How much DEBT did we pay off in May & June?

MayJuneDebtPatyoffHello all! I am finally back.

I want to be honest. I finally hit that point (after a year and a half of focusing on our finances) where I was tired of all things finance. I didn’t want to read about them, I didn’t want to write about them, and I absolutely did not want to manage them.

Well I didn’t read about them and I didn’t write about them. However, I still taught about them (I am teaching Dave Ramsey’s Financial Peace class at my base) and I still continued to manage them.

It wasn’t until a gentleman I am in training with came up asking about my debt and for advice that I remembered why I am doing all of this. Not only do I want to get out of debt, I want help others realize they can too!

I want to start by catching up on the last two months and letting you all know how much we have paid off in May and June. It wasn’t nearly as much as we were able to do in the early months of the year, well May wasn’t. June was still decent. It was still a good amount nonetheless!

Debt Pay offLets get right to it then.

How much debt did we pay off in May??

$3,054.95

How much debt did we pay off in June??

$4,754.95

 

May has been our lowest month of the year. The June amount is what I am hoping to average monthly for the rest of the year!

DebtMayJun16

The biggest contribution to the low amount of debt paid off in May was our investment into motorcycle gear. We spent about $1300 on helmets and jackets for both Cory and I. Necessary? No. Worth seeing my husband be happy that he can finally ride his motorcycle through Italy? Yes!

Italy is truly beautiful and being able to see it (safely) from a bike is  amazing.

Biggest change in the last two months

Speaking of Italy, I am sadly not there for the next 3 months. A couple weeks ago I arrived in Texas for training.

Downside of being in Texas… it is hot and there are a lot of bugs. This training will put us at us at 11 months apart in less than 24 months.

Bright side of being in Texas… more money to pay off this pesky debt.

I am making $35 dollars a day during the week and $18 dollars a day on the weekend. This is to help pay for meals as I don’t have a full kitchen in my hotel room. Lets see how cheaply I can eat, so we can put more towards debt!

Goals for July

  • Post more on the blog! At least two posts a week.
  • Spend $200 or less on weekday meals (weekend meals will fall under entertainment)
  • Workout at least 5 days a week

2 Comment

  1. It’s amazing what can grow wearying. I’m glad that you are back to writing so that the rest of us can be inspired.

    1. Erica says: Reply

      I am glad I am back, too! I am looking forward to catching up on your blog 🙂

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