Monday, December 17, 2012

Spending Fast - FINAL MONTH (1-year total)

Welp, the 1-year Spending Fast is coming to a close!
Although my debt is definitely not gone, it has reduced significantly since the beginning of 2012.

$13,168.04 - Starting Debt at Jan 1, 2012
$7,169.78 - Current Debt at Dec 17, 2012

That means I've paid off nearly $6k in debt this year - $5,998.26 to be exact!  I still have a ways to go, but if I keep the same determination going this year I believe that by 2014 I can be 100% debt-free.  And oh what a wonderful feeling it will be!

Although I'm dissapointed that my debt isn't fully paid off by now, I understand that certain aspects of my life (and certain choices), caused it to be that way.  I took a lower paying job, I know that I spent money at times when I probably shouldn't have (but man, it was still worth it - and I'm definitely not perfect), etc.  But I've learned so much this year, and I'm ready to take that to 2013 with me.

I already know I'm going to take some kind of vacation next year, so that will definitely dip into what will go towards my debt - but life is short, and I'm tired of putting vacations on hold!  And I'm OK with that - I've accepted it.  If that means taking a little more time to get completely debt free, then I'll take it.  I still gotta live my life!

I know that it's a constant struggle, but I'm going to stick with it.  How wonderful when I can actually put money towards my savings every month instead of credit cards & interest.  How wonderful that my money won't be completely GONE the day after I receive every paycheck!  Oh man, I can't wait.

And that's what keeps me going.
Well, that and all the love & support from my family & friends of course. :)
Love you guys!  And here's to being debt-free by 2014!


Kendra said...

I'm pretty blown away at the dent you put in your debt from only 1 year. 1 year! Six thousand dollars! So proud of you for sticking with it :)

Beth B said...

Thank you, Kendra!! I just think it's great to know that when I'm out of debt I could SAVE that much money in a year - so awesome! :) Thanks for the support <3

Sarah said...

This is sooooo inspiring! I need to work on this!