General Goals 1) to be debt free in 3.5 years 2) save lots of money

Wednesday, April 6, 2011

Life Before Pay day

I started a post earlier about how frustrating my mom makes me when it comes to money. However in between starting it and finishing it I went to see my sister play her semi-final hockey game. My sister's team won the game but I swear I almost had a heart attack 5 times. It was a close game. And while I am still frustrated with things and the post will likely still be relevant later down the road, its not necessary right now.

If you remember my latest Weekly Spending Recap I had a lot of No Spend Days. I have a confession, the reason for so many of them and for the number I will have this week is because My chequing account has a ZERO balance. As a result there will be no snowflaking this pay because there is nothing left of this pay. At first I was really worried about how I would get through a week with no money. But the truth is, I still have all my savings in tact and I have survived the experience. I was very open with my friends that going out and spending money was not an option and for the most part they understood, some better than others.

I am looking forward to pay day because I want to dump money into my line of credit. But more than anything I am looking forward to my tax return. Today on the bus ride home I realized that with my tax return I have the potential of reducing my debt and bumping up my savings by a total of $2500. This is the most exciting prospect and I am anxious to get started. So bring on the savings and the debt reduction, my sleeves are rolled up, ready to go!!

3 comments:

  1. Great attitude! Hope your tax return comes in soon - what a boost that will give you. You're doing great!

    Sarah

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  2. Yes, there's nothing better than a juicy refund cheque. One year I got to put $2700 on my LOC and that was just the BEST feeling! I love to think about all the possible combinations of where to put the money - I think the anticipation is almost better than the actual dispersal - the anticipation lasts for weeks, the dispersal mere minutes:)

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  3. Ya I know I have been waiting for this thing since last month... I want to pay bills and get stuff done with it!!! waiting is painful!!

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