Chicky Finance

Discovering what it takes to say "NO" to spending "YES" to saving

PROGRESS

Hello everyone! Welcome to Chicky Finance! I started this blog in mid January after reading several PF blogs; I got so motivated that I decided to share my "not so smart" mistakes and hope that someone else can learn from my miscalculations at the same time witness my journey of becoming debt free! More

DEBT-O-METER

CC Start 1/12/08: $25,970

CC Debt 11/15/2008:$16,450
Car Loan Start: $27,540
Car Loan 11/15/08: $18,434
IRS: $5000
Current IRS:$4,900
Thanks God no Student Loan!

My Bi-Weekly Budget for April- Part 2

I know I am so late to post April budget for second payperiod but it is still better than never posting, right? The One of my 2008 goal was to open retirement saving account so I opened Roth 401K through my company. Since my contribution is 10%, this period I've felt the impact on my paycheck.

My income for this period $1,356.
*$654- Painful car payment (paid)
*$100-Gas for two weeks
*$20-my co-worker's BD this month (paid)
*$150- towards CC#3. My plan is to pay off CC#3 by mid May (paid)
*$100- Grocery
*$60 Gym-I've already cancelled my membership, therefore this should be the last time I'm paying for it. (paid)
*$29 Cell phone- after I changed my plan, cell phone dropped from $70 to $30 (paid)
*$167- Roth 401K (paid)
*$76- Misc. Entertainment, lunch
Total: $1,356
Income:1,356
Difference:"0"

So far seems I am doing ok. I still have $60 for gas, around $100 in my checking. BTW, today after I came from work, I went running but after only running 1,5 mile, I was out of breath :( 5K is 3.2 mile. *sigh*I have 5 more days to go for my first 5K!

1 comments:

  1. Jim ~ mydebtblog.com said...
     

    I'm hyperventilating over your $654 car payment! Glad you're getting your monthly costs down on the gym (thought about nixing mine too) and the cell phone. Don't wear yourself down too much with running too hard before the 5K. It's not about being able to do it as much as it has to do with endurance to finish it. Good luck with training for that too.

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