Ah, another month passes, and another cool thousand (and change) disappeared from that big ol’ total. Slow and steady. Blah, blah, blah.
While debt reduction is certainly way up there on our priorities, this month’s focus was elsewhere. Namely, as Dave would say, I spent a fair amount of free time the last month or two building a bigger shovel.
I’ve spent spare time in the evenings playing around with Adwords ad campaigns, and have stumbled upon a system that is doing well for me. Well enough that I’m considering shutting down my side business in the very near future. Well enough that, assuming I can continue to steadily grow it, may see me making it my primary income, for that matter. Well enough that I wake up excited to get back to it. Enjoying what you do cannot be overrated!
But those successes have not been reflected in our debt progress yet, as everything is ramping up so quickly. Yesterday’s earnings are bankrolling tomorrow’s increased earnings. I’ve literally quadrupled what I made in September’s this October, but that entities’ account (a good business owner knows that he should keep his monies separate, don’t ya’ know) shows as close to zero. At least, until my commissions come in in a couple weeks. Which I’ll then use to keep the ball rolling into December. Oh, sure, I could slow down and draw some of that out as profit. But with the holidays coming up, that seems like a shortsighted thing to do!
| Sept 30’08 | Oct 31’08 | Change | |
| EVERYTHING We Owe | |||
| Credit Card Debts | |||
| Chase | $17,476.08 | $17,172.37 | ($303.71) |
| Other Debts | |||
| Home Mortgage | 38,415.61 | 38,365.84 | (49.77) |
| Low Energy Loan | 14,178.37 | 14,052.64 | (125.73) |
| Line of Credit | 22,546.34 | 22,163.12 | (383.22) |
| Medical Debt | 4,315.31 | 4,165.31 | (150.00) |
| TOTAL Liabilities | $96,931.71 | $95,919.28 | ($1,012.43) |
