I just edited my spreadsheet of the monthly credit card bills that I have to pay. In a way its fun because I feel empowered and in control of my financial expenditures in that sense. I have a clear idea of what to expect in the months to come and how much I will be putting into payment for these cards. In fact, I have to edit this spreadsheet monthly whenever I recieve my bills as the interest charged has to be reflected accurately in my spreadsheet. At the moment, its all on a forecasted basis. I am intending to use my bonuses this year to clear the bills as far as possible. I'm excited about the performance bonus that I should be getting in April. Then there's also the July quarter-month bonus and also the year-end bonus. All calculated on a humble one-month bonus only. I'm also excited about my yearly pay increment that should be due this July. All these means I will have more cash flowing in and it also means I can pay off my bills earlier.

I have to thank him for helping me to be so disciplined by encouraging me to clear the bills asap and to save money as far as possible. From the looks of it now, taking into consideration the bonuses that I expect to get this year, I should be able to clear my credit card bills by January 2003. That is SO much better than the forecast that I did about 4 months ago.

I have learnt my lesson about over-spending. Sometimes, I wonder what exactly is the lesson I have learnt. Whether is it over-spending or being too "lenient" in using my cards to help pay for another person. Whatever the case, I'm definitely more careful with my expenditures now. I don't mind not having any luxuries for a year. No tours, no trips, no new clothes, no new shoes...just simplicity in life.

I just don't want to have anymore debts. That's all.