Budget-o-matic!

[asterroc]

While talking w/ Foxtrot about his current jobless predicament, I stumbled across a budget creation tool from Providian bank. It's really quick and simple to do a rough estimate, though you can be more detailed if you wish to actually dig out receipts and see what you get/spend more precisely.

As expected, with the full huge car payments that I want to be making, I'm dipping into savings. However, I'm dipping in at the same rate as I'm spending on random frivlous purchases, so if I can reduce those I'll break even. Yay. Or can pay more for the car payments and pay it off sooner. I *hate* being in debt. I don't know how I'm ever going to handle buying a house. Debt for 30 years.

Comments

[galbinus-caeli.livejournal.com]

Mortgage debt is different. You have an asset, the house, that is worth as much or more than the debt, the mortgage. So it offsets. And the the asset (house) is convertable at need (you can sell it) to cover the debt.