May by the Numbers

This month was pretty spectacular.  We are so thankful that we got one more amazing month before the actual slowdown hits.

We had very little ‘extra’ income this month.  No Craigslist sales.

This month’s budgeting was a little tight as the way refueling fell in the calendar – we both needed gas for our vehicles on the 29th, pushing us over that line item.  We had out-of-town company for a handful of days – but were pretty pleased that we were able to save on the other weeks so as to eat out with our company and not go over on the food budget.  We were under by an entire $7. 🙂

As far as progress – like I mentioned, the slowdown hasn’t hit yet so when some large jobs finished up (having already prepared for the next few slow months) we were able to make the FIRST EVER above minimum on our last remaining Major Debt – my grad school student loan.

Without further ado – the numbers:

Extra income:

We won a $100 Amex gift card

Extra Debt paid: $3,794

Total Debt paid in May: $4,040*

Since 1/1/2012 – Total Debt Paid off: $21,499*

*For the purpose of Baby step 2 we are not factoring in our home mortgage

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2 Comments

Filed under budget, by the numbers, debt, grad school

2 responses to “May by the Numbers

  1. AWESOME JOB!! You are doing very well. Remember this progress for the “slower” times. And also, don’t forget to dream…sit down with that hubby of yours and dream about what you’ll be up to when you’re debt-free: taking that long-awaited vacation, donating to a great cause, giving gifts to people you love…you know, that stuff!! It kept us motivated and now dreaming has become part of our regular life routine together. Whenever we are just stressed or life has been icky lately, we take a few minutes and say: “let’s dream a little while, okay?” Centers us right back to where we need to be.

    🙂 Keep going!

    • Thanks Krysten! We are certainly dreaming… last night as I grilled burgers it was “Someday when we are out of debt, we’re getting a new grill!” To which my husband replied “yes dear, I’m aware. That isn’t the first time you’ve told me” 🙂

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