April was terrible. Terrible, terrible, terrible. New balance: $82,856.75. I paid off $956.63 ($1265 in payments but $309 in interest, bleah). On the bright side, I’m under $83k and have paid off 12.8% of my original loan debt when this blog started. And $956 down is much better than the big fat ZERO in February…
…BUT, I put over $800 on my credit cards. My savings (AKA “emergency fund”) is down to $350. So doesn’t that mean I’ve depleted my emergency fund and really paid less than $50 towards debt?! 😦
As my last several posts in April hinted at, it was nothing but expense after expense after expense. There were the huge tax payments I owed, preceded by a more-expensive-than-anticipated trip to NOLA/Gulf Coast, and lingering expenses from our move in March (like switching cable providers) along with Mr. Bacon’s new car payment kicking in. Everything seemed to come to a head during April.
And instead of buckling down and being good, I had several moments of weakness and debt fatigue, where I gave in to retail therapy. Most of these purchases were at least fitness-related (bought myself new running shoes, triathlon shorts, bike tires, an entry fee, and an iPod holder for running), but…still. I know better. It all just was overwhelming and now I am totally embarrassed and ashamed of my numbers. Although interestingly enough, I was actually within budget when it came to groceries, dining out, and car expenses–the usual budget categories. I guess I really went over when it came to taxes, travel expenses, and shopping.
I’m “only” one month behind my originally conservative game plan, but I had gotten really far ahead. We haven’t even started our wedding fund yet.
I am sad. 😦 But trying to get the courage to pick myself back up and tackle the debt monster once again… Any advice on how to get back on the horse?