Happy New Year! Here we are in 2015!
December was a good month! It had a little bit of a lot of things.
First things first! December marks my 1 year anniversary of debt repayment. I almost forgot, but I’m glad I didn’t. I took some time to reflect on how far I’ve come over the last year. Spoiler Alert: It’s a long way.
Second! I established my first side hustle! It’s glorious! When I signed on for the gig, it was my understanding that it would be an exchange for services. When it was over, I was given the option to take the exchange or cash. What a pleasant surprise! I took the cash! My loans thank you, young side hustle. Now, I must nurture you.
Thirdly, I excelled in cookie eating this month. Alicia at Financial Diffraction sent me an amazing recipe for chewy ginger cookies. I ate at least my 6 month cookie allowance but it was worth it. So delicious! If your life is in need of chewy ginger cookies, I have the solution!
On top cookie eating, I also spent a large chunk of time sitting on my butt. The Christmas Laziness was strong with this one. 2015 will involve a lot of butt kicking. These extensive sits cannot turn into a habit.
Lastly and by far the most fun, Hubs and I went on a mini vacation mid-month. 3 nights at a casino! . . . as non-gamblers. We got a little crazy one night and played Bingo. Hubs won! His winnings covered most of our costs for the weekend.
Thanks to a dear, dear friend who works at the resort, our room and meals were complimentary. We thought our alcohol was covered too, but alas, it was not. We drank way too much over the 4 days, but thankfully the bill was only $53. Does that make us cheap dates? Yes. Overall, the whole extended weekend cost us around $100.
Now… to the debt!
This is my first month tracking my Car Loan. I’m only paying the minimum payment for the first year, so its really not exciting. It’s lacking so much excitement, I’m considering leaving it out and just tracking it on the side. We’ll see.
- Car Loan November: $13,575
- Car Loan December $13,302
- End of November Student Loan Debt: $18,596
- End of December Student Loan Debt: $15,908
That’s $2,688 of my student loan paid off this month and $29,442 paid off in the last year. What a year.
For comparison’s sake, I made a little chart showing my debt progress over the last year and where I would be if I’d only made the minimum payment.
Here I am banging on $15k’s door and Minimum Payment Kate hasn’t even hit $40k yet. Oh, Minimum Payment Kate. Why do you want to pay so much in interest? Will someone talk to her!?
How did you finish out the year?