State of the Debt - When It Rains, It Pours Edition

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Cycling through the rain
Creative Commons License photo credit: PhotoA.nl

Despite the ominous sounding headline I threw up there, the financial front of our little family ended the month making decent forward progress. Oh, sure, I would have loved to knock another few thousand a month off that total. And with our little stimulus payment (my apologies future generations!) coming in, I thought we might just have the chance to bite of a bigger chunk.

Some more good news: My little sis did manage to get herself hitched. To a guy I really like. And looked absolutely ecstatic the whole time. And while our gift spending was out of the ordinary monthly range, the wedding was no surprise and we had budgeted for that spending. So it made almost no dent finance-wise. And hey, it’s my little sister. I’m absolutely thrilled that she’s thrilled.

Looking good at knocking off that chunk so far! But alas, Murphy had other ideas. At least he had the good graces to wait to show up until we had a bit of extra coin around.

We’ve been working on growing our little family for several months without luck, until early last month when my wife shared a little good news with me one evening. Several visits to our wonderful doc later, and alas, it was not meant to be this time around. Whether at seven weeks or seven months, irregardless of how great anything else went, this type of loss makes for a rotten month.

Here’s to a better June!

  Apr 30′08 May 31′08 Change
EVERYTHING We Owe
Credit Card Debts
Chase $18,946.45 $18,643.04 ($303.41)
Other Debts
Home Mortgage 38,660.93 38,612.33 (48.60)
Low Energy Loan 14,799.15 14,676.04 (123.11)
Line of Credit 24,142.57 23,912.89 (229.68)
TOTAL Liabilities $96,549.10 $95,844.30 ($704.80)

4 Comments so far »

  1. Free Grocery Coupons said,

    Wrote on June 3, 2008 @ 1:31 pm

    Interesting post…I’m waiting for my stimulus payment too.

  2. alan said,

    Wrote on June 10, 2008 @ 4:13 am

    Best wishes with the family.

  3. High Interest Savings Acounts said,

    Wrote on June 12, 2008 @ 7:45 pm

    Congratulations on another month of paying down your debts. You are making great progress.

  4. Cosmetic Dentist London said,

    Wrote on June 13, 2008 @ 1:20 pm

    Nice post. Very interesting. its the first time im experiencing an article like yours. Great work. keep it up dude.

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