Friday, September 16, 2011

I'm almost there with the extra money

I haven't had a lot of overtime lately because I had vacation and then there was the holiday thrown in there. All of the hours that I worked that week are being paid at regular time. It's ok though because I'm almost at my goal.

I did miscalculate how much I would owe by over $700 but I'm still able to make the payments and it's scheduled to be paid off early. I was just trying to get it paid off even earlier so that I could squirrel the money away on something else.

I guess I'll have to find another way to bring in a few bucks to pad my savings and knock this debt off.

Thursday, September 01, 2011

I need 1 more large paycheck

We've had overtime available for the past few months. I didn't jump on the bandwagon until late because I didn't want to start depending on the money. Instead I've been paying extra on a bill to get it paid off sooner and adding money to my savings account for my house purchase. I've also started saving 10% of my overtime money in a separate account just to add to my savings.

If we work at least 2 more weeks of overtime, I'll be in a very good position to pay my loan off earlier than expected. If not, I'll still be on track to pay it off but paying extra is the goal. Of course, anything over 2 additional weeks of overtime will just be gravy.