June 2018 Debt & Life Update

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To be honest, June has been an up and down month for me. It started off with car troubles. Today's post is my June 2018 debt & life update. To be honest, June has been an up and down month for me. It started off with car troubles. I put some money into getting it fixed. Unfortunately, after a couple of repairs, the car still had issues. I had to make a decision. I could put more money into repairs, or I could start the fun task (sarcasm) of car shopping. I went with option number two and started looking for new cars. That was the right choice. My vehicle was 22 years old. Besides the recent repairs, the vehicle also didn’t have airbags. It was time to get something newer.

I’ve been looking for used vehicles for the last three weeks (minus the few days I was in Chicago for vacation). The process is taking a lot longer than I expected. I’m only looking for two different makes and models. Also, I am trying to stay within a certain budget. I don’t want any more debt, but I have to finance the new car. I don’t have enough cash saved up to purchase it outright. I’m really not excited about getting into more debt, but f&ck it. I gotta do what I gotta do right now.

I just got under $60K with my debt. In a few days, I’ll be close to $70K again. Just thinking about that had me in a funk for the first few days of June. I snapped out of it a couple of weeks ago. I looked at it like this. Even though it sucks, I know that I’m getting a newer vehicle will help me in the long run. I’ll feel more comfortable driving to new locations since this vehicle will have airbags. If I want to, I can even sign up to be a Lyft or Uber driver. That would mean more money for me.

On another note, the side hustles have been going right for me. This is shaping up to be one of my highest side hustle months of the year. It’s already my highest selling eBay month. I should cross the $500 sales threshold for June. I’m pumped. The 1K mark is next.

If you’re interested in learning how to sell on eBay, check out my course, How to Make Money in Your Spare Time With eBay. I teach you several things that you can do to increase your sales on eBay.

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My total debt went from $59,522.89 to $59,304.33. That’s a decrease of $218.56. It’s probably going to be the last decrease until August. Once I get my car, the numbers will, unfortunately, go up.

BOA – Down from $1997.37 to $1847.37

Earnest – Down from $22,742.40 to $22,673.84

Nelnet – Same

I struggled a little bit this month. I depleted my emergency fund a bit on this car stuff, so I’m spending the next month or two adding money back to it. For the next couple of months, I won’t be able to add too much extra to the debt.

I also got a lower payment on my Nelnet loan. The payment is only enough to cover the interest. Nothing is going to the principal currently. In a couple of months, I should be able to add more money to it again.

This has been an interesting June. July will be better, much better. I’m not settling for anything less.

You can view all of my debt updates here.

How was June for you?


  1. Sabrina B says:

    I’m so glad you posted this. I had a setback myself this month. First the radiator in my car went out that was 1K and then the AC System in my house totally broke that is 5.5K. I hate increasing that debt. But in GA no one can go without AC. This is encouraging to me that we all have setbacks when we are trying to get out of debt.

    1. We will both bounce back this month.

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