Wednesday, April 23, 2008

You're So Vain

In my quest to be fiscally frugal, I have often made decisions to not purchase things on a whim: the cute tan sandals priced at $45; a strapless summer dress for $125; a Wii/Xbox or Playstation $399. Self-control has been a difficult learning that’s taken years for me to integrate into every fiber of my short-term-attention-span being. Even with my most recent bonus pay I used 60% of it to pay credit debt:

$2000 to pay down MBNA Card #2, leaving $432.
$ 978 to pay off and close MBNA Card #1

Remaining Debt:

    $3160 Discover (transfer from two other cards to get better rate)
    $2350 Bank of America (There was no reason for me to have ever opened this)
    $ 387 Nordstrom’s (The excitement of the store’s Grand Opening)
    $ 642 Amex (Upcoming trip to visit Mom and attend my college reunion)
    $ 720 Student Loan (Yeah!)
Yes, I’ve become a tightwad. Two people have commented that I should at least get something for myself, as it is a bonus and should treat myself to something reasonable. (I guess spending $50 to take my dad to dinner and the $44 for a long overdue pedicure plus tip wasn’t enough.) So I’ve decided to sign up for twelve sessions with a personal trainer at the gym. :D

While I would normally never consider this purchase (and the trainer I met with needs a little work on a genuine smile), I’ve rationalized it as follows:

$780 =$65 per session, 12 sessions
-$319 = $400 Health & Wellness Benefit Paid in July from Work - $81 for Q1 gym fees
-$400 = $600 estimated Tax Rebate on May 16 ( need the balance to pay for trip)
$ 61 = Out of pocket expense ($5.08 per session)

I’ll have to eat up the rest of my gym membership myself, but I was already doing that before my new job. And, this is something for myself and not just another toy (although a giant flat screen with a game console to boot would be kinda fun). It may be just appealing to my vanity, but whatever. Along with getting out of debt, getting into shape has been my other focus. I can't wait to see some results.

1 comment:

Fabulously Broke said...

it was a hard road in the beginning.. lemme tell ya... good luck with it!!