Welcome to July everyone.
What an exciting June that was. I had laid plans as best I could, but a home loan annoyance and a surprise surge in requests for informational interviews — including one that just went very poorly — filled my days with excitement.
State of my debt
Let’s take a look at the state of my debt after all that.
The good: I am knocking the stuffing out of that Grad PLUS loan. Also good is the steady progress I’m making on the debt as a whole. $24,000 in six months — while fighting against interest — is nothing to sneeze at.
The bad: That 6.9% loan is getting bigger rather than smaller. This is, of course, as planned, but it’s not pretty.
The ugly: Making payments this aggressively is hard, hard work.
I made a regular contribution to my 401(K) to take my still meager retirement savings from $24,800 to $25,800.
Adding up the two, this brings my net worth to -$114,200. That’s still a very big, negative number, but it’s a $3,800 increase from last month’s very big, negative number of -$118,000.
How I did with my June goals
June Goal 1: Keep food & drink spending to $300: Nope! $431 was the final tally. That’s pretty embarrassing. I did a lot of lazy, stress-eating out while trying to sort out my home loan problems (You’re costing me money and making me fat, Bank of America!). Summer birthdays, friends’ summer engagements, and paying for a surprise expensive dinner during an informational interview, also contributed. Also, more of that amount was alcohol than I’m happy about.
June Goal 2: Pay $2100 toward my student loans: Success! Actually did $2800. This amount was certainly not easy, but I’ve got big plans for this goal for July.
June Goal 3: Run 80 Miles: Why yes; yes I did complete this one, getting up to 81.8 miles for the month after finishing off strong with a 13.1-mile run on the last day of the month. I actually wouldn’t have felt too bad had I not accomplished this, because I’ve been substituting in some other, more social workouts like paddling and climbing — both of which also serve to make me appreciate the “me time” of running more.
June Goal 4: Turn impulse buying into impulse student loan payments: I avoided $190 in impulse buys by tracking them and turning them into extra student loan payments. I actually found it very motivating to know that passed over impulse buys would instead go to paying down debt, so I think I’ll keep doing this.
June Goal 5: Become less terrible at blogging: No, still working on this one. Commenting works, sharing isn’t great, and I’ve decided for now that I won’t use a logo. This goal will be ongoing.
And that’s that! How did you all do with your June goals?