Well, I’m still chippin’ away! My goal for February is to pay down a big chunk of debt on my credit card, and while I’m not there yet, I have paid most of my bills for the month, and we’re only halfway through the month. I am hoping to take a couple of huge wacks at it in order to make my goal, but for now, I am slowly chipping away at it. I’ll let you know if I made it or not once the end of the month arrives!!

I am still on the fence about sharing my specific debt numbers, I already feel so exposed sharing what step I’m on and what I’m working on paying off (for example, you know I’m officially on Baby Step Two and working on paying off credit card number three). I am hoping to find a debt calculator online so I can tell you what percentage I am — for example, if it’s totally maxed out, that would be 100%. If it’s halfway paid off, then that would be 50%, so I can at least give you an idea of how far along I am on paying it off.

At the end of the day, what counts is I am working on credit card number three, and I am seeing it go down and only down! (The only time it goes up is once a month when interest is calculated.) As you know, I was frustrated by the slow progress of January because I had to stop my debt paydown and complete Baby Step One, so I’m just ready to really see a lot of progression in February, even if it is a short month. I’m in a unique position to throw a lot at it, and I am determined to do what I can, as fast as I can. It’s still going to take a while, but I am going to make a big difference as fast as I can just the same!

Did I mention I’m still on No Spend February? I’m doing really well with that! I haven’t been shopping and have only paid bills, bought gas, things that are necessary and not frivolous. I have something fun coming up at the end of March that was scheduled months ago so if the momentum goes passed February, well, then I’m just going to let it! Because I want to kick as much debt in the butt as I can while I’m motivated to. I tend to have an all-or-nothing attitude, and if I am on a roll with not spending, I need to ride that wave as long as I possibly can. Is anyone else like that? Does anyone else struggle with the all or nothing mentality?

I hope you’re doing well with your spending. Let me know if you have any tips or tricks to getting your finances in order.

2 Comments

  1. This is very inspiring to read! My finances are a complete mess right now (going thru a foreclosure, etc) and I really want to get out of this mess. Since at this point I can’t stop the foreclosure, I’m really adamant about paying off my single credit card, but it’s so difficult when I’m living paycheck to paycheck as it is. /sigh

    I think I might do a little no spend March for myself to get a little extra to put back on the CC. Thanks for the idea!

    Love your blog, darling.

    • Thanks!! I’m glad to inspire someone!! I hope you can figure your finances out — I know you will at some point!! Wanting to do it is the first step! It took me a long time to be able to get to a point where I could even start. That’s where I had to start my “chippin’ away” thing, to keep myself motivated, that every little bit counted, no matter how little, because I wasn’t doing much, but at least it was something!

      Start with a no spend week, or two, if you need to–it’s hard! It took me a long time to get to a no spend month. Good luck!! And thank you for the compliment. 🙂

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