2013 Goals

I know that many people  set new years resolutions however many people do not hold to these!! This year I have set goals because goals are more obtainabble

1. Pay off Credit Card Debt- I have roughly 14k dollars in credit card debt!!
2. Lose 50lbs
3. Have an emergency fund of 5000 dollars
4. Start saving for a house- My goal for this one is to have 2000 dollars by the end of 2013!

With the last year I had to put alot of stuff on credit card due to my divorce. This year I want to get it paid down and paid off. I hope to get it down to zero but I am realistic and know that if I can pay off at least 10k I will be happy. Once the cards are paid off I plan to put them in a card of peanut butter and stick them in the deep freezer. I know extreme but I need to keep this debt off, as I start paying on my student loans in 2014.

I am still working on my weight loss goal and plan to stay on track with losing weight!!

The last year I have had several car emergencies pop up!! New transmission, new tires, new alternator, new timing belt, and more and more and more!! As you can see I must have this fund in case I run into this issue again. This one will be tough as I WILL be focusing on my debt but I plan on getting this done!!

I do not plan on buying a house for probably 10-15 years as I want to buy a house in North Carolina!! During the time that my girls are young I will be putting money aside each year so that when they graduate from high school, I will be able to move and have the money ready to put down on a home!!

As you can see I many goals that are for this year but are also for the next several years has I get ready for new phases of my life

Debt Snowflake Month 5

So we are heading into another month of paying off debt and while I have not updated in the last two months I decided that tonight was the night to update. You will notice that my capital one card went up a tiny bit and that is due to the fact that I went out of town and used it while out of town. I hope to pay it down quite a bit more in the next two month.

Capital one = June (3626), July (3804) = +178

AAMCO = June(0), July(0)= 0

Rooms to Go = June(932), July (0) = -932-Paid off.

USAA= June (7823), July (7619) = -204

Best Buy= June(998), July (1001)= +3 – I am so ready to have this one paid off.

Personal Loan= June(1000), July(700)-300

March Debt = 17194

April Debt= 16505

May Debt = 16056

June Debt= 14379

July Debt=13124

Amount of Debt Paid off from March to July= 4070(23.671%)

Amount of Debt paid off from June to July = 1255 (8.728%)

Debt Snowflake Month 4

So we are in the middle of June and I have made some great headway on my debt. I did not get all my student loan money in yet so I did not make as much as a headway as I would have liked however I was able to pay one of the cards off and I made headway on several other ones. I hope with my money that I get next month I am able to make more headway on the other cards and plan to add more to the amout of my payments.  So without further ado!!!

Capital one = May (3893), June (3626) = -267

AAMCO = May (375), June (0)= -375- Woo hoo paid off

Rooms to Go = May (1397), June (932) = -465

USAA= May (8079), June (7823) = -256

Best Buy= May (1337), June (998)= -339

Personal Loan= 1000- still owe

March Debt = 17194
April Debt= 16505
May Debt = 16056
June Debt= 14379

Amount of Debt Paid off from March to June= 2815(16.37%)
Amount of Debt paid off from May to June = 1677 (10.44%)

Debt Snowflake Month 3

Well another month has come and gone and we now facing heat in beautiful Texas. I am sure by August I will be begging for snow.  May was another month of challeneges in getting my debt paid down, however I am trying to pay extra but it seems like I am running into major challenges. This month was not getting my travel check ontime and having to buy birthday gifts. However as we head into June I am waiting on about 5k in student loan and reimbursment from the state for school. Yes I know student loans will need to be paid back but I want all the other debt paid off before I start paying on those wonder full loans. I will update later this month once I pay on all of my debt and may even be able to pay some off.


Capital One = 3999 (April), 3893 (May)= -106

AAMCO - 375 (April), 350 (May) = -25

Rooms to Go- 1510(April), 1397 (May) =- 113

Besy Buy - 1319 (April), 1337 (May)= + 18- This one has made me so mad becasue there is a fee that I did not authorize so  I am contesting it

USAA- 8302 (April), 8079(May)= -223

Personal Loan - 1000

March Debt = 17194
April Debt=  16505
May Debt = 16056

Amount of Debt Paid off from March to May= 1138(6.62%)  
Amount of Debt paid off from April to May = 449 (2.72%)

Debt Snowflake Challenge

So Melissa over at momplans.com has been doing a debt snowflake challenege where you work to get your debt paid down by using money that you "find". I have been debating about doing this because with my divorce and everything I have alot of debt. Alot of the debt I have has been incured becasue of my divorce hwoever I am hoping to be completey credit card debt free by January 2013. I also have alot of student loan debt that I will start paying off ina few years and a car payment that I would love to have paid off before I graduate from Grad school. Below is the amount that I have current as of March 1st 2012.


Capital One- 3985

Gemoney-1634

Best Buy -1315

USAA-8760

AAMCO-500

Personal loan-1000

I this is a combine total of 17,194 just in credit card debt.