Debt Report Feb 2008
Debts Paid in Full Report:
- Debts paid in full: 5
- Amount paid in full: $2,659
Status Report:
- February 2008 payments: $360.86
- Total amount of payments made to date: $6,890
- Debts left to pay off: 12
- Next debt in line: at&t advertising and publishing: $429.53
Balance Report:
- Current Debt Balance: $165,905
- Balance change since last month: -$5,037 (increase)
- Balance change since starting the plan (April 2007 plus the principal on new debts that have come up since $156,869): -$9,036 (increase)
I checked all my math and the above numbers are correct. I’ll have to go back and correct my past numbers. They aren’t correct. This is what happens when things change nearly every month; changing interest rates, changing fees, sale of debts to other collectors, you name it.
Now that my business is closed, I am going to make a major change in what I report to include everything including my SBA loan and my HELOCs. I didn’t put those into the debt snowball because they aren’t bankrupt-able in my situation. I’ve talked to a bankruptcy attorney and I still don’t know if I will end up filing. I don’t know how this will end, but I’m going to fight it all the way down.
Here are my new debt snowball balances; the above balance of April 2007 plus the rest of my debts. Listed are original balance, current balance, total payments made since 4/2007 and payments this month. I won’t start comparing monthly balances until March 2008.
Status Report:
- February 2008 payments: $792.35
- Total amount of payments made to date: $10,787
- Debts left to pay off: 16
- Next debt in line: at&t advertising and publishing: $429.53
Balance Report:
- Original Debt Balance: $200,946
- Current Debt Balance: $199,338
- Balance change since last month: N/A
- Balance change since starting the plan (April 2007): $1,608 (decrease)
All debt reports will be based on these numbers starting in March 2008. This is everything except the first mortgage on my house.
My Vocation
I’ve finally figured out what my vocation is:
I help people fight for economic and social justice to better their lives by assisting them to remove those barriers to their success.
Right now, I do that by tutoring, home-schooling and writing about these issues on my blogs. This blog is a specific story about my own experience of economic justice. In the past I volunteered, had hurricane evacuees stay in my home, helped friends with child custody and other divorce issues, and assisted my son’s school with donations to pay for books and supplies.
I haven’t written about the general topics as much as about specific experiences. I plan to add more about the general topics as my blogs grow, now that I’ve articulated my vocation. It’s sufficiently broad that I can do many things for a living and still fulfill it. It’s clear to me now that working in the chemical industry did not fulfill my vocation, and is probably why I always had a TGIF attitude.
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