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Friday Updates

December 27th, 2019 at 05:22 pm


Well final cost to repair my car $776.26
The funds actually came out of the sinking fund that I save for car repair and a new car. I sort of feel defeated but I am thankful for being able to pay cash for the repair. I literally knocked my car sinking fund down to zero. I went ahead and got my headlights cleaned, cost was $80. It had become increasingly difficult to see at night. I’d tried the toothpaste remedy and other stuff but nothing cleaned them. Pray fully I can the get the sinking fund back up.

Today was pay day, and I wasn’t able to add extra to the CC 😢. So I’m feeling really down.

Needless to say, I socked away about $344 to sinking and emergency fund.
Added to my IRA. I almost changed the amount by $25 less, but opted not to. I need to stick with the plan, of bumping my IRA contributions every year.

I paid a few miscellaneous bills, and tithed. Today I’ll be stuffing my cash envelopes.

Next month is a better month. I should be able to throw about an extra $300 to the CC, and $400 to my car fund.

I set the bar high for 2020, the goal is to pay off $20k in debt. I know it’s going to be tough but if I keep a lean budget, blog so that I’m held accountable, I think, no, I know I can do it.

I’ve got to stay focus and determine as it pertains to paying down debt and saving. Though this year wasn’t too bad, I just feel like I should be further along

Posted in Emergency Fund, Goals, Budget | 8 Comments »

8 Responses to “Friday Updates”

  1. creditcardfree Says:
    December 27th, 2019 at 05:58 pm 1577469504
    1577469504

    I know it's emotional hard to not making payments towards your goals. Even with no debt, I still defeated at times when we can't save as much as I want. Focus on what is going right, don't give up on the goal. Reaching for them despite perceived setbacks will get you farther than giving up!

  2. Lots of Ideas Says:
    December 27th, 2019 at 06:36 pm 1577471789
    1577471789

    Amber, I think you should revisit the amount you have paid off and the amount you have saved this year, plus add in the lawyers fees, car repairs, and other big, unexpected expenses and then feel really proud of yourself.
    Because before this journey, that is maybe the amount you would have added to debt.

    Then, I would set a goal to ‘find’ $18 to send to CC 10 before the end of the year, and thus drop the ‘hundreds’ number by one. Look around for change you are saving, see if you have any gift cards with balances you can use instead of cash this week, eat a couple breakfasts at home or homemade lunches, find and list something you can sell...it will give you a little ‘scavenger hunt’ to accomplish and when you do, a small victory!

    You are doing so great and you deserve to believe that!

  3. Joanne Says:
    December 27th, 2019 at 07:12 pm 1577473966
    1577473966

    You are doing great with all you've paid off this year. You made alot of positive change. And, you paid cash to fix your car. I think you said before that your car is older? Some people would have gone out , and spent alot of money on a new car. You showed discipline to follow your plan. And, I want to wish a Happy New Year, which will be here soon. You should be proud of yourself.

  4. Sue Says:
    December 27th, 2019 at 07:39 pm 1577475562
    1577475562

    Amber, You've made significant progress in your goal of paying off your credit cards. Keep at it and know that we're all cheering for you.

  5. crazyliblady Says:
    December 28th, 2019 at 12:38 am 1577493492
    1577493492

    Don't get yourself down. When you consider all that happened this year, including how much money you saved and how much debt you paid off, it is pretty remarkable. You could have gone into debt to pay that legal bill, but you stuck to your guns. So, congrats! That being said, your car has a lot of miles on it, so if I were you, I would start building that car fund up right away.

  6. terri77 Says:
    December 28th, 2019 at 01:43 am 1577497386
    1577497386

    You can definitely do it! You’ve done amazing so far & will continue to do so.

  7. Lucky Robin Says:
    December 28th, 2019 at 02:31 am 1577500316
    1577500316

    Hang in there. I think you did a fantastic job this year. Not only did you not have to put the car repair on a credit card, you didn't have an accompanying spending spree to make yourself feel better about it. You've come a long way.

  8. rob62521 Says:
    December 29th, 2019 at 08:37 pm 1577651848
    1577651848

    Amber, you've done a marvelous job paying off as much as you have. Do not beat yourself up because life came along and decided to challenge you. Instead of giving up, you figured out something else. And just think, a few years ago if you had a car repair, you wouldn't have had that fund to pay for it and would have put it on credit. Finances are not easy and there are times you want to throw in the towel, but then you do very well. Keep up the good work!

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