Debt

Debt is such a noose around our necks.  It keeps us locked into jobs we cannot stand.  It keeps us seeking jobs that do not exist.  It keeps me dressed in clothes purchased on sale 10 years ago.  It is just the worst. 

One major change for me this year is focusing on getting out of debt.  My strategy is the classic Suze Orman technic: Pay off the highest interest rates first.  Why is it more tempting to pay off the debt with the lowest interest rates first?  I do not understand this...Here is a general breakdown of my monthly debt:

Rent: $875/Month
Electricity/Gas: $45 to $140 (Weather permitting)
Internet: $25 (Internet only - Rabbit ears)/Month
Credit Card: $3300 Total
Parents: $300/Month (Yes, I am indebted to my family even)
Law School Loans: Roughly $50,000 - OMG, will it ever end.
Netflix: $17/Month (so tempted to cancel, but I just really like it.
Car: $500/Month - note, gas, insurance, etc.

I am sure you may be saying to yourself, "That is all."  But it makes the lean months so terribly lean.  I will not divulge my paycheck, but let's just say it only just covers it all monthly.  No savings.  None.  I know Suze would say, "You really should save for a rainy day."  I would have to reply, "NOOOOooo!  If I pay off the debt and the rainy day comes, I will be able to pay off my new debt with my rainy day savings."

Anyway, my little Monday morning tirade on debt and the cost of living.  It blows.