Tag Archives: Getting Out Of Debt

January 2012 Wrap-Up

It’s hard to believe that January 2012 is coming to a close today!  It started off as a really rough month with lots of bad news regarding the health on Nick’s side of the family, but we just got word last night that the scary health issues that the women on his side of the family are battling both got very good prognosis from doctors, so we are ending the month on a good note!

I just got word today from one of the jobs I interviewed for that they have a hiring freeze so I didn’t get an offer from them.  I’m still waiting to hear back from the other job I recently interviewed for.  It’s torture waiting to hear if they will offer it to me or not, but I’m trying to embrace the exciting part of the unknown of where my career will take me next.

I started 2012 with just a couple of “resolutions”.  The first of which was to do strength training three times a week.  I’ve done okay, not great, with that goal, doing strength training somewhere between two to three times a week.  Another goal I had been to prep meals ahead of time, on the weekends, to make cooking dinner a quicker process during the week.  This goal has been a TOTAL FAIL.  I have yet to do it, but I’m not that upset about it.

With February starting tomorrow, I thought I’d make a couple of goals for the month.  I recently read in a magazine that you should take your body weight, divide it by two and drink that number in ounces of water every day.  Rounding up to a nice, whole number, that would be 65 ounces of water every day!  I’m going to make that the first goal of February.  That’s a LOT of water, though.  I’m not much of a drinker by any definition of the word.  I don’t drink much alcohol, but I also don’t drink that much of anything else.  My typical choice beverages are water, milk, and wine, and maybe occasionally orange juice.  If I do a tough workout, I’ll probably consume 24 ounces of water in a day, otherwise, it’s usually closer to 16 ounces.  Wine is usually 5 ounces pretty much every night with dinner.  Milk is usually 16 ounces every few days.  So in liquid consumed on a good day, I’m looking at 45 ounces total.  But as you can see from my math, just under half of that is not water.  This goal is going to be a challenge for me, but I know it’s a healthy thing to do.

My second goal is to be able to do a real tricep-push up by the end of the month. Right now, I struggle to do them on my knees, girly-style.  I can do regular push ups on my feet (as long as I’m not in Bodypump class, where I’m so fatigued by the time we get to push ups, I end up doing them girly-style).  I have such weak triceps it’s embarrassing, but I can change that by the end of the month!

On another note, Nick asked me to track my student loans as part of our merging finances (the most progress we’ve made in planning to get married… sorry, it’s not more exciting than that right now).  Up until I did this yesterday, I did not like to look at the total amount I owe.  It’s way to big and it stresses me out.  Instead, I just deal with the monthly amount, and while that is large as well, it’s a heck of a lot smaller than the big total.  Plus, I’ve just pretty much been paying interest over the last four plus years, so the grand total doesn’t seem to change that much.  Anyway, to confront the ginormous number and tackle the debt, I thought I would really track it every month.  On here.  Scary!  I’m scared to face it myself, let alone let be out there on the world-wide web, but eventually that number will shrink to nothing and actually writing it out every month will hopefully make me feel better about it (unless it ends up depressing me)!  So to make it simple, there are four student loan entities that I pay.  There are more than four student loans.  Some of those entities have multiple loans, but for simplicity’s sake I will list the payoff amount of each loan entity along with the grand total and the amount paid towards each entity and total amount paid.  I hope that makes sense.  And I hope you all don’t judge me.  It’s a lot of student loan debt!  Deep breath.  Okay, so here we go:

Pay Off Amounts:
Loan Entity 1: $57,971.67
Loan Entity 2: $2,585.95
Loan Entity 3: $63,485.83
Loan Entity 4: $42,195.72
GRAND TOTAL: $166,239.17 (YIKES!!!)

January Monthly Payments:
Loan Entity 1: $328.46
Loan Entity 2: $44.41
Loan Entity 3: $902.98
Loan Entity 4: $321.59
TOTAL PAID 01/12: $1,597.44

Okay, honestly, I don’t know if that made me feel better or worse 😦   Ugh, I hate money, especially when it leaves my bank account!  On the upside, credit card debt = $0.

This has gotten way too long, but I hope to keep track of my February goals for you all and will report back at the end of next month with a (similar) getting-out-of-student-debt status!  Happy end of January everyone!