Happy Valentine’s Day to ME. This year, I’m in love with my debt payoff.
This month, I’m able to make a whopping $5,420 payment!
Here’s how it breaks down:
$4,180 – Primary Contract Job Income
I work 36 hours a week for one company, but only for eight weeks. Once the eight weeks is over, then my hours reduce to 10 a week. So, I’m fortunate to have the income from the eight weeks to throw at the loans while I can.
$500 – Closed Out Small Savings Account
I kept $500 in a savings account that attached to my checking account. It earns a penny here and there in interest. No. I cleared it out to speed up this process. Once these loans are gone, I’ll stuff savings accounts full of $500 all I want. In the meantime, if it can help eliminate this debt, then I’ll use it.
$300 – Banking Bonus
I opened a new checking account with a new bank and had one of my paychecks direct deposited into it. After the first deposit, the bank gave me $300 within ten days. I have to keep the account open six months after receiving the bonus in order to keep it, but I don’t anticipate that being a problem. I like it. It’s already made a difference in how I handle some of my bills.
$383 – Contract Job Income
I happened to use this particular contract job to direct deposit the paycheck into my new checking account. The total would be more, but I had to purchase a plane ticket for a work conference – for which I’ll get reimbursed after the conference.
$32 – Training for Upcoming Side Hustle
I had to do some online training and testing for a side hustle that will start sometime in March. I was paid $11/hour to train and test for certification. I’ll get paid $13/hour for the side hustle, and it all happens online. I’m looking forward to it.
$25 – Rolled Coins
I’ve been throwing loose change in an antique water bottle for a few years, and I decided to see what I had in there. I was able to roll up $25 for my cause.
Total Payment = $5,420
I was hoping to sell a few things on Craigslist this month, and be more proactive about posting some stuff to Ebay, as well. I’ve got a Craigslist buyer who has changed times and dates on me six times in the last three weeks. I’m not relying on that buyer, but she is the only one to contact me about the item. It’s not too much of a hassle, but I would love to have that extra income to add to the pot.
Anyway, I’m seeing progress, which is nice. So. Frickin’. Nice.
Image source here.