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Debt Payoff and Savings with Reimbursement Progress

June 25th, 2011 at 09:48 pm

Here is my progress so far with the reimbursement.

$1241.38 (total reimbursement)
-$200.00 (payment to credit card)
-$200.00 (deposit to car savings to eventually replace the car)
-$90.00 (pay off the balance on the lawn mower)
-$325.64 (bought a new PS3 because our old one is about to die)
Balance $425.74

I will make at least one more deposit to the savings and payment on the credit card next week.

The other thing we need to get is a new filter for the water filter connected to our kitchen faucet. That will probably be around $75-$80.

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A computer geek we know has basically offered to buy our old PS3 because he fixes old ones and sells them. We don't know how much yet, but it should help some.

The note about my credit card balance at the left is correct for the first time in a long time. I had not put the actual number up there because it was so embarassing. Now, I will be putting the correct, and declining, number there. I am getting a pretty good raise in July and that should help a lot in enabling me to: 1) increasing regular savings, 2) increase retirement, 3) pay down the credit card, and 4) put away more for house upkeep and eventual car replacement. Woo-hoo!

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