August Net Worth Update
Alrighty. This was drafted at a ridiculous hour, so pardon me for poor thought processes.
The main thing is that August was a three paycheck month. I’m holding a lot of extra cash right now and frankly, it’s skewing the numbers. My car’s valuation came from the county assessor’s office. I still have a lowball valuation. They think it’s worth $5,550, but they haven’t seen the dent from the hit and run. Somehow, the market rebounded slightly at the end of the month to put me over the $50K mark. That’s nice. Kind of nutty if you ask me. I missed my goal by $453.29.
I am barely making a dent in the credit cards. GRRR. Since I’m taking an extra day off of work this week, I am going to close a languishing credit union savings account and throwing that money at my credit cards. I should have done it a long time ago, but for some reason I was sentimentally attached to the credit union for giving me a credit card consolidating loan all those years ago. For a long time, this $400.00 represented all the savings I had. It was my mini-emergency fund. If I really needed it, I’d have to run to Baltimore to go get it. Well, that day is here. I’ll have to adjust the Save-O-Meter, but the Debt-O-Meter will get adjusted as well. (After all that transferring around is done.)
I need to stop being so emotional about money and get this debt paid off. That’s all there is to it.
marylandterps wrote:
I wouldn’t drive to Bmore to close the account. Either call them or go online & have them mail you a check. Save the gas & enjoy your day off.
Posted on 05-Sep-07 at 4:05 pm | Permalink
mapgirlsfiscalchallenge wrote:
Nope. I loved the drive. I got to visit town and see all the changes. Waiting for them to mail me a check would only cost me interest and have none of the relaxing fun of visiting Charm City. I had a fabulous day burning up petrol and cruising on the BW Parkway (headed North) and GW Parkway (headed South).
Posted on 05-Sep-07 at 4:43 pm | Permalink
Single Ma wrote:
I can sense emotion as I read the latter half of this entry. Kudos to you for getting serious about your debt reduction.
Enjoy your day off.
Posted on 05-Sep-07 at 4:45 pm | Permalink
Ms. M&P wrote:
It looks like you’re doing really well! I’m on the credit card debt reduction train, and I’ve been surprised at how quickly it’s gone. I mean, there are days that I wish the progress would speed up, but there are so many good things about what it’s taught me…anyway, I know you already know this!
ps I figured out that if I use firefox, I can post
Posted on 05-Sep-07 at 7:14 pm | Permalink
paidtwice wrote:
It is so hard NOT to be emotional about money. Congrats for taking charge and getting things done!
Posted on 10-Sep-07 at 12:33 am | Permalink