November was yet another disappointing month overall. We’re just trying to do the best we can until I receive my first paycheck and can regain momentum.
DEBT SNOWBALL
We were able to pay $250 total toward our debt in November. However, we added $2,886.42 total to the Chase credit card (mostly for childcare and expensive maintenance on Ashton’s vehicle that not even a starter emergency fund would’ve covered, though it would’ve helped. And the worst part is that we need even more maintenance done … on both vehicles).
Debt Snowball Ledger
| Ashton’s Chase Credit Card | |
| $2,092.50 | Start amount |
| $145 + $2,886.42 | Payment amount |
| $4,833.92 | Balance remaining |
| 401(k) loan #2 | |
| $4,965.02 | Start amount |
| $105 | Payment amount |
| $4,879.94 | Balance remaining |
| Total Debt as of 12/01/18 | $9,713.86 |
DECEMBER 2018 GOALS
- Contribute $645+ towards the credit card.
- Remain current on the second 401(k) loan, which is automatically deducted from Ashton’s paycheck at $26.25 per week ($105 total per month).
