Debt Diary

My struggle to break the chains of revolving debt

Payday coming up!

Okay, so after the most recent payday nearly two weeks ago, we reached our goal of keeping 400 in the checking account. Well, we after all required bills were paid, we actually had 411.33 in the account. And since anything over 400 is going towards debt, we paid 11.33 on the student loan. We should have nearly $500 to pay down the student loan after bills are paid this next payday. YES!

On a similar note, we filed our tax return and are expecting our refund of about $5,500 +/- a week from Friday. That should effectively kill the student loan, the scooter, and most of the overdraft line of credit. That ain’t too shabby.

I also told my wife how therapeutic it is to write all this stuff down and concentrate on our new debt reduction activity, so she’s now started a blog. I still haven’t told her where mine is, but it wasn’t too difficult to find hers (it’s linked on under the blogroll). She’s actually a much better writer than I am; it’s pretty fun for me to read her thoughts…almost like reading a journal I guess.

Ok, so here’s the dilemna for the week. I tell everyone I know about this, but my dream job (surprise surprise) is NOT an accountant. Don’t get me wrong, it’s a great job, just not my dream job. If I could choose any job, I would play saxophone in Sting’s band. He is my all time favorite artist – and his band (the Police) reunited for a tour! So what do I do? This is, for me, a chance of a lifetime. However, I’ve dedicated my life to paying off debt. Do I go see the Police in Vegas, or do I forget it, pay down debt, and regret it for the next 30 years?

February 14, 2007 Posted by debtdiary | debt | | 1 Comment