Good Little Boy

Total Black: $3,323.08
Total Red: $270,855.95

A discussion in the comments to Burning a Hole prompted today’s post.  I found valid but conflicting information on the internet and in those comments about how to handle credit card debt.  Even Suze Orman has modified her advice.  So I thought I’d take a moment and blog about it.

Breakdown

Total Black: $6.71
Total Red: $245,625.09

No, not an emotional one.  A financial one.  Time to break down my finances for the month and lay it out for all to see.

I’m estimating much of the information here.  I still haven’t gotten paid from my current job.  Perhaps by the middle of next month.  So much of this data I’ve calculated on my own.  Once I get my first pay stub, I’ll update my financials.  For now, here goes:  

Cutting Costs, Corners . . . and Concerns

Total Black: $435.42
Total Red: $230,977.94

I’ve received a lot of comments, questions, feedback, and suggestions over the past day or so.  Since the blog is just beginning to pick up traffic, I have the luxury of responding directly in a post to many of those responses.  First though I need to lay out my monthly expenses.  That’s something I haven’t done.