End of November 2013 Debt Repayment Update

Photo Credit: Alan Cleaver via Compfight cc Happy December Friends! I’m really excited about November’s update because I ended up putting more towards my debt repayment than anticipated. Don’t you love it when that happens? So how did I do it?Procrastination of course! (Bet you weren’t expecting that answer ;))

Let me explain…

For November, I had hope to have finished or at least freaking start my Christmas shopping but since that didn’t happen, I had all this extra money left over at the end of the month that I just put towards debt repayment.

Who said procrastination was a bad thing? :P

I’m a strange Girl in that I don’t like to keep any money in my chequing account at the end of each pay period. If there’s anything left in my account the night before I get paid next morning, I transfer it all towards debt repayment so that my account is at $0. I guess this is kinda/sorta like zero-based budgeting, aggressive debt repayment, GMD style. ;)

Don’t worry, I will have money next month for the Christmas presents!

Now let’s see the numbers for this month…

October Student Loan: – $41,889.21

End of November Student Loan: - $40,397.53

Which means I put a total of $1,491.68 towards my student loans for November!

I’m probably going to jinx myself but since I like to live life on the PF edge, I’m going to say that I’m on track to reaching my goal of being under the $40,000 debt mark by the end of 2013!!! I only have to put a minimum of $400 in December for that to happen. Remember when I started this journey not even a year ago and I was $57,458.94 in the red??? Sometimes I have to pinch myself to make sure I’m not dreaming and wake up to find myself with almost $58,000 of debt again.

I also had 2 non-debt-related goals in November and they were to spend no more than $450 a month for groceries. PASS (Barely). This goal was much more difficult than I had anticipated but J and I are just happy we didn’t spend over $660 on groceries like we did in October. 

I was also supposed to work out 2 times a week in my condo gym. FAIL(ish) I was doing so well for the first 3 weeks and then that dreaded one week came and I think all you ladies know what I’m referring to. I just felt so blah but that’s still no excuse. December probably won’t be the best month for working out and losing weight but I will do my best to do something active everyday.

For my December non-debt-related goals/plans I want to:

- Go see the bright twinkling Christmas lights at Stanley Park and VanDusen Botanical Gardens here in Vancouver

- Have a frugal, sugar-filled, nostalgic date night making gingerbread houses

- Keep my Christmas budget under $500

- Spend no more than $450 a month on groceries

- Not gain any weight over the holidays but I’m realistic in knowing I probably won’t lose any weight either

- Finish Sophie Kinsella’s Wedding Night novel – I’ve been reading it forever

I hope you all had a great November and I can’t wait for December fun! Oh ya did I forget to mention that my One Year Blogiversary is coming up next week? Girl Meets Debt will finally reach that one year milestone. Be on the look out for a super cool giveaway for one lucky GMD reader. :)

Image Source: Alan Cleaver via Compfight cc

59 Comments on End of November 2013 Debt Repayment Update

  1. BritneeNo Gravatar
    December 1, 2013 at 8:18 am (5 months ago)

    Congratulations on your $40K goal!! I have set my Christmas budget to $500 for this Christmas.

    Reply
    • Girl Meets DebtNo Gravatar
      December 1, 2013 at 10:18 am (5 months ago)

      Thank you Britnee! Let’s hope we both stay within our Christmas budget!

      Reply
  2. JordannNo Gravatar
    December 1, 2013 at 8:30 am (5 months ago)

    Congrats on almost getting to 40k! 17k in debt repayment is no freaking joke, you should be so proud of that. Looking forward to your year end recap of your debt repayment.

    Reply
    • Girl Meets DebtNo Gravatar
      December 1, 2013 at 10:21 am (5 months ago)

      Thanks Jordann! I’m looking forward to forward to writing my year end debt repayment recap!

      Reply
  3. Budget and the BeachNo Gravatar
    December 1, 2013 at 8:42 am (5 months ago)

    That one year milestone is big! Nice job on the debt repayment!! I always hate exercising that week but I feel SO much better when I do. It’s like flipping the bird at PMS. :) Of course I negate everything by finding any chocolate I can get my hands on!

    Reply
    • Girl Meets DebtNo Gravatar
      December 1, 2013 at 10:26 am (5 months ago)

      I’m so excited about my one year blogging milestone! :) I always feel so much better AFTER working out during that week but it’s the BEFORE I struggle with like getting motivation to get my butt down to the gym. :P

      Reply
  4. AliciaNo Gravatar
    December 1, 2013 at 8:43 am (5 months ago)

    Awesome progress GMD!! Will your budget be tight this month then if you threw all that money for Christmas gifts on to your debt? I have faith you can reach your $40k by December 2013 no problem. What a way to start the new year!

    Also, I found working out during that certain time made me feel a heck of a lot better. It sucked getting myself in gear to go, but once I was at the gym, and especially after, any of those body side effects like cramps just basically didn’t exist. But I definitely bailed on a lot of gym times before I realized that :)

    Reply
    • Girl Meets DebtNo Gravatar
      December 1, 2013 at 10:31 am (5 months ago)

      Thanks Alicia. No my budget won’t suffer because I threw some extra money at debt repayment in November. It just means that I will have a more “relaxed” debt repayment month in December..unless I come across some windfall money! I’m really looking forward to starting 2014 with under $40k!

      As for the working out during that week, I just need to get over my laziness. If only I had the same motivation for working out as I did for paying off debt! ;)

      Reply
  5. cjNo Gravatar
    December 1, 2013 at 8:47 am (5 months ago)

    Wow! That’s super inspiring and wow! Awesome about procrastinating being so useful. Way to go! made me smile.

    Reply
  6. Little Miss MoneyNo Gravatar
    December 1, 2013 at 9:16 am (5 months ago)

    Congratulations! Can’t wait to congratulate you again at your 1 year milestone! Such a huge amount already! Yay!! :)

    Reply
  7. Dee @ Color Me FrugalNo Gravatar
    December 1, 2013 at 9:25 am (5 months ago)

    Congrats on almost being under $40k in student loans! That’s awesome- $17k in debt repayment in one year is definitely something to be proud of!!

    Reply
    • Girl Meets DebtNo Gravatar
      December 1, 2013 at 11:12 am (5 months ago)

      Thanks Dee! I am pretty happy with my progress this year. Hopefully 2014 will be even bigger and better for debt repayment!

      Reply
  8. MichelleNo Gravatar
    December 1, 2013 at 10:27 am (5 months ago)

    Can I come over for your sugar date night? I mean that in a totally not weird way. I just love gingerbread and my husband hates it! I picked the wrong guy!

    Reply
    • Girl Meets DebtNo Gravatar
      December 1, 2013 at 11:12 am (5 months ago)

      The more the merrier when it comes to making gingerbread houses!

      Reply
  9. Dear DebtNo Gravatar
    December 1, 2013 at 10:38 am (5 months ago)

    Wow, that is so awesome! I need to post my end of month update soon too. Didn’t quite meet my goal, but still good considering this month was kinda crazy and slow for side hustling. You put a lot towards debt this month and are so close to being under 40!! I can’t wait for the day too.

    Reply
    • Girl Meets DebtNo Gravatar
      December 1, 2013 at 11:13 am (5 months ago)

      I’m looking forward to reading your end of month update Melanie!

      Reply
  10. moneystepperNo Gravatar
    December 1, 2013 at 11:20 am (5 months ago)

    Great progress again – a big milestone to reach before the end of 2013! Good stuff!

    Reply
    • Girl Meets DebtNo Gravatar
      December 1, 2013 at 3:56 pm (5 months ago)

      Thank you moneystepper! Good stuff indeeed. :)

      Reply
  11. writing2realityNo Gravatar
    December 1, 2013 at 12:51 pm (5 months ago)

    Great progress GMD! Sub $40k will be no issue given the tremendous progress you’ve been making this year! Can’t wait to see what your goal is for next year!

    Reply
    • Girl Meets DebtNo Gravatar
      December 1, 2013 at 3:57 pm (5 months ago)

      Thank you! I’m really looking forward to 2014 and attacking this debt with even more motivation!

      Reply
  12. Hayley @ A Disease Called DebtNo Gravatar
    December 1, 2013 at 1:02 pm (5 months ago)

    Fantastic progress GMD! Now you’ll be able to enjoy your Christmas shopping safe in the knowledge that you made such a hefty payoff in November. I’m hope you’ll be able to get below the $40K mark just in time for Christmas, what a great present that would be! :)

    Reply
    • Girl Meets DebtNo Gravatar
      December 1, 2013 at 4:01 pm (5 months ago)

      Getting below the $40k mark would be a wonderful Christmas present to myself. :)

      Reply
  13. KatyNo Gravatar
    December 1, 2013 at 1:24 pm (5 months ago)

    Gotta say, I kinda like the idea of sero-ing out the account before the next paycheck and putting it all towards debt! I think I would be a bit afraid to do it the first few times though… all those darn ‘what ifs’ that creep in…

    Great job on kicking the debt!

    Reply
    • KatyNo Gravatar
      December 1, 2013 at 1:25 pm (5 months ago)

      And that should say zero-ing…maybe I just made up a new word. sero-ing..pft, I don’t know! Haha.

      Reply
      • Girl Meets DebtNo Gravatar
        December 1, 2013 at 4:07 pm (5 months ago)

        I have “what ifs” creep into my mind too so that’s why I wait until I am safely in my house, right about to go to sleep before I transfer all the money over and I wake up the next morning with my new paycheck deposited.

        Reply
  14. GinaNo Gravatar
    December 1, 2013 at 2:04 pm (5 months ago)

    Wow! Congrats on putting so much toward your student loans in November! It sounds like you’re making great progress, and you’ll definitely be under $40,000 by the end of the year! :D

    Reply
    • Girl Meets DebtNo Gravatar
      December 1, 2013 at 4:17 pm (5 months ago)

      Thanks Gina! I sure hope I will be under the $40,000 by end of year! :)

      Reply
  15. annaNo Gravatar
    December 1, 2013 at 4:00 pm (5 months ago)

    WOW, great job, girl, not only with November’s repayment but with what you started out with last December to where you’re at now – amazing!! I love the idea of the gingerbread houses, as well! Looking forward to celebrating your one year anniversary next week, you rock, my love! xo

    Reply
    • Girl Meets DebtNo Gravatar
      December 1, 2013 at 4:18 pm (5 months ago)

      Thanks Anna! I AM SO EXCITED TO CELEBRATE MY ONE YEAR BLOGGING ANNIVERSARY!!! Can’t ya tell? :)

      Reply
  16. RebeccaNo Gravatar
    December 1, 2013 at 4:02 pm (5 months ago)

    Wow! Congrats on paying off over $1400 on your debt last month. I wish I could claim the same (maybe this time next year?) Keep going-you’re making great progress on your debt :) I love Sophie Kinsella, but I could not finish Wedding Night (I had some small pet peeves with it).

    Reply
    • Girl Meets DebtNo Gravatar
      December 1, 2013 at 4:20 pm (5 months ago)

      Wedding Night is definitely not one of Sophie’s better novels. I have some pet peeves with the characters as well.

      Reply
  17. MackenzieNo Gravatar
    December 1, 2013 at 5:22 pm (5 months ago)

    Wow, you are rockin’ the debt repayment!! Great job :D

    Reply
  18. Kasey @ Debt PerceptionNo Gravatar
    December 1, 2013 at 7:50 pm (5 months ago)

    You’re well on your way to blowing $40k out of the water before the years’ end! w00t!

    Reply
  19. Holly@ClubThriftyNo Gravatar
    December 2, 2013 at 5:07 am (5 months ago)

    Great job paying off so much of your student loans!

    Reply
    • Girl Meets DebtNo Gravatar
      December 2, 2013 at 7:53 am (5 months ago)

      It’s so much easier with only one debt now!

      Reply
  20. Laurie @thefrugalfarmerNo Gravatar
    December 2, 2013 at 5:12 am (5 months ago)

    You’re kicking it, girlfriend – keep up the good work!!! Amazing. :-)

    Reply
    • Girl Meets DebtNo Gravatar
      December 2, 2013 at 7:55 am (5 months ago)

      Thanks Laurie! I’m kicking that debt as hard as I can! :)

      Reply
  21. Done by FortyNo Gravatar
    December 2, 2013 at 8:14 am (5 months ago)

    GMD, I know I said I’d be accountable with you and also work out twice a week. But as soon as I left for the vacation, that stopped. I haven’t done anything besides hiking in more than 2 weeks.

    Oh well, new month, new opportunities!

    Reply
    • Girl Meets DebtNo Gravatar
      December 2, 2013 at 9:06 am (5 months ago)

      Glad to hear I’m not the only one who slacked in the work out department. We will both do better next nonth. If not, there’s always another month after that. ;)

      Reply
  22. LNo Gravatar
    December 2, 2013 at 12:32 pm (5 months ago)

    Awesome job as always!! The bf and I will also be making ginger bread houses and watching Christmas movies. Enjoy!!

    Reply
    • Girl Meets DebtNo Gravatar
      December 2, 2013 at 1:54 pm (5 months ago)

      Cheesy holiday traditions are my favorite. :)

      Reply
  23. EmilyNo Gravatar
    December 2, 2013 at 1:05 pm (5 months ago)

    Congrats on the awesome dent in your debt that you made this month! This is very inspiring and helps keep me motivated – especially towards the end of the month when the debt repayment doldrums set in. Here’s to an awesome December!

    Reply
    • Girl Meets DebtNo Gravatar
      December 2, 2013 at 1:55 pm (5 months ago)

      Thank you Emily. I hope you have an awesome December with debt repayment and other parts of life too. :)

      Reply
  24. Kali @ CommonSenseMillennialNo Gravatar
    December 2, 2013 at 1:19 pm (5 months ago)

    As always, you’re doing amazing with kicking your debt down! Good luck with your December goals (especially the one about going to see the Christmas lights – one of my favorite seasonal things to do!)

    Reply
    • Girl Meets DebtNo Gravatar
      December 2, 2013 at 1:56 pm (5 months ago)

      I will always love seeing Christmas lights, no matter how old I get. :)

      Reply
  25. Mrs. SnarkfinanceNo Gravatar
    December 2, 2013 at 4:04 pm (5 months ago)

    Wow what a great achievement, Congratulations! I’ve been working overtime to try and pay extra on my student debt.

    Reply
    • Girl Meets DebtNo Gravatar
      December 2, 2013 at 4:34 pm (5 months ago)

      That’s awesome that you are working overtime to help pay off your student loans faster. Way to hustle. :)

      Reply
  26. KK @ Student Debt SurvivorNo Gravatar
    December 2, 2013 at 6:46 pm (5 months ago)

    I’m totally intrigued and excited to hear more about this gingerbread date! I loved to make (well decorate) gingerbread houses when I was a kid. I loved eating all the candy more!

    Reply
    • Girl Meets DebtNo Gravatar
      December 2, 2013 at 7:12 pm (5 months ago)

      Hopefully I remember to take pictures of the finished gingerbread house before we eat it! :P

      Reply
  27. E.M.No Gravatar
    December 2, 2013 at 8:41 pm (5 months ago)

    Your progress has been so great, I am sure you’ll be able to get under $40k this month. Way to start the new year off! I’d love to make gingerbread houses, but I’m not sure my boyfriend would be excited for that. He’d probably end up eating everything before we got around to making the houses. And I totally think that blah week is a good excuse – I hate it when it halts all my plans for being active.

    Reply
    • GMDNo Gravatar
      December 3, 2013 at 8:15 am (5 months ago)

      We are making the gingerbread house Wednesday night but J has already ate half the candy lol

      Reply
  28. Lisa E. @ Lisa Vs. The LoansNo Gravatar
    December 4, 2013 at 10:32 am (5 months ago)

    I think you can totally get to under $40K before the year ends. You go Girl!

    Btw, my friends and I refer to that week as the week that “Auntie Flo” comes to visit. Hahah!

    Also – every time I try to hit the share to Twitter button, the pop up that comes up is your post, not the share to twitter screen :(

    Reply
    • GMDNo Gravatar
      December 4, 2013 at 10:42 am (5 months ago)

      Thanks Lisa! Auntie Flo sure is annoying! I’ll look into the twitter thing. Thanks for letting me know!

      Reply

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