back on the saddle
As my latest net worth update says, “I have finally included the doggone medical bills. (In “other debts.”) So there, $2000 more debt. And it’s taking a while to pay off because I have other things to take care of – house repairs and decoration, mainly. I’ve had very few indulgences because I know I have all this debt. I know it’s been a while since I’ve updated, but honestly, I’ve been discouraged by the slow progress with paying off debt and building up my investments. Most of the progress you see has just come from making minimum payments and saving to use cash instead of credit. This update is as of the middle of October. It’ll be another month-and-a-half before I do another update on the net worth, at the end of November.”
Anyway, this blog has been calling me back. It’s good for me to see where I stand, and I’m really glad I forced myself to do this update and see the numbers. It’s really not as bad as I thought it would be – not as bad as it could be. But I’m not finished with home improvements. In the next month or so, I’m going to be spending even more on the house repairs. Right now, the name of the game is to at least maintain and not slip backwards. That means continuing to pay in cash, avoid new debt, and pay down on debts, if only the minimums.
I fell off the record keeping horse – doing nothing more than balancing the checkbook. But it really does help to know your situation and keep tabs on it, so here I am, hopping back in the saddle.
