Today is the first day I have felt really, really excited about how soon I’ll be debt-free. By April 1st, I’ll only have $4,000 of debt and, depending on my tax return, could be down to $2,000 or less! Ahhhhhhhhhhh! Ok, ok, time to calm down and talk about some other numbers.
Because $4,000 is my total debt goal for April 1st, I’ve taken the $1,650 I will need to pay to make that happen, divided it by two (for February and March), and that’s why I’ll be putting $825 towards debt repayment this month. Sounds simple enough, right?
As for my savings, this month I’m doing things a little differently: I’m going to put everything I can into my Future Apartment account. This is something I want to take very seriously, for the next month or two, and I’ll explain more about why (other than the obvious) later this month.
My goals for this month are going to look a little different than usual, as well. First, I’m going to attempt another No Spend February; this means no shopping, other than for food, toiletries, etc. But that doesn’t mean I’m erasing my Entertainment budget. I want to explore Toronto a bit more, this month. And then I’m going to continue reading like crazy.
Goals for this month:
- Attempt a No Spend February (Essentials only!)
- Explore Toronto (Walk around, eat a couple meals out, finally go to ROM, etc.)
- Track my weekly spending
- Workout at home 3x per week (Because this is a priority for me, this month!)
- Read 3 books
What do you have planned for this month?