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Car issues, keeping up with frugality and reflection on total debt

April 30th, 2014 at 03:31 pm

I got in a minor car accident this weekend. My car wouldn't stop in the parking lot for some reason so it hit another car. Such a bummer. Went in the store and found the person then exchanged info. I'll pay the deductible on the car insurance to keep my car checked out.

Right after that I called the dealership about getting my car fixed up for the recall and the parts are not in yet thats a bigger bummer.

Been feeling really down lately so work has been slow going. Started doing that thing where I internet browse items I cannot afford.

This time was a little different though. I realized because I have paid off as much as I have I am that much closer to actually affording those things if I wanted. That was kind of nice.

My grocery budget is busted so we are shopping out of the pantry until midnight tomorrow when I get paid. I have made a solid commitment to not touch the credit cards and have stuck to it. It is not fun but it is nice to know I don't owe anything to any body right now aside from my established loans and the bills. All extra money is going to the hotel stay for our trip and saving some spending money for the trip as well.

I wanted to pay the car insurance bill in full again but I'm not sure I can do it. I will need some help or have to take money out of the savings to close the gap. I think I might just do that it will be easier to cover things if I don't have the bill hanging over my head. The first priority is the car though. The car payment is much more a month to month than the insurance and if I'm not mistaken owning the car should even lower the insurance a bit.

It of course once again depends on the job situation. I am trying to commit to fitness as well so I have something else to focus on other than stress and it might mean I'll look good on the trip too.

I realized not that long ago when stressing out about debt that I have not only done a great deal in eliminating debt in the past year but have actually basically halved my debt since I got out of school and started working.

When I got out of school I had 7K worth of credit card debt, 21K worth of student loans and I got my car which was another 14K for a grand total of: 42K.

Now it is actually a little over 20K with no credit card debt (save for 400 on a 0% interest card that is being paid off each check), under 18K worth of student loans and a little over 2K on the car.

That made me feel really good. Not bad for a permanent temp!

7 Responses to “Car issues, keeping up with frugality and reflection on total debt”

  1. snafu Says:

    You're doing great, you've a plan, you're sticking to it and you know your priorities. Lately there have been so many car recalls I wonder if your car has exhibited one of the problems. Do you have the lists of recalls?

  2. NJDebbie Says:

    You are doing great!!! I have to tap into my savings to close the gap this month; lots of bills this month.

  3. NJDebbie Says:

    You are doing great!!! I have to tap into my savings to close the gap this month myself; lots of bills this month.

  4. FrugalTexan75 Says:

    Are you going to have your car checked to find out why it wouldn't stop? That seems like a possibly bad problem...

  5. creditcardfree Says:

    Glad your accident didn't hurt you or anyone else. Definitely keep looking back at your progress, it is nice to know you are moving in the right direction.

  6. Permanent Temp Says:

    Yes I'm having the car checked out. I haven't driven this week the appointment is on the weekend.

  7. Permanent Temp Says:

    I don't have a full list of the recalls but mine is the cobalt so its getting the ignition switch and the other repair associated with the recall.

    Thanks for the encouragement everyone!

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