Kerjack's Get out of Debt Challenge.
Results 1 to 3 of 3
  1. #1
    Registered User Kerjack's Avatar
    Join Date
    Jan 2009
    Post Thanks / WTG / Hug
    Blog Entries
    Rep Power

    Kerjack's Get out of Debt Challenge.

    I have decided it's time to make a struggle a challenge so maybe I'll stick with it and get all of my debt paid off. I realize my debt isn't really at a large number but I still need to get this taken care of. I have made a drastic change in the last few days to prepare for this. I have decided to move back in with my parents to allow me to put more money towards what I need to pay off.

    Immediate Debts(In order)
    Junes Rent(Last time!) $460
    Bell $116.22
    Laptop $881 (+ Interest)
    CC $977 (@19.5%)
    Dad $160


    I work about 70 hours every 2 weeks, and make $11 an hour. $12 if I don't miss any work at all for the entire week. I usually average $600 every 2 weeks.

    Another thing I really need to work on is stopping going home early all the time from work. So that'll be one of my daily goals, and to take as much overtime as possible.

    $80 - Rent at my parents.
    $70ish - Cellphone.(Going to try and cut down)
    $32 - Laptop.(Until it gets paid off)
    $20 - Insurance.

    So that'll give me around $1000 to pay of things.

    I'm excited. Wish me luck!
    Moving onto the Farm come Sept/Oct 2013!!!
    Need to finally get everything in order haha.

  2. #2
    Registered User
    Join Date
    Sep 2007
    North Texas
    Post Thanks / WTG / Hug
    Rep Power


    WOW a drastic measure ....but I applaud you for getting serious about paying off your debt.
    Blessed and Highly Favored!!!!
    Goal: Donate at least one third of all belongings before the end of the year. I have wwwaaayyy to much stuff!!

  3. #3
    Registered User nodmicks's Avatar
    Join Date
    Sep 2004
    Post Thanks / WTG / Hug
    Rep Power


    Good Luck!!! You'll do great!

Similar Threads

  1. Help us out in the Debt Challenge Thread!
    By monkeywrangler71 in forum Debt Reduction & Money Management
    Replies: 0
    Last Post: 12-14-2011, 08:11 AM
  2. May's debt reduction challenge
    By homesteadmamma in forum Money challenges
    Replies: 47
    Last Post: 05-31-2006, 09:52 PM
  3. October debt challenge
    By homesteadmamma in forum Money challenges
    Replies: 31
    Last Post: 10-25-2005, 11:24 AM
  4. Debt reduction challenge-how are we doing?
    By MANDERS in forum Money Articles
    Replies: 3
    Last Post: 08-07-2002, 11:59 PM
  5. who's up for a debt reduction challenge
    By MANDERS in forum Money Articles
    Replies: 25
    Last Post: 07-30-2002, 05:23 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts