I got laid off in December. We cut every expense possible. No eating out, dropped all of the cable that we could without breaking our contract. I got a crappy cell phone and plan to get us by. Where I live, our rent is 4X what I made on unemployment. My wife does some side work and really hustled hard to get things done.
We had done some balance transfers to 0% interest a year ago. One was for 16 months, the other for 20 months. We decided that once I started getting paid again, we would start really tackling our debt and I just made a payment to pay one of them off to start our snowball.
This isn't much more than a humblebrag but it really feels good to get one paid off, even after all the shit I had to go through with unemployment.
I made the $550 a month plan permanent. I set that as the minimum payment to finish it one full month before the 0% balance transfer is over. Once I get that done in January, I'll be moving on to my student loans and cars.
It just feels good to be back in control again.
Submitted May 27, 2017 at 12:02AM by Ptizzl http://ift.tt/2qt1ap9
