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Update: Mr. and Mrs. Micah continue to get organized

I was just reading No Credit Needed’s post about getting organized. It sounded a lot like what Mr. Micah and I are up to as we rectify our financial situation.

So, a quick update on how we’ve been arranging things and making good on our plans.

First, we’ve been carrying out our repayment plan for the credit card–$100 for the first month and $250 thereafter. Mr. Micah paid the $100. He also paid the car loan, which we’re paying at $10 more than necessary…not much, but a little bit adds up. Meanwhile, I’ve set up reminders through my Google calendar to e-mail me in time to pay the bills that are my responsibility. Come to think of it, maybe I should add one for the utilities, which we always seem to do last-minute.

Ok, did that.

Second, we’ve been working within the budget. It makes me feel a bit limited but also free. Mr. Micah and I have spend $40 on dates and I don’t have to worry. It’s much better than thinking “Ok, is this spending too much?” If we’ve exhausted the date budget then it’s just time to take a walk. I love our walks anyway.

In a somewhat less organized move, I designated any birthday money as free money (though I’m going to track it so that I don’t overspend). So far I have $50! Sure, some say that you should use it to pay off debt. But I see it as a reward for designing a budget where about $500 goes to paying off debts each month and another $500 goes into savings. I think that’s what the givers would have wanted anyway.


Anonymous September 11, 2007 at 10:47 pm

My bills eat me alive too but, I do my best to pay more than the minimum. That is the key to getting rid of the debt. Mary Hunt has a great deal of books and a web sight that helped me. I was $250,000 in debt 15 years ago. I got that down considerbly. You can too with your creativity you have exhibited on your great blog.Kudos to you!! Annette

NCN September 11, 2007 at 10:53 pm

Thanks for the link… I’ve added your ‘reaction post’ to the list…
Keep it up and good luck!

PiggyBankBlues September 12, 2007 at 2:24 am

aw, you deserve the reward. money is there to help us live better, and yes managing it is essential, but so is taking your birthday bucks and and using them as a gift should be used. for your instant gratification!

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