saying a goal in public makes it more doable, right?

[alexseanchai]

I will be debt-free—no student loans, no car loan, no credit card debt, no personal loans, nothing—and ready to move into an apartment all my own on or before October 1, 2015, at which point I will also have at least $1000 in a savings account designated 'emergency fund', at least $1000 in a different savings account designated 'apartment furnishings & sundries', and total savings of at least $3500. I will achieve this without reducing my contribution to my 457(b) account (which does not count toward the $3500 savings) below $50 per paycheck or my contribution to the State Employees' Charitable Campaign below $25 per paycheck. I will achieve this by snowballing payments on my existing debts, moving $50 per paycheck directly into savings, and not spending shit beyond the $50 per paycheck allotted for spending shit plus any excess from the allotments for gas and food, though I will endeavor to put any such excess toward debt and savings equally.

Comments

[rthstewart]

Those are great, GREAT goals. It feels GREAT when you pay off the last of those student loans and the last of the credit card debt. Took me YEARS but wow, it's great when it happens. GO YOU!

[alexseanchai]

Yeah, here goes. I think Mom said I'm a month ahead on what I owe her; I wonder if she'd let me skip paying her in November, 'cause that dollar figure would be a substantial chunk out of the smallest credit card balance.

[embroiderama]

That sounds like an awesome plan. Go you!

[animus_wyrmis]

:DDD Sweet!

I'm in the same boat (student loans and car loans for me, also that whole real savings thing), and it is reeeeeeally rewarding and gets, idk, like momentum.