<$Monday, January 28, 2008$>
Slowly but surely...but not as slowly as I thought!
| A while back, I mentioned that I had gotten my biggest credit card balance below $4,500, and I wanted to try to get it below $4,000 by the end of the year. That didn't happen, but I got close. As of my next payment, I'll break the $4,000 mark, making my previous goal only a little more than a month off target. This blog has been a huge help toward paying off my debts. Since I got back into a routine in the last couple of weeks, I've already earned about $150 through ad blogging alone. That's all going straight to the credit card. If I can keep up that raste of earning, I'll be able to get that card very close to paid off by the end of this year. That's pretty awesome. I'm working on setting up and establishing a couple more blogs to help increase my earnings. Ideally, that income will also go directly to my credit cards to help pay them down even faster, but of course, I don't yet know how moving into our own house will affect our budget. As I've said, it all looks doable on paper, but I can't shake the fear that I've missed somethig or forgotten to take something into account. So it will give me peace of mind to know I've got a way to earn extra if we need it to live on. This blogging has basically become my second job. Done right, it takes about as much of my time as a part time job would, and it pays a lot better than minimum wage. It's also something I enjoy doing. Maybe someday, if I can keep growing my blog network, it will bring in enough to allow me to quit my job and do this full time; but that's getting way ahead of myself. For now, it's helping me learn about finances as it simultaneously provides me with the means to get out from under debt. There are definitely worse things I could be doing with my spare time. Labels: debt reduction, extra income, PPP |
