Happy Friday. It’s been just about a month since my last debt update, and I’m feeling relatively successful at it. I’m still on track to get rid of it by July, having eradicated $1,267.39 in the last four weeks.
Aside from the satisfaction of persistence, there’s actual good news: as of yesterday, my employer has brought my salary halfway back up to what it was a year ago. We all took a 10% pay cut in April of 2009, and the company’s leaders are finally, but cautiously, optimistic about growth in 2010, so they gave us “raises” equal to 5% of what our salaries used to be, and hopefully will be again.
After taxes, this means an “extra” $115 in my twice-monthly paycheck. This should’ve meant that on April 15th, instead of making a $650 payment to my “newer” credit card debt, I could make a $775 payment. Unfortunately, around the same time that the “raises” were happening. my shoulder pain from sitting in a crappy desk chair was getting unbearable. From previous experience, I know that my employer is not one to take quick action to remedy a health problem, so I got fed up and got a new chair. (Maybe they’ll offer to reimburse me. Who knows.) Coincidentally, the chair and a footrest cost a total of $115.71.
Here’s where things stand right now:
|Credit Card Debt Totals||Change|
Since I started the debt updates on January 26th, the combined debt has gone down from $6,828 to $4,230.
And starting at the end of April, I should have another $115 to add to each credit card payment.
Of course, I have some typical and atypical admissions to make concerning the things I put on plastic, instead of using cash.
Things I Put on Credit Since the Last Update
- Enterprise Rent-a-Car – $17.29 – This is a perfect example of why we should always check our statements, line by line. I didn’t know this was here, and I’m not sure why it is. Renting the car while they worked on my 60k service should’ve been free. I suppose I should call and ask about this.
- Toll roads – $120 – Apparently, I’ve been driving a lot these past four weeks. Roughly once a day I wonder if I should take surface streets more often, but I always end up deciding that I’d rather just get home soon.
- Mobile phone service – $85.36
- Web hosting – $16.25
- Google AdWords – $2.24
- Usenet service – $2.99 – as promised, I lowered this to cover just what I need in a given month
- Podcast subscription – $5.00
- Various entertainment things purchased through PayPal on Amazon and iTunes and CDBaby – $40.99 – I am shamed.
- Lawn maintenance – $64 – I should switch this over to use the debit card for our joint account.
Unfortunately, that’s not all. I also used my debit card a few times since the last update.
- Comedy at the Improv – $23.93 – I went out on St. Patrick’s Day to support my improv teacher and other local comics, and you’re probably familiar with that stupid “two item minimum” thing.
- Rifftrax version of “New Moon”, and others from Rifftrax – $6.93 – This is so awesome.
- Convenience store something – $3.16 – I have no idea what this is.
- Parking for my standup comedy practice – $3.00
- The afore-mentioned new office chair and foot rest – $115.71 – a necessary evil, I’m afraid
So, the things that I feel at-least-slightly guilty about total about $80 for the last four weeks, the same time period that I got rid of $1,267 in debt. End result: go me!
You can cheer me on and/or witness my money minutiae on Twitter if you want to.
Updated June 24, 2016 and originally published April 16, 2010.