased to say that after 3 months, I have lowered my cc debt by 5.2%! That puts me on pace to reach 20.8% for the year. That would be great... but, more good news...
I'm getting my pay reduction back starting next week! That's great news. The really great news is that I've gotten used to the lower salary over the past year, and have made a lot of changes to lower my expenses (lower cell phone plan, lowered cable plan, got a different car with a lower payment) So.. those things combined, I should now be able to contribute even more to my plan! I'm thinking 25-30% or more may be more realistic.
Hmm... that's a good feeling. I better not get too far ahead of myself though.
How are you coming along with your goals?
Every time I got a rase in income I put 1/2 in saveings and 1/2 to use as needed. Worked well for me. dad
ReplyDeleteWow Brad! That's awesome- Keep up the good work! I would agree with dad- put some in savings and extra towards bills or whatever.
ReplyDeleteDad- how come you never comment on my blogs?!
I had a goal of working out everyday, which flopped at the end of February :( This always happens to me, especially when I'm in school. Now that I'm on break though, I'm going to try to get back into running. My friend Kim will be moving in with me over the summer and she's a workout Nazi- so I'm hoping she'll help keep me motivated.
Brad! WOW! Keep up the great work! When you start to see the number fall, it is so motivating!
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