No, not coffee. I actually looked through my numerous papers with loan info. For some reason I ignore the fact that I dont only have 1 loan. I actually have 3. One from my old university. It is unsubsidized at interest of 5.3%. I also have another government granted loan at my university that is--thankfully-- subsidized at 6.8%, that doesn't start accruing until graduation. Then finally, my biggie with the 14.25%... ugh. This is the one I talk about. I've gotten my principle down, thank goodness. But it's still getting there.
My total debt in student loans: $8582.53
Now, I'm still in school, so really I dont have to pay any of this now. But growing up in a household where my parents always were (and still are) in a great amount of debt, I'm gonna try and save myself some money if I can. I pay the interest, and then some on my biggie every month. The other 2 have such low interest that I'm going to focus on the biggie before touching those. It just kills me that I have that much in debt! I know other people here are probably thinking "that aint nothin!"... but the fact of the matter is that it was a little surprising.
At any rate, I've got some serious saving to do. My mom even seemed surprised when I told her I've started putting payments toward my loan... of course, with the interest I'm paying she could see why!
At any rate... I've got a couple goals, or challenges, that I'm going to attempt:
1. Aside from a dozen eggs, I'm not going to buy groceries until the 16th. This looks pretty easy, but I know myself a bit better.
2. Use up what's in my pantry/fridge/freezer! I buy groceries way too often.
3. No eating out at all this week. I'm going to try and convince my friend as well to eat at my house as opposed to the cafeteria at school.
4. No spending money on clothes for the rest of the month. I bought my new work shoes. I think that's enough for the month.
So we'll see how it goes! Later guys!
Quite an eye-opener!
November 5th, 2006 at 11:55 pm
November 6th, 2006 at 12:14 am 1162772095
try to set-up potluck nights at everyone's place a couple nights a week. make up a checklist and have it so the host provides, say meat. next time, the person who hosted first only has to bring a side dish and the new host has to provide meat. time after that, the first host only has to bring a dessert, the second host brings a side dish, and so on. that way you won't have everyone bringing the same thing every time, no one gets stuck hosting all the time, and you all get to spend some quality friend time.
November 6th, 2006 at 01:22 am 1162776120
November 6th, 2006 at 07:55 am 1162799745
November 6th, 2006 at 02:08 pm 1162822124