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Home > May debt goal, and freelance income is a rollercoaster

May debt goal, and freelance income is a rollercoaster

April 30th, 2015 at 11:14 pm

Well, in the absence of any U.S. mortgage payments, and assuming we will not receive the WV money this coming month, I'm setting the debt repayment goal at a paltry $500. Hoping June's will be much more exciting!

I'm looking forward to June in several ways. Not only will we hopefully receive the WV money and paid off all non-mortgage debt, but I also hope to ramp up retirement contributions after a year of putting only about 5% of my paychecks and 6% of NT's paychecks toward it. I think the first thing I'll do is start an SEP with Vanguard for AS.

Speaking of AS, it felt like April was a slow month for getting paid, so I added it up. She received $1403.75 this month. By comparison, in March she raked in $8325.38! Some of it is due to her taking 2 weeks vacation in March, but some of it is just luck of the draw.

I'm so glad we can cover our bills with my and NT's more predictable income. I'd be pretty nervous otherwise!

Luckily May is looking like it'll be more like March. A lot of checks are due soon (or overdue).

4 Responses to “May debt goal, and freelance income is a rollercoaster”

  1. rob62521 Says:
    1430442835

    Hope May brings in lots of moolah!

  2. My English Castle Says:
    1430446536

    I hate waiting for the check to arrive. Here's hoping for the pay off soon.

  3. VS_ozgirl Says:
    1430467907

    My hubby is self-employed so we know all about the roller coaster! We deal with it by drawing a low wage each week. This way if there is profit, it sits in the business account. If times are slow, we use some of the profit to draw the wage. And if times are awesome, we spend some of it on something big. Moderation is the key.

  4. FrugalTexan75 Says:
    1430585044

    I hope all the checks come in you're hoping for!

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