Has it really been nearly a month since I last posted on the blog? I cannot believe it has been that long! July has so far been an extremely busy month for me, both at work and in my personal life. Work has been non-stop. My weekends were quite busy too. I got to go to Brussels for work and Paris with some friends of mine. Both trips were awesome and I am a little sad I won’t be going anywhere any time soon.
I still have not posted my end of June debt repayment update but since it is almost August, I did not want to delay it any longer. Let me start by saying that although my priorities have not changed and debt repayment is still my number one priority, I managed to get a little distracted (which is pretty natural I guess as I have been on this mission for quite a while now) and spend some of my spare cash on things that I wanted. I know, I know… but it happens and I am okay with this. Naturally, this has impacted my debt repayments but I am happy my debt is decreasing… slowly but surely! 😉
Let’s look at the numbers for June –
End of May Figure -£5,570
End of June Figure -£4,975
My goal was to get under £5k in June and I am so happy I did (just about but still)! I put £697.00 towards my debt in June, including interest. This converts to approximately 1190 USD and 1275 CAD.
Although I am overly happy to be under just under £5k in debt (I was £14k in debt one year ago!), I am a little sad I will not be able to make another payment at the end of July. The reason for this is that I am taking two unpaid weeks off work to visit my sister and her newborn baby (yes, I am an auntie now! 😛 ). I will not be paid in full at the end of August and I have decided to save any extra cash from my July salary just in case. Once I get paid at the end of August (I am yet to find out how much I will get), I will then decide how much I can afford to throw towards my debt. My aim is to reach £4,5k mark by the end of August. This is not a huge decrease in two months but I knew this was coming when I agreed to have two unpaid weeks and visit my sister and my niece. Family comes first!
I will then have four months to pay off £4,500 if I want to be debt free by 31 December 2014. Plus interest. I am not giving up by any means but it is going to be challenging. Time will tell. My focus is 100% on debt repayment (this means no more trips until 2015) and I am excited to see what the future holds.
I am also hoping to get back to blogging (to me this means posting at least once a week) and catch up on all your blogs too. I try to keep up with my favourite blogs but I’d also like to start commenting again and being more involved. Since I won’t be going out or travelling much until I am debt free, this seems like a great way to spend some of my evenings! 😛
See you around! 😉