The three main reasons that I use cash and not debit/credit cards for daily purchases are… 1. I spend less when I use cash. Handing someone a fifty is much, much harder and more real than signing a credit receipt for fifty dollars. 2. Simplicity. I use an envelope system, and when I use cash I know exactly how much…
Author: NCN
Goals Expanded
Okay, after much thought and reflection, I have decided to update my goals. As I learn more about this blog stuff, I will create a side panel showing goals and progress. Unfortunately, I do not know, as of yet, how to do that. Anywho, here are my “short-term” and “long-term” goals and current financial positions… Cash: Emergency Fund Savings: 1000…
Current Debt Situation
Here is a summary of my current debt situation… Auto 1: 2,656.33 Auto 2: 3,255.23 Credit Card: 5,598.66 Total Debt: 11510.22 dollars I am trying to pay off all my debts by 10-10-2005, just 7 months from now. I will need to dedicate roughly 1700 dollars a month towards debt payments. I am excited about the idea of having no…