We’re 4 months into the year and I find that unbelievable! There’s been a lot of good things happening in my life lately and I’m so grateful for that.
I mention a big one down below. I’ve decided that any bit of extra income I make (affiliate sales, ads, selling stuff, etc.) will go toward my debt. With the good news I won’t have to worry about saving extra income just to pay bills…now I’ll have a very comfortable amount and my debt will be gone even faster!
I’ll also be able to create a budget now! I think I’ll start adding those to my monthly reports!
DEBT PAYMENT/INCOME SPREADSHEET
*This spreadsheet does not include payments for my car (a lease) or my insurance (life, health, vision, dental)*
CURRENT FICO SCORE: 664
THE GOOD NEWS
My credit score went up ten points
A few weeks ago I got an e-mail from Bank of America saying they are increasing my credit card limit by $3000. This is great news! Not so I can spend more, but this decreased by credit card utilization by 9% which explains the 10 point increase!
My debt decreased
A little over $200 down from last month!
I got a new job…A GOOD ONE
I’m so excited! This position is at a well-known company with a very high reputation. This position also requires my degree, so maybe grad school wasn’t a huge waste after all…
I don’t want to share my exact income because it’s a government company so I’m assuming I could get in trouble for that. However, my income will be increasing by more than double what I get now. So I’ll get out of debt even faster!!! All in all this is a huge change in my life and I’m excited to begin this journey.
THE BAD NEWS
I charged to my credit cards again
I charged a bit to my credit cards. However, I did end up paying it all over before the month ended!
Short and simple this month! I’m excited for what’s to come and I can’t wait for my debt to start dropping by thousands! Happy Spring!
I am SO HAPPY to hear you got a better job, Leila! I have a feeling future debt analyses will look even better. 🙂
Great job fighting the good fight to get those loans gone!
Thank you so much!! They definitely will, my blog income will eventually start increasing as well and I’ll get rid of this debt before I know it!
I appreciate the support 🙂