FreeMeN10: $17,168.14 (1/12/10, $17,814.60, NE44) Original APR Last New Monthly Change CC#1 $1,435.07 (28.99%) $1294.54 CC#2 $4,730.87 (29.99%) $3962.26 CL #1 $962.70 (14.9%) $2433.10 CL#2 $10,685.96 (11.9%) $9478.24
This is painful to post. After everything that Murphy took from me in December, I am down a whopping $646.46 for the year. I will say that 2010 taught me to pay more attention to my finances and therefore my debt did not actually INCREASE this year. Now that I am more conscious, I will make more effort to pay things DOWN. I made my first start by actually bringing my lunch to work today. Even if I bring it three times a week, I'll be saving money from last year when I went out every day. Baby steps.....
Post by mom2-4monkeys on Jan 3, 2011 10:37:59 GMT -5
hello All. I was a former lurker on MSN because I could not sign in while at work and I just don't have time at home. I happy to be here now that I can actually post!! Just a little bit about me.. I started my "get out of debt journey" in April of '09 when we maxed all our credit cards, owed about $85,500.00 and had no other choice but to start digging out! I found WIRR at the begining of last year and have been following alone. Many people on her have given me great advice with out even knowing it. THANK YOU. I start my "race' today with at total of $50,835.43. so here it is:
NEW MEMBER: Mom2-4Monkeys $50835.43 1/3/2011 NEU (proboard) 3 (Massachusetts)
Post by mom2-4monkeys on Jan 3, 2011 14:16:33 GMT -5
Talent, Lark, all Talent... No Really, I just copied it from Nasagreen on the South board page 2...This is just a test for a table. Index 5 sma 15 sma 50 sma dji 10530 10468 10278 sp500 1125 1116 1095 compx 2289 2246 2176 ndx 1875 1836 1782
Post by mommy2aiden08 on Jan 3, 2011 15:53:19 GMT -5
Good morning everyone! I hope everyone had a fantastic holiday season! Sometime at the beginning of last month, I said that I would re-start my race, but I think I'm going to keep our cars and my SL in the race. I plan on doing that, probably tomorrow, as soon as I put everything together. It's NOT going to look pretty, I'm NOT happy about it, BUT we did have an almost entirely cash only Christmas, so I can't complain. I also decided that, as a part of our 2011 budget, I will be adding back my gym membership column. Back in early 2010, I canceled our gym membership when we bought our house. As I can physically and emotionally see what the stresses of not working out has done to me and my attitude, this is something I will make adjustments in order to incorporate back into my daily routine. I need to have "that place" to go, to unwind, sweat a whole lot, and not have the excuses of the house to keep me from getting back into shape, and getting me a better attitude. This will start tomorrow, after I meet with my gym director. Hopefully he will give me a decent price, since TECHNICALLY, I could go somewhere else. Either way, I have to get back in shape - I hate feeling tired and cranky all the time.
Post by meltingdebt on Jan 3, 2011 20:15:29 GMT -5
Good for you for starting to take care of yourself! The last few months, I have been completely miserable and started up at the yoga studio again after a very long hiatus. What a difference it has made! I feel like I can handle anything that is thrown my way instead of throwing into the closet, desk, bookshelves, or anywhere else, where I do not have to see it and deal with it for a while.
Yes!!! It wasn't as difficult as I thought it was going to be. I copied the section of Mom's post into a reply and used the preview to see if it was working and made adjustments until I had what I wanted. Now, I have copied this onto a word form where I can update and copy it in the future. ;D
Mommy2: Do it. I absolutely 100% know how you're feeling. I was running 5-10 miles 4-5 times a week from last March until late November. Due to the extreme cold temps and snow we've had I haven't run in 1 month. Sad, sad, Maude. My husband has even noticed that I'm not as "spunky" as I used to be and of the 30lbs (!!!) I lost before our wedding, I've gained 12 back. Sunday it was 42-ish degrees and I went and ran a 5k. OMG I miss it! We belong to a gym - cheap gym - so I just have to go once I get new sneakers. I think re-joining the gym will be great for you and do you wonders. Yay!
I don't have a numbers update yet and nothing is entirely new in our world. My DH hasn't been home much due to a high profile project his boss put him on (this is REALLY great for his career) which is away from home and my son is moving up a belt class in tae kwon do. I plan on taking a long weekend in February and going to St. Thomas/John, USVI where my SIL & BIL live to run a race called 8 tuff miles. Yea, I'm pretty much psycho, but really? what's more fun than running up a mountainess hill (one side of St. John) for 5 miles and running another 3 back down? Right, nothing. I REALLY have to start training for it. In September I'll be doing the Susan G. Koman 3 day BC walk (60 miles) with my bff. We start fundraising this month. At least I have these 2 smaller projects to keep me busy for a while.
I did pay off the fuel card in full and have been able not to use it since that payment. I went over my budget and restructured some payments and things so that I can have $40 a week set aside for gas - I have a feeling that I might need more then this a week in the long run but I am going to see how it goes for now. I have been doing great the past 2 1/2 weeks but I had a lot of vacation days thrown in there so I wont be able to judge the gas I need for a full week until next week. Hopefully it works out where I can cancel that card but right now I am holding onto it just in case.
Raven64 - The website that I used to calculate my new payoff schedule is NFCC (nfcc.org). You go to Financial Education then click on Credit and Tools and there is something called "how soon can I eliminate all of my debts". It has you enter your card, balance, interest rate, minimum payment and what you are paying now towards things. It then asks you if you can afford any additional payments a month. Make sure to check all boxes under debt payoff strategy as they are charts and other payoff options. Hope this helps you as much as it did me!
Instead of using the reply box at the bottom of the chain, go to the bottom right of the last post and hit reply. There you will get a different reply screen with all of the additional tools for Color and everything else.
It feels so good to be under my starting balance again. Our big goal this year is to greatly reduce our debt so we can start seriously thinking about starting a family. We essentially want to cut our CC debt by half, which will take some major dedication considering the turtling I've done so far. But I think blue_wagon is on board, because a family is very important to him as well.
Post by mommy2aiden08 on Jan 4, 2011 11:21:05 GMT -5
red_wagon: I'm officially going to use YOUR table as my starting point. When I get all of my numbers together, I will cut and paste yours & then input all of the cell blocks, etc. I agree with you when you say those tables are a biotch...but they look so pretty when you're all finished. ;D
mommy2aiden: aw I'm flattered. I just like seeing progress as many ways as possible to encourage myself to keep going. Like I might be up this month, but still seeing that I've paid $1200 total is encouraging, etc. Good luck with the tables!
and I realize it might look weird seeing 0's all the way across, but those were balance transfer cards and I leave them to remind myself that they used to exist... weird, but it is more motivation to never need balance transfer cards again. I hope.
Administrative update! Hey everyone! I'm sorry that I have been out of the loop so much during this transition. I was scheduled to be out of town where I knew I would have no internet, and then I came home to no internet either. A snow plow took out a pole and the temp connection was spotty for a day or two, but now appears to be back up and running. Emails - I have received tons of email addresses, and I am updating the regional sheets with them now that I have internet access again. ProBoards - I am guessing that we will be here for a little while (at least a few months, probably thorugh the summer). I am looking for a more permanent home for the Racers, one that will suit all of our needs, and also be a place where we can grow and expand! Please forward any ideas you might have for me to my email: cgwirr at gmail dot com. I know that we have PM here on the new boards, BUT it's easier for me if I keep everything in one place. Smiley Faces - since I have not been able to spend time on proboards yet, I asked all the lovely volunteers to begin studying how we can work on this site, I should be catching up with them soon. We'll figure it out! Updates - Please put your updates in these threads for the time being, and hopefully by next week we'll have "permanent" proboards WIRR threads that will be a bit more organized. Again, I'm sorry that this all happened as I was getting ready to go out of town, but we had a great response and will be able to work here for a while! Thanks for all the patience and understanding!~CG
dawnm: welcome! I have to say...debts #5, #8, and #4 are just begging to be made big fat zeros. Could you knock out one of them before the end of the month? How about two? Or all three? Zero balances are big motivators around here.
Post by mommy2aiden08 on Jan 4, 2011 14:42:52 GMT -5
Just a quick question, because I've never "re-started" before...Aside from the amounts, what changes? Here's (one reason) why I ask: When I first started, I had a Dell balance of $1,775...it was paid off and has been 0 for quite awhile. Now, I have a balance since I bought my new laptop. Do I essentially create a whole new table, removing all of the debts that are either paid off or closed? I'm so confused!
nidena! thanks for the suggestion! i've tried the whole "start with the highest interest rate" approach for years, because it makes the most sense to me. but you know what, maybe i do need the motivation of seeing a "0"! thanks for asking, it pushed me to question myself and i think i'll do that this month! i already sent the payment for one of them, but i'll try for the others this month! thanks again!
Gonna try to make a pretty table to post my update. I paid off another $450, which was conservative for the latest paycheck, but I haven't had a chance to sit down and really balance my two checkbooks lately so I wanted to leave some wiggle room. With next Tuesday's paycheck I should be able to wipe out the CC2 debt, which is from Christmas spending, and put a dent in both of the others as well.
At the end of this month or beginning of next I plan to do a BT from CC3 to CC2, which is why it'll be important to wipe out CC2's balance ahead of time. CC1 and CC3 are currently at 0% interest, but the CC3 intro rate is expiring in Feb. I hate putting another few hundred $s back on a card because of a BT fee , but it's better than the interest that large balance would earn.
One of my goals for 2011 is to set up Roth IRAs for me and DH and 529s for each of the boys, and I need to get moving on those things. I get my first paycheck of the new year on Tues and will have a better picture of how much $ I'll have each month for the Roths. DH will be putting $ into the 529s since he's currently in charge of savings. Since I got a raise in late Oct and then opted out of the childcare FSA for this year my paycheck has changed quite a bit. Can't wait to see it!
Happy racing on this new board, even if it is temporary. ;D