I''m still here

iVillage Member
Registered: 04-10-2003
I''m still here
10
Wed, 03-07-2012 - 7:31am

Hi team,

I haven't posted in a while because I've been so busy and because I've fallen so far off the wagon debt reduction wise its not even funny.

I just got the shock of a lifetime when I revivewed by CC statement yesteray and realized that I spent almost $800 on food!!! I'm one person . . . but those restaurants killed me. I started to realize that I was eating out too much when the thought of it was "meh" and I wasn't excited about it anymore (that and I can't do my pants up!!!).

The good news. The CC is paid off. The money used to pay it off should have gone towards other things (like debt or my vacation savings) but for now it is what it is. Things are starting to slow down at work (which is nice) so I am hoping to have more time to myself to refocus.

So here I am. still with a car payment, a student loan payment and a furnace bill. I am hoping for a decent tax return that will help wipe out the furnace bill (0% until June and then its due).


Bex -

Community Leader
Registered: 08-25-2006
Thu, 03-08-2012 - 11:39am
For me, I find small victories in hitting a bench mark. I also decided that when I hit a certain mark (have not picked that mark yet) I am going to give myself a new espresso machine. Mine works, but it is old, messy, and sometimes leaks.

I felt a small victory simply getting one of my medical bills under the $400 dollar mark. Increments like that seem to help. I also decided not to worry about my auto loan this year and focus on the other bills and my CC.

Just some ideas. Or like the others said, a savings benchmark is good, too.

Serenity
iVillage Member
Registered: 08-24-2007
Thu, 03-08-2012 - 7:43am
No, it's not bad that you're looking forward to your Mom moving out. I love my DD, she's my best friend, but I will be thrilled when she is finally out of the house.

Wow, $800 is a lot, and yet I can see how it could happen. I hate to admit it, but I'm sitting at my desk right now, eating a breakfast I bought at the cafeteria (it's been one of those mornings!). It takes organization to keep from eating out and when you're busy, it just doesn't happen. Perhaps you need another one of your cooking weekends, where you mass-produce meals!

I know what you mean about quick-wins. Three years (to 2015) isn't really that long but still, you'd like to stay motivated. Is there any way to tackle one student loan at a time (minimum payment to one and then snowballing to the other one?). Perhaps that way you can create a quick-win?

Hang in ther Bex. I know you can do this!!

Kate


empty purse

iVillage Member
Registered: 05-08-2006
Wed, 03-07-2012 - 8:18pm
Bex, Maybe you need to set savings goals, or break your debt int thousand dollar increments and just focus on those to get 'wins'. But do not wish your life awaiting waiting for 'someday'. - it is not the destination but the journey that matters. Perhaps your new goals should have nothing to do with money. There are so many things to work towards - promotions, learning new things, fitness/health goals...we are not our debt...what do you want for you in 2015 besides being debt free? SJ
iVillage Member
Registered: 04-10-2003
Wed, 03-07-2012 - 5:44pm
Thank you all for your kind words. You guys are fantastic. No, mom has not moved out yet, and I know this is a HUGE part of my problem. I used to love coming home and having some "me" time to just make dinner and sit and do nothing. I can't do that anymore and to a certain degree feel like I've been forced out of my own house. She gets her place in two weeks and should be out two weeks after that. Is it terrible to say that I'm counting down the days??
As for debt, I'm going to keep on keeping on. I'm still on track to hit my 2015 debt free deadline so maybe for my sanity I should just stick to that. My interest rates are low (0.9% and 6% but tax deductible) so perhaps I need to focus more on the efund side of things. My new raise brought me an extra $250 a month (yep, that's it . . . it knocked me into the next tax bracket so gov't gets half) but it's still something. Mortgage renewal in May brings another $250 so that's pretty awesome. I guess what bugs me is that 2015 seems to far out and aside from raises, I will have no "wins" if you know what I mean. No small CC to pay off. I guess I will just have to make some wins to keep motivated?

Bex -

Community Leader
Registered: 08-25-2006
Wed, 03-07-2012 - 3:18pm
Hi Bex? Has your mom moved out yet?

Well, all we can do is deal and move forward from it. The fact that you even had the cash to pay it off is HUGE in my world.

I learned in health class that it actually can take up to 5 years for a new habit (or change of a bad one) to truly be engrained and become something inutitive that we don't have to work on any longer. This does not apply to all things (like drugs or alcohol addiction) but in general, some food for thought.

Point being, it is normal to "slip" and unless we have been doing something different for at least 6 months, it is not even considered a true change of behavior.

For me, it was my latte's. I kid you not, I had to pray about it for about a year before I was ready to change my spending at all the coffee places. I still probably buy about 4 a month, but it used to be 20 or so a month. I now use my espresso machine that I already had and collecting dust.

In fact, I am drinking one of my home made latte's right now!!

You are doing fine, just keep on moving forward.
Serenity
Avatar for poorboy2011
iVillage Member
Registered: 10-02-2011
Wed, 03-07-2012 - 1:57pm
Wow, $800 on food! I hope you had something good. I've rediscovering Sriracha sauce...

I remember your enormous furnace bill, and what a setback it was. I'm glad you're hanging in there, plodding on. This summer is shaping up to be a hot one. You'll be able to enjoy your new, powerful AC!

iVillage Member
Registered: 07-24-2001
Wed, 03-07-2012 - 1:47pm

I was wondering where you've been.

There must be something in the air lately.

iVillage Member
Registered: 10-01-2008
Wed, 03-07-2012 - 1:35pm

Hey Bex, missed ya!

Norma


"Patience is the best remedy for every trouble"- Plautus


iVillage Member
Registered: 11-14-2008
Wed, 03-07-2012 - 11:17am

Oh great, someone to yo-yo diet with! I will start trying to lose at the end of July! LOL! its not going to be pretty!

I am just still here too. I won't be able to flake for quite some time. Until I start working again and I don't even know when that will be.

iVillage Member
Registered: 12-12-2009
Wed, 03-07-2012 - 7:57am

Now Bex :smileywink:, just get back on the wagon - you know you can do it!

Ironically, tomorrow will make it one full month since I have eaten out at all! I wanted to see if I could do it, as I had worked out how much I spent just buying breakfast and lunch at work during the week and found it horrifying! I decided that all the money I saved bringing both in could be spent on something else I enjoyed ... the eating at home for dinner as well just sort of happened, as I am a lot less likely to go out during the winter - I'm more likely to stay in and make something warm and hearty (like chili) and just cocoon to avoid the cold and snow.

So get to it! You can do it! And it's good to see you here again. I often wonder how the absent posters are doing and it's always nice to get an update.

(I've also put together my first ever budget this month ... wow ... what an eye-opener that was!)