Well, I've had some new expenses pop up and need to re-arrange my budget to accommodate them. Unfortunately that will slow down my other debt repayments, but that's how it goes sometimes!
Expense #1: Dental Work - $176.25 - $305 per month
I decided to take care of all of my dental work now, rather than do it in bits and pieces for a few reasons. First off, I know that prolonging some of the work could potentially result in worse problems down the road, and second, I was able to get a 0% interest LOC for 18 months. The minimum payment is $176.25 per month, but in order to get it paid off in 18 months I need to pay $305 per month. The plan is to pay the minimum for the next 6 months until my car is paid off...then I will use my car payment money to pay off the remainder of my dental work. This should result in my having everything paid for in 13-15 months, 3 months ahead of schedule.
Expense #2: Best Friend's wedding - about $1100-1500 to save
My college roommate/best friend just got engaged and asked me to be her maid of honor. She's also informed me that they are doing a destination wedding in the Riviera Maya. They are trying to keep costs to $1100 per person, all inclusive, and the wedding is July 2009. So I have just under a year to save for this, which means I need to put back another $100-150 a month.
It should all be do-able, I'm just going to be a turtle on the debt repayment front for the next year! :) C'est la vie!
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