Twenty two day pulse check

I did my seven day pulse check back on January 7th, and decided now that we’re over the half way point in this month, it’s time to do another quick check on how we are progressing.

I’m going to run down the list of major initiatives and give you a brief update one by one.

1. Cash Box Budget: so far this has worked tremendously well. We’ve had to make some adjustments here and there – for example, we had quite a few birthday invitations this month and I didn’t have the heart to decline them, so we borrowed from other budget items to pay for birthday gifts. This may mean I need to beef up our gift budget and trim other budgets even more.

2. Debt Reduction: I’m happy to report that the first payment of !148.00 minimum plus $395 in Attack money was made and I’m looking forward to making the next attack payment in February.

3. New Ideas: As a result of this blog and the Personal Finance network I’ve grown I’ve been introduced to the idea of Snowflaking (thanks Beachgirl and I’ve Paid For This Twice Already!)

I’ve also learned there is more than one way to get your debt repayment snowball rolling…the psychology of an early payoff doesn’t bother me that much, so I’m charging ahead on APR only

And finally I’ve learned that your rice cooker can make a mean mess of Oatmeal (thanks K-Money)!

Kickin’ Debt’s Butt everyday now so let’s hope February brings some more opportunities to give our debt the beat down it deserves.