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The New Plan

August 19th, 2009 at 03:00 pm

Yep, life keeps getting in the way. My husband called from work at 8:45pm last night, with a dead car battery. He works 30 minutes away, but we bailed him out anyway! Wink

The battery was only 1.5 years old, so we get a credit on that. While he's getting the new battery, he decides the car does need an oil change and the transmission fluid flushed (this alone is $150!). I haven't heard the total yet.

As Boo commented on my last post, sometimes it is best just to focus on getting rid of the debt rather than within a set period of time. So, here is the new plan.

I will pay for my daughter's braces on August 28th in full. This saves us $189.05. The total is $3,591.95! I currently have $953. Of course, this is going to be less after the above mentioned car maintenence. Ugh!! The remaining money will come from our emergency fund. I know...it's not a true emergency, but I don't want to add more debt. Luckily the US Army provides my husband a stable job, so no worries there.

Since, the money is coming from the emergency fund, our first priority is paying this money back to ourselves. I hope to have this completed by the end of October. But if it happens later...so be it, right Boo?

Once we have paid ourselves back, we will turn our focus back to the home equity loan. I can't wait! Even though I've estimated when I think we can pay it off, I'm going to let the chips fall where they may.

While on this journey, I'm going to increase my focus on things I can sell on ebay or consignment stores. I'm going to do as many surveys as possible. I'm going to reign the spending in as well. We do pretty good with the spending...but I'm going to make an extra effort!!

That's the plan. I guess it's time for another ticker!

1 Responses to “The New Plan ”

  1. frugaltexan75 Says:
    1250719558

    Sorry to hear about your husband's car battery. I can understand how when you have it in the shop anyway, may as well get b and c and d done at the same time. It adds up.

    I think you've got a good plan on dealing with braces/ef payback/debt. As long as you are keeping an eye out on things and keeping to a basic plan, you will eventually see forward progress towards the ultimate goals. Smile

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