I believe I mentioned that I have decided to solely focus on saving to $10,000 is my high interest savings account and then turn my attention to focus on my debt. Previously, I thought I would hit that $10K goal this month. But after this past weekend’s trip to Georgia for Beauty’s bridal shower, I’ve decided that I must prioritize new hearing aids first.
Here’s where I’m at debt wise.
| Debt Description | October, 2023 Total | Interest Rate | Minimum Payment | Current Total | Payoff Date (Est) |
|---|---|---|---|---|---|
| Student Loans | $22,121 | 2.875% | $307 | $18,758 | |
| CC - Apple** | $500 | $0 | May, 2025 | ||
| CC - Frontier | $3,857 | 29.99% | $0 | $0 | May, 2025 - Closed |
| Dad - New Furnace | $2,600 | 0% | $0 | $0 |
May, 2025 |
| CC - USAA | $5,000 | 19.15% | $0 | $0 | May, 2025 |
| CC - Sam's Club | $0 | May, 2025 (again) | |||
| CC - Amazon | $0 | May, 2025 (again) - Closed | |||
| CC - Southwest | $0 | May, 2025 | |||
| Painter | $0 | May, 2025 | |||
| CC - AMEX | $894 | 29.24% | $0 | $0 | Mar, 2024 - Closed |
| CC - Sams | $1,106 | 29.99% | $0 | $0 | April, 2024 |
| Personal Loan #1 | $2,500 | 0% | $0 | $0 | July, 2024 |
| Personal Loan #2 | $2,500 | 0% | $0 | $0 | August, 2024 |
| CC - Wander | $1,630 | 29.24% | $0 | $0 | August, 2024 - Closed |
| CC - Amazon | $1,497 | 29.99% | $0 | $0 | September, 2024 |
| Total | $44,206 | $307 | $18,758 |
Here’s where I’m at savings wise (in just my Ally account where my goal is to hit $10K):
Updated 08.26
Hearing Aids First
My plan was to hold off on getting new hearing aids until I saw the ENT doctor toward the end of September. But this past weekend proved that I cannot hold off any longer. I called the location that I had my most recent hearing test and asked about their return policy.
Evidently, I have 90 days to try them. So my plan is to buy the lower grade hearing aids for about $2,000. I’ve already been informed that I will struggle to hear in noisy locations with them. But frankly, I rarely go to noisy places; I avoid crowds as much as possible. And when I do go to shopping centers, I rarely speak to anyone.
This will let me try out the lower grade hearing aids to see if they meet my needs, have my doctor appointment, and still be able to return them if I need too. I really don’t want to have to spend the $5K for the “better” ones. And now recognizing that I will have to invest in new ears every 3-4 years, I can budget for that going forward.
Therefore, not as much money to go towards debt or savings as I had planned this month. But next month, I should hopefully hit that $10K goal and turn my focus to my student loans.
Previous debt update here: July, 2025 Debt Update
The post Hope’s Debt Update – August, 2025 appeared first on Blogging Away Debt.
