Happy Halloween Friends! This end of October 2013 Debt Repayment Update won’t be a trick but an extra special treat because it is also my 200th post on this blog!I can’t believe I’ve published 200 posts in 10 months about……debt??? Although to be honest, more than half those posts were just me rambling on and on about other things in my life. Still, who would have thought that my debt would be such an interesting topic to write about?
Remember how September was such an anti-climatic month for me because I paid off the last $805 of my credit card debt to finally be consumer debt-free but didn’t put anything towards my student loans? It was also the first month that I was unable to pay over $1000 towards my debt repayment since I started this journey back in December 2012.
Oh well. That’s just how life goes sometimes.
Good news? October was a much better month for me in terms of debt repayment!
What was different for October?
1) I received a small raise at work that was supposed to have happened in July so my first October paycheck reflected that difference.
2) I received my small quarterly GST (Goods and Service Tax) Rebate from the Canadian Government. Three cheers for windfall money, one extra cheer for it being the Canadian government giving ME back some money!
3) I finally received payment from an advertiser for a deal back in August. GRRRRR.
I think it goes without saying that every single cent went towards debt repayment.
Let’s see the numbers…
September Student Loan: – $43,490.90
End of October Student Loan: - $41,889.21
Which means I put a total of $1,601.69 towards my student loan this month! That’s almost double what I paid the last month!
For November I also wanted to set 2 non-debt related goals for myself:
J and I have noticed that our monthly grocery bill has been out of control lately but we didn’t know how out of control until we added it up and realized we spent over $660 on food for 2 people!!! That’s not even including the few times a month we go out to eat. #Thismuststopnow #PFshame
I’m going to set a goal of no more than $450 a month for groceries.
I’m also going to work out 2 times a week in my condo gym. I need to lose some weight and tone up so I can look and feel good for engagement photos and when I start shopping for a wedding dress!
Two non-debt related goals is what I will start with for now since I don’t want to over-exert myself.
How was your October goals? Does anyone else find it crazy that last month J and I spent over $660 on groceries for two people? Must be all of J’s fancy almond milk…
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