Saturday, February 27, 2010
My Debt Roundup - March 2010
This month my debt was reduced by $ 2, 456 to $20, 850. A few posts earlier, I wrote about changing jobs. It happened this month and finally I got my first paycheck after 2 months. The pay looked better in the offer letter but translated into just a couple of hundred dollars more in the actual paycheck. It shows we (maybe just I) generally anticipate higher future income. The expectations are not necessarily bad but racking up credit card debts on an anticipation of higher income isn’t a smart move. My debt payments look still farther after getting a new job. Even if I just spend money on rent and eat PBJ sandwiches every meal, it would still take me more than a year to pay off my debts.