It’s time once again for our monthly check-in! How are we doing with our goal to remain debt-free while I earn a graduate degree?
In July we paid $4317.67 in cash for my next grad school session. This week I am on a break and classes start on August 2nd. I have TWO payments left, and my next one is due the first week of October. My credit hours drop from 7 to 6 in the next session, so I estimate my costs will be between $3800-4000. I won’t know until the bill goes live in my account near the end of September, because book costs vary and I don;t have much control over how to get my books. My school recently started offering options such as textbook rental, used, or new books, but I have noticed many are only offered new. Grr! Rentals are sticky too, because I may be required to use my textbooks in future classes.
I haven’t heard anything on the scholarship front. I applied for 6 more scholarships in the month of July.
We have the money for October, but we are also fighting with insurance over our storm damage. A new roof costs $7000. We are trying to patch it first, and then if it does not meet HOA standards, we have to go back and ask them to replace it. We anticipate we would have to cover part of those costs, even if they agree to replace the entire roof. The tree that fell on our house was removed and we paid the tree people, but we have not been reimbursed $2500 by insurance yet. This makes it hard to estimate where we are at for the early January payment.
The good news is that once January rolls around, we are 100% done. I have no interest in pursuing a PhD and extending my purgatory another 3-5 years. Really. I am so done. I never want to pay another tuition bill unless it’s for one of my kids.
Let’s cross our fingers and hope one of those scholarships comes through!
What are you doing to meet your goals this month?
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