Okay, the first thing I need to tackle in my quest for no debt is my expenses. The following are my monthly expenses
Rent
$1,350.00
Car Payment 1
$ 450.00
Car Payment 2
$ 219.00
Car Inusrance 1
$ 130.00
Car Insurance 2
$ 145.00
Health Insurance
$ 350.00
Food
$ 500.00
Electric
$ 55.00
Gas
$ 30.00
Fuel Expenses
$ 250.00
Childcare
$ 540.00
Satellite
$ 70.00
Internet
$ 40.00
Cell Phones
$ 120.00
This all totals roughly $4250.00/month in mandatory expenses. This does not include the nearly $200 I spend on coffee and cigarettes each month. As of today I have decided to stop smoking and for the most part stop the coffee(I will just cut out buying this at starbucks everyday). I plan on putting all of this toward my sky rocketing credit car debt.
I have decided to take $900/month from the remaing $1400 that I have left after paying mandatory bills and put it towards credit card debt. At this rate I should be able to pay off all of credit card debt within 8 months. This will be tough but it will be worth it once I am credit card debt free
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