Weekly Financial Check Up: June Week 5

Every Friday I post on my weekly income and expenses in an effort to keep on track of my budget for the month. By breaking down my transactions on a weekly basis I can see where my money is going and see if I am going to be able to stay under my total budget for the month. I spent $641 on plane tickets for a class that I am supposed to attend at the end of the summer. We will be going to a conference in Washington and although we get...

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Made A New Lending Club Loan
Aug08

Made A New Lending Club Loan

I just made a new Lending Club loan this month with the money that has been repaid in interest from past loans. My goal has always been to be able to fund a new loan every month with the money that I get from the repayments, as well as to be able to withdraw some money as income. I used to withdraw a small amount every week but then I was not left with enough at the end of the month to fund a new loan. I have now decided to begin...

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Lending Club Loan Is Fully Paid Off!
Apr01

Lending Club Loan Is Fully Paid Off!

I have finally finished paying off a loan and  I am very happy with the results. This means I am one step closer to being debt free and achieving financial peace with myself. I took a loan with Lending Club about one year ago so that I could consolidate my high interest credit card debt at a lower rate. I had credit cards with interest rates of 19% and 21% and got a loan with Lending Club at 8.63% which allowed me to save money in...

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First Loan Payment with Lending Club

I got a loan with Lending Club a few weeks ago so that I could pay off higher rate interest cards. This loan had a rate that was almost half of the interest rate that I was paying on those credit cards so it really was a good way for me to save money in the future. With the Lending Club loan I was able to have a lower monthly payment as well as save money on the interest and fees for those outstanding balances. The first repayment on...

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Tracking my Finances in March: Day 6

Welcome to my daily tracking of income and expenses for the month. Income for the month to date: $40.00 Expenses for the month to date: $1301.17 Net effect: -$1261.17 The expenses for the month are related mostly to rent and credit card payments. I did spend $30 on gas which is already 60% of my gas budget for the week so I really need to watch my driving for the next couple of weeks. I also made my first payment to my loan on Lending...

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