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One day at a time...

May 30th, 2007 at 05:47 am

is the only way I am going to get on top of this latest challenge.

Have had some time now to think about my plan of action and my thoughts so far are:

The funds in EMF - I am going to allocate $8000 to the tax liability.

I got a final payment on the sale of my house the other day from the bank of $ 14 286

So already I have $22 286 towards the $55 600

There are other amounts outstanding still from my house sale:
The closing attorneys still owe me $5714
The utilities company owe me a refund of $1158
Total outstanding $6872

Company expenses refund $347

NOW if I add $22286 plus $7219 = $29505 I would have been debt free without this additional tax liability - HOW DISAPPOINTING!!!!!!!!!

Oh well, as I said one day at a time.

I needed to go to the store today and only had $15.70 in my wallet (remember I took the ATM cards out and don't have CC)
Bought laundry detergent, bread, tuna, gum = $12.84 (bought large sizes and bread for the week to freeze).

Ha got that spot on and I still have a couple of dollars in my purse. Smile Smile

Okay so not a No Spend Day but great economy.

BTW I have managed 7 out 10 No Spend Days and will get tomorrow down as a no spend day too. 8/10 not too bad.

I have a huge headache today (not really surprised) and fortunately have finished my client calls for the day so I am going to have a nap before I fetch my DD and start supper.

Need to get into my sewing room tonight - when I am feeling so stressed and pressured (one of my triggers to gamble) I have to be especially careful. Sewing and getting busy making something out of nothing, helps me to reduce my stress and makes me feel like I have accomplished something.

Also, this weekend I need to rework our monthly budget and look for ways to cut our expenses again so that I can increase the savings amount to the Tax Fund. Don't really know how much more I can cut but will try anyway OR time to start taking in mending, sewing etc again to boost the income.

Wow another long long entry - but it helps so

Enjoy your day and see ya tomorrow Smile

3 Responses to “One day at a time...”

  1. homebody Says:

    You have come so far. You are doing a good job. I know what you mean about sewing. My OD has mine because she has friends who keep having babies and she keeps making quilts! But I should get it back soon.

  2. Amber Says:

    Glad you got your payment. When I purchase my new home I want a sewing room as well

  3. lieweheksie Says:

    Ok, so you only nedd $33k and you have a year to get there...
    One thing that I do being on commision is have a figure I need every month- this is my "salary"- anything over and above that goes into the EF or the CC's
    What about a dedicated account ( maybe a 32 day where you cant touch it)for the tax man's money-put the money you have allready mentioned plus all new savings- and when it reaches the amount you can either pay him early(ha ha) or use the left over interest to pay some other debts- I would make this one a priority though- you dont want to get hit with more penalties
    Good luck

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