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.

We've been a one-income for four years now, so you'd think we could adjust by now. Nope. We still live like we're living on two incomes.

DH is paid bi-weekly. His paycheck nets (after taxes, insurance, HEL pymt, and $300 savings) about $1,200. He does get paid for OT but only works OT occasionally.

DH's net paychecks for November totaled $2,389.81. Our expenses totaled $5,883.74. Can you see the problem?

November Expenses

Charity - 53
Christmas - 272
Clothes - 476
Debt - 108
Entertainment - 140
Food - 1,366
Gifts - 89
House - 892
Insurance - 103
Kids - 595
Medical - 783
Transportation - 225
Utilities - 782
Total - 5,884