
Kinda looks like my Dad
Well here it is July 21st, and it’s about time I gave an update on how my budget is going.
As I posted back in June, I was 12.07 months from being out of debt at that time. I am extremely happy to say that I am now down to 9.85 months. What I’m even more happy about, is that a very expensive month is almost over with for me (lots of birthdays, anniversaries, etc).
The way I did it wasn’t any big secret actually, I simply cashed in some of my accumulated (6 months) of stock options and put it down on my line of credit. I still have the winter car that I have to sell, as well as rental income which comes in at the end of the month so I expect with those two things, I will be getting very close to my goal of positive cash flow by year end!
Since I’ve started tracking this on May 20th, I am down a very impressive 22% of the debt I want paid off. With no real set-backs in the foreseeable future.
I must admit that I haven’t stuck to my budget as much as I’d like to, however it has definitely made me more aware of where my dollars are going, and also made me try to find alternative ways to entertain myself on the cheap. I’ve gotten a number of books read, had beers with the neighbours countless times, used my firepit in the back of the house, done a lot of gardening, etc. The best part about it is that I’m really enjoying all of those things.
So I’m saving money, and enjoying my time just as much if not more… I like it. See you next month budget… I’m going to kill you soon debt!
