Between coming off of a weekend away and getting ready for my daughter to start school on Wednesday, I completely forgot that it’s the first of the month! Here are my September 1 debt totals:
Chase Card #1: $21,684.87 (-$80.23)
Chase Card #2: $4,256.71 (-$43.01)
Chase Card #3: $9,985.40 ($457.30)
Discover Card: $14,578.77 ($378.93)
Citibank Card: $7,701.55 (-$90.16)
Total Credit Card Debt: $58,207.30 ($622.83)
While an uptick is never good news, I’m not really upset about this month’s increase. First, it’s MUCH smaller than last month’s increase, and a bit smaller than the increase the month before, so we’re moving in the right direction – even though I haven’t started back to work yet.
Second, we would’ve actually had an overall decrease, if not for two glitches with my husband’s pay. His expense check ($647 for August), hasn’t been cut yet. Once it is, it’ll be used for a credit card payment. Also, we think his office manager made a mistake with Friday’s paycheck. It was a three-check month for him, which usually means that health insurance is not taken out of the third check. But it was taken out of all three of his August paychecks. Assuming this was indeed an error, it’s a difference of about $400, which will presumably be coming back to us in the near future.
Finally, with back-to-school shopping, vacation, and oil changes needed for both of our cars, August was a more expensive month. We’ve been using cash a lot more, and I think that’s reflected in this month’s total. Onward!