I was just updating my budget spreadsheet and noticed some key points:
- Less than 30k on Navient student loans
- Almost half of the ACS loan paid (7k of 16k)
- Car paid off
- Less than 2k on WF loan
That's the positives...the negatives - still working on 3 CCs. I can't seem to get rid of them. I'll make progress and then undo it - a 500 payment with a 350 car repair, a 300 payment with a 200 pet visit. It feels like I'm swimming nowhere. I need to put the card back away, but a part of me wants the cash back rewards. I have $288 left to pay to cover last month's balance at which time I'll have about $700 on the Freedom card and $675 on the Slate. I think if I really buckle down, I can pay them both by the end of the summer (August), so that is what I'll do. I'm going to hold off the additional car repairs until after the Freedom card, but start them in parallel with the Slate card. After that, I'll have to assess. Part of me wants to aim for WF since it would only take 3-4 months, but that interest rate is only 5.25 compared to some of the other stuff.
At some point, I also need to start saving for a wedding. It's not official by any means, but we've certainly discussed it and I know it's coming within the next year or two, so I want to be at least somewhat prepared. Part of me wants to start setting aside something now, but I feel like part of the problem is stretching myself too thin which is why I don't really make headway on any one thing...
Debt Balances and Moving Forward
May 27th, 2015 at 01:33 pm
May 27th, 2015 at 02:14 pm 1432736093
Dn't beat yourself up, you've looked after your mom, SO , rented an apartment and added 2 dogs and 2 cats to your financial categories.
May 27th, 2015 at 07:29 pm 1432754980
I actually do have a car fund. It's just not very big because I only put $10 to it a month. Right now, it's at $60 but I didn't tap it for the car repair.
I'm just feeling a bit overwhelmed because SO and I have discussed plans and timelines and I want to be as prepared as possible for marriage, kids, etc. (Still years out, but definitely less than 5.)