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February 2017 Budget and Debt Results

March 7, 2017

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Besides sharing my online income reports with you, these are my favorite posts to write each month. I’ve been especially excited lately as I’m getting sooo close to being free from my credit card debt. Once that’s done, I know the ball will be rolling quickly as I pay off my remaining debts (other than my mortgage).

February was a pretty good month, but it did feel a little spendy. I’ve been working on prioritizing my health and self care lately and I have been spending a little money along the way.

Last fall I hired a personal trainer for $170 per month. I started going to yoga a few weeks ago and I finally bought a nice mat to help with my practice. My grocery bill has increased slightly as I’ve been buying more lean meats, fruits, and vegetables. But like always, I try my best to buy things when they are on sale. 🙂

With that in mind, here’s how I did in February.

Debt Totals:

1/31/2017 –$135,270.12 all debt
$24,538.23 without mortgage

2/28/2017 – $134,022.24 all debt
$23,519.79 without mortgage

Difference – -$1,247.88 all debt
-$1,018.44 without mortgage


1/31/2017 – $1,747.59
2/28/2017 – $1,780.80
Difference – $33.21 Increase


CategoryMonthly Total
City Bill$67.85
Gas Bill$40.65
Auto Insurance$97.29
Personal Trainer$170.00
Cash/Other Spending$929.09
Health Savings$700.00
Travel Savings$100.00


Total expenses were up from last month, but some of it was due to higher savings rates and more debt payments. However, some of it was due to higher spending too.

I bought extra groceries in February to make freezer meals with my friend A. I also took advantage of some BOGO sales on things I would have bought in coming months anyway. Plus, I also got reimbursed for a few BOGOs too, but those didn’t go through until after March 1st, so I didn’t count them in my “cash/other spending” amount.

I put my regular $100 into my travel savings fund. But, I didn’t reach my goal for my health savings. I need to save about $1,000/month for my surgery later this year to pay for it in cash.

Last month I said I’d be shopping around for a balance transfer to keep my remaining credit card debt at 0% interest, but I’ve changed my mind. Instead of doing another balance transfer, I’m going to aggressively pay off my final credit card balance instead. I will have to pay off about $600 each month in order to get it paid off before the promo expires. I think I can do it!

How was your February? Did you pay off some debt or increase your savings? Let’s celebrate those wins!

This blogger shares how she paid off over $1,200 of debt and increased her savings! I can't believe how she did it.

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2 responses to “February 2017 Budget and Debt Results

  1. Kayla, is your surgery already booked in, or is it at your discretion still? Will you be able to make up the savings shortfall for it in March (knowing that February was spendy- mine too)? Do you mind sharing how much is left on your final credit card?

    1. I haven’t scheduled my surgery yet, so I can push it back a bit if needed to make sure I have the cash saved up, BUT I really hope to put some extra in my savings fund in March to make up for the shortfall. 🙂 My credit card has about $2,400 left on it and I need to pay it off before the end of June, so about $600 needs to paid each month for March, April, May, and June to get it paid off before the interest rate increases. I think I can do it!

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