One Step At A Time

Wow! It has been a long time since I have posted on this blog. The last post was September 2009 and that is about the time we fell off the wagon. To make a long story short, in December 2009 my daughter had surgery and had a weeklong stay in the hospital and needed another week of attention at home. This caused added expenses and loss of pay. Instead of staying on track and rebuilding our emergency fund, we just let things fall to the side. When I was blogging about our situation, I had gazelle intensity and my hope is to start blogging again to get it back. So after two years of hiatus, we are back to square one. We need to complete the Baby Step 1 again, ($1,000 Emergency Fund).

We have had to add a few more things to the debt snowball. The new Total Debt amount is $21,625.22 so that leaves the Total Remaining at $20,637.89. Three debts got added to the snowball, and two of them we knew were coming and we were just waiting on the final tally to come in. See back in May, our daughter got sick and she had to spend 3 days in the hospital and she had to have a procedure done. After the insurance paid their part there was $1,403.00 left to pay. Thank God for insurance! The third bill is one we forgot about. Felicia was attending a court reporting school here in Dallas that we were paying for on credit (student loans). The last quarter she attended she dropped early because she was in her 3rd trimester of pregnancy and it was hard for her to maneuver with her steno machine. As a result of dropping early, the student loan did not pay for the classes and the school is now charging her for it ($1,508.00). It looks like if we pay the minimums we can have our deb...