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About Me:

Lisa

I'm a 43 y/o SAHM living in Denver, CO with 3 kids - 14 (ds), 3 (ds), and 41 (dh). I used to be a finance manager in my previous life. I can track and budget our income/expenses but I can't get us to STOP SPENDING!!!

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July Budget/Actuals/Fcst

Charity - $35/$0/$35
Clothes - $200/$217/$217
Debt - $60/$40/$60
Entertainment - $0/$49/$49
Food - $800/$667/$800
Gifts - $0/$65/$65
House - $676/$897/$897
Insurance - $1,113/$103/$1,113
Kids - $294/$198/$294
Medical - $0/$20/$20
Personal - $50/$0/$50
Transportation - $150/$101/$150
Utilities - $491/$417/$491

Total $3,869/$2,773/$4,239

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Debt Balances (incl charges through 7/18)

AmEx - $204 (To be paid in full)
BofA - $1,724 (To be paid in full)
Citibank - $6,216 0% interest
HEL - $9,355
US Bank Mortgage - $676/month ($106,697 balance)

November Debt

December 2nd, 2007 at 04:21 pm

Here's a breakdown of our debt for November:

AmEx - $262.01 (to be paid off)
BofA - $2,469.62
Citibank - $4,000 0% interest (to be paid monthly with HEL proceeds until 0% ends)
HEL - $9,917.34 ($135/month includes extra payments towards principal)
LNT - $187.35 (supposed to be interest free for 6 months - WRONG - to be paid off )
Macy's -$84.32 (to be paid off)
US Bank Mortgage - $676.36/month ($107,000 balance approx - no monthly escrow - I pay insurance/taxes myself)

I usually pay off all credit card balances each month. With the exception of October, I was unable to pay off the BofA credit card. I took out a HEL at 7.25% to pay off the BofA card and the 0% Citicard. The current $2,500 BofA card balance are all new charges since I paid off the previous month's balance with the HEL.

We don't have any car payment since both of our cars have been paid years ago.

Posted in November | 1 Comments »

1 Responses to “November Debt”

Joan.of.the.Arch Says:
December 3rd, 2007 at 03:08 pm 1196694533
1196694533

Why did you use the HEL to pay off a 0% interest credit card? If you were going to put the HEL money toward debt, wasn't there other debt at interest that should have been paid down first?

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SAHM - Money or Lack of

SAHM just trying to make ends meet.

November Debt

1 Responses to “November Debt”

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