Well, i have been at war with my credit card debt for a while now. i have made some big strides and changed my habits to prevent the same disaster from happening again. however I still have a decent chunk of debt to my name and I seem to be having trouble paying it down.
My main issue lies in the fact that i dont have a job...duh...well, i am working at this exact moment but it wont last beyond next week most likely...so...yeah
anyway, besides minimum payments, i havent made an inch of headway in my goal to be debt free. the tax return i will be getting before long will play a part in this, but until then...not much progress to be reported. i even had to take what little i had stashed away for emergencies to pay the bills...so...here is where i sit at the moment.
Credit card debt : $7231 (last month was $7316)
Emergency fund : whatever change i have laying around...so basically $0
But despite this dismal report, i would say things are looking up...long term at least.
I will have my tax return and i intend to spend AT LEAST $1000 of it straight to my debt and more if i can, my car needs repairs so it comes first. so that will be a good dent. not a mortal blow, but a good flesh wound.
Also, i sent in my last car payment this month, so that is another $350 a month that i don't have to pay out. We also got our Comcast bill dropped to about half of what it was. and my insurance dropped a bit. so, in the long run i might start to make some progress. but this month...not so much.
To those of you in my position, stay strong! there is a light at the end of the tunnel, sometimes its just a little dim...