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Time really flies!!! A few more days, the month of April will be gone. Gesh, and that means a third of the year will be gone as well.

Time really wait for no man, it just goes on and on and on…. Haiz…

Anyway for the last 2 weeks, it had been a busy tiring but yet rewarding and meaningful week for me. As stated in my previous post, I was involved in a Residential Program with APS for the past 2 weeks, the program was about letting the student getting used to living in a community setting, getting used to a fixed routine and structure, getting used to discipline, doing things that they normally don’t like to do. 

We also train them to get used to wait for friends for meals and activities, getting them used to thinking and caring for others and not on one self only. Getting used to think before they act and do the right thing at the right time and at the right place. We also taught them to be brave and to get them used to being  responsible for their action despite the outcome.

Well, I guessed that there’s many other learning they will pick up along the way, as for me, I think the key learning was a reminder for me to be at ease with my current situation, accept where am I today was all because of my own action. It also let me realised that nowadays, I pretty used to the routine (in terms of financial management) that I having now. Getting used to the discipline of clearing my debt and at the same time still live the way i want, buy the things I want and at the same time planning for my future.

However don’t get me wrong, at ease with my situation doesn’t means that I’m in my comfort zone and happy with my situation to the point that I not doing anything more. I am clear that eventhough I getting used to the routine of saving, repaying and buying, I’m still far away from my ideal living lifestyles, like there are still things that I want to buy, food that I want to eat, places I want to go.  My bank statement is still in the low low end and my own net worth is also super low, so there are how work for me to do and more roads for me to travel in order to get me to where I want.

Well, despite all the low net worth and stuff, there is one area that is getting lower and lower too and of course, that is the amount of my debt. With this post, I am so happy to declare that I had cleared a fair of my debt and the amount left had just dropped past the $5k mark. Well done, Jones!! I guess I really need to give myself a pat on the shoulder, ha!!  

 (Total Amount Left to Clear: S$4900)

Oh Yes! Once again, is the time of the month to reduce my debt. Another few hundreds had been return to my loaner a few days back. I’m really glad that I made the effort to return the money, if not I couldn’t image what I will do with the money.

As we all know, Chinese New Year is just round the corner and it is time to buy new clothes, new shoes, new wallet and even new underwear and for me,  I do have a lot of things that I want to buy. So, for sure, if i delay the payment to my loaner, the few hundreds will come in handy, don’t you agreed?? (OF COURSE, YOU CAN”T AGREED!!)

Ha, guess what, that was what I told myself too, the angel and the devil were fighting in my head and of course, the angel won, for sure, I can’t agreed to that kind of thinking mentioned above. The reason is simple, I had made a commitment to pay my debt every month, returning minimum of S$500 every month. No way, I going to break that agreement, another reason is clearing my debt is one thing that I really want to do. 

So despite the temptations of keeping the money, I managed to stay focus and do the RIGHT thing for myself which is to clear my debt. I’m so glad that I’m able to exhibit my self-control and forgone the things that I want to buy and because of that I’m now once again a happy man and once again I’m able to reduce my debt. Cheers!  

(Total Amount Left to Clear: S$7400)

Ya hoo!! ha ha ha, never did I feel so happy when I see that there were little money in my bank. Yes, there are lesser money in my bank than before but I am happy!!!!!

Ok, before you are thinking that I going nuts, I want you to re-read my post title again, It reads “It’s time to repay my debt II” Yup, Yup, this is an updated post on my committment to repay my debt. 

The last time I wrote about my debt was on the 6th Oct 2008.

Today is the 9thNov 2008, which is almost a month plus later, I had once again taken a portion from my paycheck to clear my debt. As per mentioned before, the commitment was to use minimum S$500 dollars from my paycheck to repay my debt every month. However, what makes me happy this time round is that I able to give a little more, ha, don’t worry I still have enough money to be used for my daily allowance, transportation, food, insurance, bills and not forgetting some entertainment fee too. 

Have to keep some money for myself to spend lah, if not it is very very demanding and stressful to see all my hard-earned money to be used just for clearing debt. I hope my creditor will understand my situation I still have a life to live… oops!  

Anyway, I just know that I’m very happy that I’m doing my part to ensure that I will be debt-free by next year Children Day haha, remember to celebrate the day with me ok!!

(Total Amount left to clear: S$8450)