I’m very disappointed in my results for October. My spending was beyond what I was hoping it would be and it included an outing to check out a possible venue for the wedding out of town. Needless to say when everything was tallied up the results were negative rather than positive. The credit card debt actually went up about $200. But with the smoking being removed and the very serious desire to cut down costs November will be the month of the restart.
The one thing that I was quite happy with is that not only did I put $150 into my mutual funds and RSP but I set aside $325. So when you take everything into account I was only off by about $25 which in the end isn’t a huge deal but I used my credit cards and wasn’t careful about my spending. I could have done a lot better. So here’s the breakdown:
- Get my credit card debt below $8,500 (currently at $9,093)
- Deposit $150 into my Mutual Funds
- Finish the quarterly goal
- No credit card usage (and if used then the amount has to be paid promptly)
- Find out what is happening with my Pension money
- Find out what the status of my existing shares is, ensure I have control over the account.
- Credit Card balance is at $9338 (up $244)
- Deposited $325 into my Mutual Funds
- No Quarterly goal
- Used the credit cards
- Still sitting on the Pension info
- Found the status of my shares.
Overall some good and some bad but the bad outweighed the good. But one thing that I did accomplish is that I finally set out a proper net worth (as of yesterday some money went into the mutual funds today).
|Credit Card #1||$4,832.13|
|Credit Card #2||$4,632.04|
|Line of Credit||$14,847.01|
I guess the good thing is that my net worth is actually a positive number! But I’m still spending way too much money. I think I’m going to need to be more aggressive with my cut backs and track it a bit better. November Goals to follow tomorrow.