Archive for May 10th, 2010
Tenth Day of Accounting
Total Black: $2,940.82
Here’s the Breakdown:
Primary Checking: $2,937.02
Secondary Checking: $0.00
Savings: $3.09
PayPal Account (Personal): $0.71
PayPal Account (Blog): $0.00
Amazon Payments Account: $0.005
Mutual Funds Account: $0.00
FICO Score [pending]
Total Red: $234,907.81
Here’s the breakdown:
Credit Card Debt:
MasterCard: $5,000.00
Visa: $7,837.42
Visa: $4,794.08
American Express: $2,435.26
Raymour & Flanagan Credit Line: $6,340.68
Saks Fifth Avenue Credit Card: $370.18
Student Loan Debt:
Federal Stafford Loans: $94,504.20
Private Student Loans: $31,813.92
Back Taxes:
IRS (2007): $1,438.11
IRS (2008): $28,275.80
IRS (2009): $2,840.00
NY State (2008): $0.00
NY State (2009): $2,785.00
Other Loans:
My mother: $46,473.16
Umm . . . yeah . . . so . . . total red is clearly going the wrong way. And I don’t foresee an opportunity anytime soon to stop it. But that’s ok because sometimes you need to let something bleed out first. Keep reading . . .