You are right, we are not starving yet. I didnt include the everyday expenses.
Food 500 (we cook, including lunches at work, no going out or fast food. sometimes pizza on friday, and breakfast on Sunday)
Gas 500 (me - 30 min commute, hubby - 50 min commute).
So after that it leaves me 1500 a mon of money to play with, i am curently actively paying down the credit card balance, 1000 a mon. But i will admit i fail to keep the budget tight, or at least i dont know how to stick with it, cause we always run out of money and endup using the CC for food and gas. Is it better to keep cash or use the debit card (joint account)?
Also, the car payment is on used older car, not new, and hubby does all the maintenance on it as needed. However, we had no cash saved to pay for it so we had to get a loan. The previous car i had was my college ride, i had to upgrade.
And here is the break down of the loans and interest
Name Interest Balance
CC#1 0 4,160
CC#2 12 334
CC#3 17 564
Car 5.5 6,824
Student Loan #1 6.625 19,746
Student Loan #2 3.75 11,810
Student Loan #3 4.5 1,379
Student Loan #4 6.8 2,771
Student Loan #5 6.8 4,970
Student Loan #6 6 4,770
Student Loan #7 6.8 6,532
Student Loan #8 5.6 4,755
Student Loan #9 8 4,318
Student Loan #10 11.5 2,162
Student Loan #11 7.75 12,927
Student Loan #12 6 4,566
Student Loan #13 6.8 2,180
Student Loan #14 6.8 6,899
Student Loan #15 9.25 15,127
Student Loan #16 4.5 10,554
Student Loan #17 4.5 8,416
Student Loan #18 4.5 14,922
Student Loan #19 8 21,341
Student Loan #20 9.75 34,882
Student Loan #21 8.5 15,929
Mortgage 4.5 170,399
Note: private engineering school is not cheap!!! My kids are going to Community college!!! Iam not paying for mine and their education. By the time i will be done paying for mine - they will start college. (BTW - i dont have kids yet lol)