Today I decided to take a look at our year end summary for Discover. I was amazed at the numbers, as you can see we spent close to 9,300 dollars from March 2008 to February 2009. We paid it all back but we don’t make a lot of money so this makes no sense. Keep in mind we spent the last 12 months paying down 2 Citi cards, Best Buy and furniture.
As we become credit card debt free we been talking about going back to blow money allowance every 2 weeks, maybe $200 dollars each, $400 total for both of us. As you can see from my Twitter updates, our money spending is out of control and after looking at the Discover numbers above I’m speechless…
I wonder what Suze Orman would say LOL
HS
3 comments:
$100 blow money a week? Wow, that's quite some allowance...
Jane,
That comes out to $50 a week each. I try to bring my lunch but a lot of times I have to eat with clients or other consultants so that's what that money is for. For the wife the money is for lunch/happy hours/hair/nails etc.
HS
I guess I could relate to the $100 a week as certain budget items would fall under that. Even though it's money for random stuff, it still 'budgets' those month to month things that come up. So you're $518 away from debt freedom? Sounds like you'll pull it off next month.
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