It’s been awhile since I’ve talked about money. This is probably because I somehow spent $400 of my hard-earned eBay money on God-knows-what.
The next 4 months are going to SUCK because I am aggressively paying back a 401K loan and I’ve received a pay cut, so my paychecks have shrunk considerably.
Following is a status of my debt:
Lending Club – $16,324.27
Citibank – $1,515.00
AMEX – $3,391.50
Total = $21,230.77
Note, the Lending Club total includes all future accrued interest and fees.
I’m going to be left with just $185 every two weeks for the next 8 paychecks. I have $200 in my ING savings account, which is the seed of my emergency savings account. During the next 4 months I will only be able to pay $400 toward my AMEX card and $120 toward my Citibank card.
As I’ve said, this is when things really start to get challenging. No big windfalls, no large payments on cards, just trudging along, paying what I can.
I hope I do okay.