August has been a great big fat failure. I haven't even looked at all the numbers, and I don't want to.
Things are running amuck, amuck, amuck! (Quick, name that movie!!!)
Credit Cards - you give an inch, they take a mile. And this is what happened. A few small purchases lead to a few larger purchases. Old habits die hard. $350 was spent on school supplies and clothes and shoes. ($150 of it will be paid off at the end of the week). G-man got some gas. And then there were my beautiful boxes.....which somehow the cash I had saved for this got gobbled up in the great abyss of my checkbook. A little here, a little there....and now the damage is done.
The lessons here....
1) We aren't ready to be responsible.
2) We didn't plan appropriately for expenses.
The "excuses" aren't great....but some of them are real. Between July and August, we had several gifts to buy (2 baby showers, kids' birthdays), personal property taxes, and a few other smaller bills. The cats went in for check ups to the tune of $246. All of these are expenses that cut into the bottom line and we are still learning to plan for. Plus, the interest....oh, the interest....hate it. Our party in late July....that was all us. No justification there.
Student Loans - I have somewhat stuck my head in the sand on that one. We are snowballing Loan 2 right now, but Loan 1....I have been "ignoring" the accruing interest on the loan while we have been on a lower payment. It is up by $111. So the actual balance has now been reflected to show this.
Floating Money - My parents are lazy. They tend to let us figure out birthday presents, Christmas presents, etc. And then they LET us buy it all, and wrap it, and all of that jazz. Eventually they pay us back, but we have to figure out how to pay for it to start with. So, add in another $100 for what we paid for as a loan to my parents. I hear from my mom....I will send a check....and then I have to ask for it. C'mon...they don't have 90 seconds to send me a check??? It isn't about the money....they just don't care that their actions impact others.
So, bottom line....in the past month, we managed to undo 25% of our efforts. I am embarrassed and ashamed of us. I am angry with myself.
And why do I share all of this......because someone has to be the blog that doesn't have it all together! No offense to those that have wonderful stories to share that they got on board with debt repayment and did fabulous. That ain't us. We are really struggling to make this work....and I hope that this shows others that not everyone has it all together.