If you have followed my blog through this past year, you know I started a Spending Freeze to pay off my student loan debt. Since then, the following has happened:
-Suddenly had to move from my home in Ohio back to NC
-Had to pay for a storage unit to store my life
-Lived in a hotel for a week then found a new apartment
-Old car was officially retired and bought my first new (to me) car
-Got an amazing dream job with an incredible company
-Moved from initial apartment to new, slightly more expensive apartment that cut about 30-45 off of my commute
-Got a second job to help pay towards debt that is keeping me extremely busy
When I started this adventure in February of last year, my beginning debt balance was $24,996.98.
So, subtract all the money I payed toward that total, add all the charges I made during my move, add a car loan and I now have a debt total of $37,472.79.
I know I know, the balance increased dramatically instead of decreasing. I could have only incorporated the amount of student loan debt that I have left but I want to be real and focus on becoming COMPLETELY debt free, including paying for my car.
So folks, October 1st will start my Spending Freeze, Take Two. I guess that whole, “if at first you don’t succeed” thing is going to be true for me.
I’m waiting to start Oct 1 so that I can plan a little better this time. I am an extremist and tend to just jump head first into anything that interests me. I did that with my Spending Freeze. I feel like a seasoned veteran now and know what needs to be done. I am going to spend this next week meal planning, taking photos of stuff I can sell online, and preparing myself mentally for this new journey. Starting a Spending Freeze right around the holidays is going to be tough but I’m excited to do it. With my new second job’s income, the progress should be substantial.
Have you ever tried for something but failed miserably? What encouraged you to keep trying?