In December we put $852 toward debt. Definitely not stellar, but it’s just barely enough to drop us to less than Six Figures Under. Having debt of less than $100,000 is worth celebrating.
Regular: $3,175 (after taxes)
Etsy: $300— A little better than last month, but well-below average. All of the month’s orders came in the last two weeks of the month. It made for a stressful time right before leaving to go out of town. Now that we are back in town, I have a whole backlog of orders to catch up on.
Ebay: $34— I had two ebay sales: a skirt and some scrapbooking embellishments.
Other: $54— Dividends from our USAA auto insurance policy
|Tithing||$350||$ 356||Our regular 10% tithe on our income.|
|Rent/Mortagage||$0||$0||This is my favorite budget category. Hooray for the basement!|
|Gas||$500||$585||We went over, but not by much considering it includes gas for visiting family who live 1200 miles away.|
|Utilities||$0||$0||Included in our free rent.|
|Groceries||$300||$92||We didn’t do any major shopping since we knew we would be going on a trip. My sister hosted my whole family for Christmas. We each took a night cooking dinner which was lovely.|
|Gifts||$300||$670||I was mentally taking into consideration the $200 that we didn’t spend on groceries, so this category isn’t quite as off-budget as it looks.About $160 was for some new dress shirts and ties I got for my husband at a great price. That might sound super lame, but he’s a practical-gift kind-of-guy, so he was excited. He surprised me with an awesome Blendtec blender. It is amazing! He got a great deal on a factory reconditioned one. Those were the two big chunks of the Christmas gift budget. Other gifts were handmade, purchased earlier in the year, or bought at great prices.|
|Clothing||$30||$9||I picked up pants and a shirt for my son at the thrift store for family pictures.|
|Home & Office Supplies||$40||$ 42||Part of this is for renewing the domain name for our family blog.|
|Entertainment||$36||$32||Over Christmas we went to a Children’s museum. My sister got some of us in on her family pass, so it was much cheaper than it would have been. We also helped pay for a babysitter once so all the adults could go out.|
|Health Insurance||$453||$453||This is the last month paying the premium for our high deductible plan.|
|Dental||$122||$122||Our dental discount plan costs $22 per month. The other $100 is a payment for dental work Mr. SixFiguresUnder back in October. I think it’s the last one though.|
|Lawyer Marketing||$450||$399||We’re back to our standard size ad, plus a few other expenses.|
|Lawyer Marketing Food||$25||$5||Fewer marketing meetings than usual because of the holidays and an ice storm early in the month.|
|Law Practice Expense||$60||$45||Just the practice management software subscription.|
|Other: Life Insurance||$652||Our annual life insurance premiums.|
|Other: Car Maintenance||$536||Before our big trip, we got an oil change and had some issues looked at, which included replacing the serpentine belt and all tensioners.|
|Other: Christmas Cards||$52||The bulk of this is postage. We always send out a family poem along with a photo card. This year I just added text to a 4×6 picture and had them printed at Walgreens (with a coupon code, of course) to save on costs.|
Let's Do This Together!
We're banding together to pay off some serious debt in 2019! We want you to join in the debt-smashing fun!
When you subscribe, you'll get monthly reminders to report your progress and you'll see how we're doing as a group!
You'll also receive frugal inspiration and financial motivation in your inbox to help you along the way!
Are you ready to smash debt with us?!