January COVID finances update
By maezee
@maezee (41988)
United States
January 3, 2021 9:47am CST
Hi! Hope your new year is off to a swell start. I have a lot of goals this year-both health, fitness and financial-but the main one is to continue working on lowering my debt and eventually would like to be debt free. Not sure if that will happen this year based on the size of this car loan, but I am working at it. I ran into some expenses buying Christmas gifts, but also an east coast trip. And then also, I have been a little shopaholicy lately. But still I haven’t been doing too bad.
Credit Card Debt: $0
Student Loan Debt: $0
Car Loan: 9,000 (-$855 paid off since November)
Savings: $298.31 to savings (I had zero in savings, now balance is 298.31. I tend to pull out of my savings too frequently to ever keep a balance in there). My goal for end of January is to have a loan balance of 8,500 (pay another $500 off).
Do you have financial goals for this year? How is your debt coming along? Hope all is well!
12 people like this
11 responses
@ARIES1973 (11426)
• Legaspi, Philippines
3 Jan 21
I hope I could earn more and save more this year. I still have some loans and i am working to pay all these so I could enjoy my salary.
2 people like this
@arunima25 (87861)
• Bangalore, India
3 Jan 21
We have to sit down the coming weekend and plan our annual finance. My daughters education would be the main thing to plan.
It's always good to be debt free. Hope you reach there soon
1 person likes this
@freelancermariagrace (28690)
• Philippines
4 Jan 21
Yes, I am planning to save more money this year.
@Nakitakona (56484)
• Philippines
4 Jan 21
No financial goal. We just spend money within our income.