February 2010 Monthly Goals

This month we are going to be traveling Vancouver which I am so excited about. My budget is consist of car payment, student loan payments, entertainment (Vancouver) and misc. expenses. Grocery, insurance, gas, mortgage and everything else in between are covered by my husband.

In February I'll be focusing on my fitness, job search and cpa exam nothing else. Every day I have to make a progress towards these three things. I'm sure Vancouver trip is going to be a life time experience and I'm not going to let unemployment to ruin this experience. On the other hand, we will be really careful with our spending.

Update on $50 challenge:

Wow, total blow out. I spent $155 within 5 days. Saturday and Sunday are no spend days. I'm going to set more attainable goals I guess. $50 was little too little :)

Debt situation and unemployment

As you can see on the right side, I have student loan debt and car loan. I've just paid my car loan for this month which is $655. It is alot. I have little bit of rainy day fund but not alot (around $5K). I am definetly counting on my unemployment check to survive. Yesterday I checked with EDD, their automated system said check for $950 was mailed out on 19th. I should probably get it either Saturday or Monday.

As far as my student loans go, I want to keep paying which is around $700 per month.

$700 student loans

$655 car loans

total $1,355

EDD check $1,800 monthly

I need to live on $500 per month.....but HOW?