Our Estimated Total Debt & A Goal

Over the weekend I tallied a rough estimate of our total debt.  Not including the mortgage.  I wanted to throw up!  I’m ashamed to even tell you the amount, but hey, this is one of the many reasons I started this blog.  So here goes nothing…. dun, dun, duuunnnnn…..

an estimated $20,000!!!!

I wish I could say this is all “good” debt.  You know, the kind where you will actually own your own vehicle or something like that in the end.  Well, some of it is.  We will actually own two vehicles and have my student loans paid off.  Woohoo!!  But the rest is bad debt. 😦  Like the Polaris RZR we used to have, yup, still paying on it.  We’ve not even had it for almost 2 years.  Or that jewelry company I signed up to be a jeweler for, yup paying on it. Oh, and the credit card debt that has built up from doctor visits.  Not to mention and IRS debt from when Mr. Penny Chaser received unemployment benefits and had no taxes deducted.  Shew, will it ever end?!  

Okay, enough about all that sadness.  Life is about learning along the way right?  Because we have definitely learned a few… the hard way.  I’m ready to set a goal for paying down this debt, like NOW!!!

Goal:  Pay down $5000 of the debt by the end of 2013.

I think that’s pretty realistic.  I’m depending on this ol’ blog of mine to help me along the way.  All encouraging comments are welcome. 🙂

Goal set!!  Now, what can I sale?? 

Blog Goals

It’s Saturday and sunny, which has to mean it’s going to be a great day right?  The weather around here has been so cold lately, but today it’s supposed to get in the mid 50’s so I’m super excited about that! 

Today I wanted to take the time and plan out some beginning blog goals that I have for this little ol’ blog.  

  • Buy the domain {thepennychaser.com}  CHECK!! Bought it yesterday. 02/08/2013
  • Register for self-hosting.
  • Download WordPress.org 
  • Design my blog.
  • Switch everything over & get to writing lots more! 


I have big dreams for my blog and my life.  There’s no time like the present so I’ve got to start working towards them now.  I’m in my late twenties here folks!! It’s now or never.  And I’ve decided on NOW! 

Have a happy weekend!

Want to know more about me?

Since I’m just starting out and I’m remaining anonymous, you obviously don’t know anything about me.  Well, guess what?  You’re fixing to learn a few things about me 🙂  


  • 20-something
  • from the mid-South
  • living with my fiance, Mr. Penny Chaser, and our two dogs
  • work a job, M-F
  • business degree
  • love to read personal finance blogs
  • suffer from lots of debt syndrome {haha}
  • have lots of goals in life
  • often dream of vacation after vacation
  • dream of being a professional blogger/traveler
  • physical appearance: blonde hair, 5’2 
  • in real life, I’m quiet at first until you get to know me. some people confuse this with being stuck up. 


I think that’s a pretty good starting list for now.  In my next post, you will find out why I plan to stay anonymous… so make sure you come back!  



Hi there!  Welcome to The Penny Chaser… a blog written by a 20-something, soon to be wife, hailing from the mid-south.

For now, you may call me Ms. Penny Chaser/PC/Hey You … whatever you feel like! 🙂  Anonymous is what I intend to be, but more about that later.

I hope you will stick around as I chase my dreams … one penny at a time!