I can't get into the nitty gritty details of Christmas spending, because far too many people that I bought for read (or have the potential to read) this blog.
But, I will share this:
We have made a few payments already including mom & dad paying me for the gifts I bought on their behalf's as well as just a regular payment. Unfortunately this is just what's currently owing, our total bill from November was due on December 26, 2010 and was for $5712.44 - as Macl1in hasn't reimbursed our $2,000 deposit for the Retire Your Ride Program, we weren't able to make the deadline. We needed to make another $915 payment in order to avoid interest penalties.
What is really tragic is now we'll pay interest on all of our purchases until we have a zero balance at the time the company runs our bill :(
So, to compound all this - we still need to buy groceries and gas for the rest of January.
We have eliminated our house, wedding and allowances for January - and we will only have $310 from now until January 5th. It's going to be tight.
Don'tcha just love Christmas?
Spending Update
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I can relate. Things are going to be very tight for us the next couple weeks. Have you thought about going to a cash budget?
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