This is hard! Publicly declaring our debt to the masses feels a bit like walking down my street naked - but in the interests of full disclosure, here you go -everything we owe with interest rates.
Personal Line of Credit (10.5%) 14,961.72
Mosaik Mastercard (10.9%) $10,083.17
American Express (18.9%) $965.36
PC Mastercard (19.9%) $2103.26
PC Mastercard (2) (19.9%) $1011.90
BMO Line of Credit(5%) $24,571.03
TD Line of Credit (4%) $21,765.26
Hyundai Entourage loan (0%) $22,774.40
Family loans (0%) $5,000
Personal taxes $320.01
Federal Taxes (Corporate) $700.00 (approx.)
Provincial Taxes (Corporate) $400 (appox.)
Overdraft $2275.24
Mortgage $386,274.40
We still haven't done our 2010 taxes (yep, been burying my head in the sand on this one) - we will owe though as Nick had 6 months of self employment income. I'm scared!)
And the grand total is.....
$106,931.52
Excuse me while I go puke.
Edit: Annnnnd.... it just got worse. I forgot that we also owe my mother in law an additional $17,283 (most of this is debt incurred by Nick prior to us getting married. Much of it student debt).
So that brings the new total to $124,214.52. Guess I'd better buy a lotto ticket. Oh wait - that's not in the budget!
Wednesday, August 3, 2011
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Hi there, fellow GF here (Kelly78). What a great idea for a blog. Rootin' you on!!
ReplyDeleteHi! I saw your siggy on gf and had to come see! I have to say ~OUCH!~ full disclosure must HURT! lol. But I admire you for your bravery and honesty and I know God will bless you as you make each step forward on this journey!
ReplyDeleteI found you on GF...And I love reading your blog!
ReplyDeleteHi Sam ,
ReplyDeleteI'm also a fellow GF, and without naming myself, I can tell you that we have almost just as much dept as you do. Thank you so much for your blog, I really enjoy it.
I wish you good luck. It won't be easy but it will be so rewarding once you succeed.
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