[-$79,700] I’m in the 70’s! It’s Groovy!

love-70s

Yeah, I’m Stayin’ Aliiiiiiiiiiiiiive!  Break out the 8-tracks!

I hadn’t expected to get here this soon! Best. Tax. Refund. Ever. Wicked!

I finally feel like things are starting to shift with this debt. Can you dig it?

Current stats from my lender:

Read More

[-$83,290] In the Papers

On Valentine’s Day, I toyed around with the idea of re-upping this post about being awkwardly single in the workplace or something equally as snarky, but, sigh, I didn’t get around to it.

Imagine my surprise when I saw this while perusing the interwebs…

…an article posted both on MarketWatch and the NY Post featuring a couple of quotes from yours truly!

I was interviewed for this months ago and had forgotten about it. Seems timely that it would post on Valentine’s Day.

Provocative NY Post title aside, give it a read. Is it junk or truth? Share your thoughts.

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marketwatch-article-2017

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“Debtor’s prison is real, and opportunity cost is a bitch.” (DDSW)

[-$83,896] My Bonus, Health Goals, and a Plan of Attack

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First, the good news.

I finally got my 2016 bonus check ($4,922)! Woot!!   I now have ALL the money! lol

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This is how I have allotted it.

  • Health maintenance fund ($2,500)
  • Opportunity fund ($1,250)
  • Emergency fund ($222)
  • Checking account / slush ($500)
  • Evil Student Loan extra payment ($500)

I also made my first $2,650 monthly mega payment (up from $2,300).  The resulting balance ($83,896) barely looks like it’s even moved since last month. Still pretty much in the mid-80’s.

Why is so much going to my health fund?  Keep reading… Read More

[-$86,895] A Huge Debt, a Small Pay Raise, and a New Spending Plan for 2017

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I finally, FINALLY, found out my new compensation numbers today, after my promotion a couple of months ago. First, a bonus.

Year End Bonus: ~$4,300

I got a 2016 annual bonus! When it hits my account in a couple of weeks, this is where it will go:

Emergency Fund: $1000

Health Maintenance: $1750

  • I expect doctor visits, diagnostic tests and treatments this year relating to some chronic health issues. I’ll be paying out of pocket (HDHP). I may also need some dental work this year. Hopefully this will be enough.

Opportunity Fund: $1250

  •  Most of this will be saved for gifts and travel to see relatives during the 2017 holidays. I didn’t get to see them during the holidays last year.

Checking Account: ~$300

  • I’m not entirely decided about what I will do with any money that remains. I’ll likely keep it in my checking account to cover unexpected or annual charges.

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2017 Salary Increase

Guys… (Sigh)…  I tried. Read More

[-$86,743] Why I Want a One Year Emergency Fund

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In my 2017 Goals post I mentioned that my ultimate goal for my emergency fund was to save 1 year of living expenses.

You may wonder why I want so much in savings. I’m single. I don’t have any dependents, and I live rather frugally. Simply put, I want more because what I have saved so far doesn’t align with my goals.

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My current 2.5k mini-emergency fund is a needed life line, a life preserver, should something unexpected, yet minor happen in my life. The life preserver doesn’t look pretty, nor does anyone using it; but that’s not the point. The life preserver has only one job, to keep your head above water until you’re out of danger. It does not provide comfort or space/buffer from the danger.

This level is savings is fine for some, particularly those who have a relatively low amount of debt compared to their income and who will be out of debt in a relatively short amount of time (less than one year). This is where my savings are now, and I’m seeing that this is not enough. Read More

2017 Goals for Double Debt Single Woman

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HAPPY NEW YEAR!

The new years bells haven’t even stopped ringing and yet I’m already posting about goals, because, well,  that’s what you do at this time of year.

See my past January goals and December check-in posts here:

2013 Goals  |  2013 Year End Review

2014 Goals  |  2014 Year End Review

2015 Goals  |  2015 Year End Review

2016 Goals |  2016 Year End Review

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DOUBLE DEBT SINGLE WOMAN GOALS FOR 2017


ONE
–  Pay down my student loan debt from $88,935 to under $65,000.

This is Read More

Goodbye 2016: The Year in Debt Review (+ Net Worth)

bye-2016

It is that time of year again. Check out my past reviews:

  •  2014 Year in Debt – I still want to be the ‘umm, no’ cat in that post when I grow up.🙂
  •  2015 Year in Debt – What an emotional and financial roller coaster! It was a year of health and job loss scares.

 

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In 2016, I started off the year with worthy goals and lots of optimism. In January, I got hit with a $750 bill for short term disability over-payment because my employer hadn’t calculated taxes properly following my surgery in 2015. Next, I paid off the last bit of medical related credit card debt and was now credit card debt free AGAIN. In February, I had a temporary panic about potentially losing my cheap (for this area) rented room. Panic is the right word, given that so much of my potential to make progress on this debt hinges on my ability to continue paying below market rent for my room.

By March, I focused my attention on my student loan debt. As the Spring season began, Read More

[-$88,786] I’m in the 80’s! Let’s Keep This Train a Rollin’!

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Finally! Goodbye to the 90’s, which became as worn out as a pair of (MC) Hammer pants. Woohoo! Welcome 80’s, although I don’t want to stay here as long as I stayed in the 90’s.

Current stats from my lender:

Balance: $88,786
Term Remaining on Debtor’s Prison Sentence: 3 years and 5 months
Current (variable) Interest rate: 3.59%  
(up from original rate of 3.42%)

Pull out the cassette tapes!  Here’s a Read More

[-$90,989] The Information Diet: Being Mindful of the Information We Consume

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Are you suffering from information overload?
Is the news / media making you depressed, agitated, or angry?
Do you feel mentally sluggish resulting in low productivity and drive?

info-overload-content

You may have infobesity caused by consuming an ever growing surplus of poor quality ‘infotainment’ and propaganda passing as substantive news and an addiction to brain rotting sugary celebrity gossip and reality TV fluff.  Read More

[-$90,831] A Bit of Good News!

career-woman-promotion

I know I can go a long time between posts. Before last week, I’d been super busy at work, in another crunch period working late evenings and weekends.  Things have lightened up a bit for now, but there will be another crunch in December before the holidays.

Talk about timing! In one of my recent posts I talked about learning to appreciate my job.  Well, I just Read More