Today, I filled out my April 2008 report at NetworthIQ. I have done so sporadically since July 2007. There is some good news, too: Since I last filled out a report in September 2007, I have reduced my debt by $821. Okay, you may say it’s not a lot, but on a salary of under $20,000/ann., I am pretty proud of this.
Further, while my net worth is still negative, it is less so than when I started: Back in July 2007, I owed $59,704; as of this report, I owe $41,122. This is a reduction of $18,582. Again, not bad on a salary of less than $20,000/ann.
Granted, to do this, I have had to get creative. I sold things I was no longer using, switched to the library instead of buying books, started taking surveys online for cash, started taking advantage of free offers, and cutting down substantially on eating out.
Now, I know I still have a long way to go. Next steps are getting my bicycle checked out by a friend, and getting my cycling legs back, so I can cut down on transit spending (not to mention improving my health), paying off that last credit card, increasing my emergency fund, and continuing to figure out ways to generate extra income.
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