Confessions of a Laid-off Lawyer

Just Your Average Joe Blogging Away His Debt—In One Year or Less

Archive for April 10th, 2010

Ninth Day of Accounting

with 6 comments

Total Black: $1,942.16

Here’s the Breakdown:

Primary Checking: $1,400.09
Secondary Checking: $539.00
Savings: $2.36
PayPal Account (Personal): $0.71
PayPal Account (Blog): $0.00
Amazon Payments Account: $0.005
Mutual Funds Account: $0.00

FICO Score 506

Total Red: $229,689.31

Here’s the breakdown:

Credit Card Debt:

MasterCard: $5,588.01     [Minimum payment for April = $214.00.  APR 27.24%]
Visa: $7,689.56     [Minimum payment for April = $292.00.  APR 27.24%]
Visa: $5,039.00     [Card closed.  Minimum payment for April = $206.00.  APR 27.24%]
American Express: $2,400.23     [Minimum payment for April = $48.00.  APR 27.24%]
Raymour & Flanagan Credit Line: $6,340.68     [Account closed.  Entire balance due]
Saks Fifth Avenue Credit Card: $0.00

Student Loan Debt:

Federal Stafford Loans: $94,504.20
Private Student Loans: $31,940.56

Back Taxes:

IRS (2007): $1,438.11
IRS (2008): $28,275.80
NY State (2008): $0.00

Other Loans:

My mother: $46,473.16

Already my ninth day of accounting.  And, as requested in a comment by Anon, this month I’ve broken out my APR and minimum payments for the month for my credit cards.  Keep reading . . .