I can finally start putting a little money in savings without breaking the budget. Once I get us back up to a bit of a cushion, I guess the trick is to start paying down the car faster. Well, of course, we haven't seen one bill from the student loan folks yet either, but we will this year. I'm not enrolled this semester, and by the time June rolls around we'll have the double whammy of student loans and questionable income. Though, for right now, I'm going to revel in the fact that I don't owe visa a dollar.
Wednesday, January 30, 2008
Poor accounting winfall
So, I have in the past purposely fouled up my accounting. I would enter $20 in the register when I really spent $17.63. My goal was to make sure that I always had a buffer, and so that I would never be without gas money or the like. Well, I guess that practice really added up. In fact, it added up to about $100 more than L and I owed on our credit card. So, I have traded extra security and liquidity for less debt. I've paid off our last credit card, leaving us still heavily in debt, but with more manageable debt. We still owe on the car and the student loans.
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