Archive for September, 2007

The Pundits Agree: $100,000 in debt is reasonable!

Thursday, September 27th, 2007

A sign that I am way behind the times: It’s almost October and I am just now getting to this months issue of Money magazine!
I was surprised to see this in one of their articles:
even a $100,000 debt is a reasonable trade-off for a medical degree
This is the foundation of this blog. As [...]

Borrowing Costs: August 2007

Sunday, September 23rd, 2007

Since one of the “features” of this blog is the vast amount of debt I carry, I thought I should do a better job of detailing how much it “costs” me each month to finance my educational debt and my cost of living.
The key word in that sentence is Finance. The [...]

Monthly Update: August 2007(-$59984.48, +$3778.32)

Tuesday, September 11th, 2007

Late again this month. It has become apparent to me that my 4th year of residency is going to require a much greater time commitment than my prior 3 years.
That being said, our finances continue to tick along. We have managed to make saving a significant portion of our income [...]

My Credit Card Debt is now at Record Levels

Monday, September 10th, 2007

I never thought I would carry over $45,000 in credit card debt. That amount represents about a years worth of living expenses for our household.
Even when I was at my personal finance low 2 years ago with over $14,000 in hard earned credit card debt, I never thought I would let my debt [...]