So hard to watch my investments take a nose dive!  On a brighter note - I was able to complete my $1000 emergency fund with the money I'm saving from not doing anything!  Now I will continue with $50 into it biweekly and pour more onto debt!! I do love how Covid is helping us to focus on needs vs wants, and the realization of how many wants I normally fulfill that I shouldn't be.  

March Update:

I paid $697 to debt this month.  This was all scheduled before I was laid off both my jobs in the service industry.  After finding out, I moved one loan from 13.54% to a Citi Flex Loan at 9.99%.  My other loan is still at 0% interest until the end of the year.  From here on out I will just be paying the minimums and avoiding new debt.  

Total paid in 2020: $4,797

Total Remaining:

Citi Loan - $8,170

Private Student Loan - $1,832

During this time, if you are financially able to, please consider supporting all locally-owned restaurants and other small business.  You can buy gift cards and order delivery.  Many of these business have gofundme pages set up to compensate their hourly staff.  These businesses may not survive lengthy closures with little to no income.

Hey guys! I just started using YNAB about a week ago and familiarizing myself with it and it's fantastic!

Here are my current debts:

Credit card: $1,389.94 - just paid off $975.75 so current balance is $432.19

Line of Credit: $9,839.20

Claiming A427.

I'm going to tackle the credit card balance first then I'll work on paying off the line of credit! I'm writing here to hold myself accountable and my debts NEED to go. 

Hi Everyone, 

March check-in.  Managed to pay down $2028.77 this month, bringing me to 29.5% of goal. I'm now three months into superfocus mode and really appreciating the movement on this journey. 

March check-in:  March is my favorite financial month!  In addition to my tax refund, it's when I get my annual bonus.  However, this year it's a chaotic month, as we are in the process of moving to a new house.  I withheld a couple thousand of my bonus as a hedge against moving expenses, deposits, etc.  But we were still able to reduce our debt by $4,374.60!  My credit card balances have blasted their way through previous lows, and things are looking great.

Hi everyone! 2020 has been a bit crazy for me and now things are even more out of whack so I'm just now updating my line on the spreadsheet.

I am making my regular car payments and focusing on paying off my student loans. Since January, my SL balance was about $9000 and as of last week I am at about $7800. Not quite where I want to be because I am now going to continue making regular payments and moving cash into savings for the time being. I will have 3 checks in May so hopefully things calm down by then so I can make extra payments again.

March Check-in

Truck and Car payments were made as planned (minimums, until camper is paid).   Camper was minimum + 1300.  New camper balance:  $21,474.44.  True expenses are still being funded.

Work shift:  Due to Covid-19, we've shifted from hauling retail freight to hauling essential freight for 3rd party shippers.  Our social isolation takes place at home as well as in the truck.

Prayers that the virus will be stopped soon & forever.

March check-in.  Earlier this month, we received a huge bonus that we had been expecting.  As planned, we put over $15,000 on debt.  Now, I am off work due to Covid-19, but my husband is still working and probably will continue.  We are using some savings that we had set aside for vacations this year to make up for my lost income.  There is another savings that we can tap into if necessary, but I surely hope not.  We are so fortunate that we had this set aside.  Part of me wishes I had that bonus tucked aside as a safeguard, but most of me realizes that eliminating the debt is the better freedom.  Especially since we do have some buffer.

Thanks to my work bonus, I was able to pay down my auto loan by $4,700.  If all goes well, I might be paid off by June!

In March we paid $5,331.77 to principal. 

We paid off both cars ($16,496.00 and $10,999.01)

We paid off the last medical bill $2,044.29)

We paid $6,758.47 towards the HELOC

💃🤑Total Debt Payoff in March: $36,612.90  🤑💃

We have the rest of the HELOC and the Mortgage to work on next. 

Onwards...

March Check In

Credit Card: $2,400 - $1,300 = $1,100 (0% interest)

Auto Loan: $3,777.08 - $100 = $3,674.80 (adjusted w/ interest)

Total: $4,774.80 

Happy I was able to pay on my debt with everything that is happening. Hope everyone is ok. 

March Check In

Auto Loan: $11,567.49 - $1,023.21 = $10,544.28

Getting so close to the single digits (in thousands)! My loan is through a credit union and I have been going into the branch to make my principal only payments on top of the auto drafted minimum payments. With all that is going on right now, I was worried that I wouldn't be able to keep making principal only payments because I didn't want to pay the fee they charge for phone payments. I decided to give them a call anyway to determine my options and they waived the fee "given the circumstances"! Every $ toward that debt helps!

March check in - paid about $4100, which included some on my annual bonus (rest going to true expenses like HVAC replacement and prefunding next car so we can avoid another loan). I'm proud of our progress so far this year, but we just got hit with some life this month - husband (secondary income in our house who funded extra payments) is currently furloughed with unemployment and our infant was diagnosed with a milk allergy that will bring unknown ambulance, ER, and allergist bills that will wipe out our HSA early in the year despite starting fully funded. I am so thankful for how YNAB has prepared us, but feeling it's more important to avoid new debts now than getting to be as aggressive on old ones until we get a better idea of our new reality.

March check-in (so far)...  Our vacation (Scotland/Ireland we will come visit you sometime!!!) was cancelled for May so I used the money in my vacation savings to pay down a bit of debt and kept the rest as an emergency fund.  Paid $1,850 so far on cc debt and plan to add more at the end of the month.   

The uncertainty in the world right now is such a huge reality check for why we need to be debt free and have emergency funds/3-6 months of expenses saved up!!! My husband is getting on board with savings finally.  It's too bad it took such worldwide tragedy to open his eyes.

Just getting warmed up, easing back into the whole budgeting thing.  Had to retire early, lost track of things.  I've lump summed all the things i don't want to continue making payments on, so included things are credit cards, car loan, and the mortgage on a rental. Total is about $54k.  My game plan is a 3-year payoff, so 2020 will be about a third of that at $18k.  If I reach my goal in three years, I'll be shopping for a motorhome.  I really, really want a motorhome...  ;-D