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!

Debt-O-Meter Update

This is my favorite, updating Debt-O-Meter! I am still expecting $1,200 stimulus check so I should be updating the numbers soon again. Although I update debt-o-meter every pay period, last time when I listed my detail lovely debt was in February.
The last time picture was like this;
CC#1: Paid off
CC#2: $300 interest %19
CC#3: $850 interest %13
CC#4:$3,614 interest %0
CC#5:$4,177 interest %0
Loan: $14,625 interest %12
Sister: $400

Now updated one as of May 2008;
CC#1: Paid Off
CC#2: Paid Off
CC#3: $850 interest %13
CC#4:$2,450 interest %0 ( paid off $1,164 in 2 months)
CC#5:$4,076 interest %0 (decreased 0nly $101)
Loan: $13,970 interest %12 (-$625 towards principal)

Total CC: $21,346 since I started blogging I've paid total of $4,624. My plan is to pay off CC#3 and partially CC#4 with $1,200 stimulus check.

Sister: $300 ( paid off $100 through helping her out with her business idea)

1 comments:

  1. Canadian Saver said...
     

    Wow, your stimulus check is really going to help!!

    Once you pay off debt #4, can you transfer some of your loan on there? I can never get 0% offers in Canada, you're lucky to have 2 of yours at 0%!!

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