This is the 12th post in Our Journey to Become Debt Free. To read the others, click here.
November was a great month. I didn’t think it would be, but it ended up being pretty eventful in Our Journey to Become Debt Free. We were waiting for Lucas’ hospital bills from October to be finalized and I was in the middle of opening my Etsy store. Both of those equate to a lot of nervous anticipation and money money money.
Here is the monthly progress we have made:
At the end of October, this is where we stood:
At the end of October, Lucas stayed overnight in the hospital with Croup. He recovered very quickly, but it was a very scary ordeal for us. I was also terrified of receiving the hospital bills. Even with insurance, medical bills make me sick to my stomach.
Throughout November, I signed on every few days to our insurance’s website and looked at what claims had been filed. At one point, 2 claims for some doctor were filed for a total of $78.00. The insurance discounted and paid and we were left with $13.73. Then, the pediatrician’s claim was filed for $249.00, processed and we owed $216.23. It would have been less, but we still had a $500 deductible left to satisfy. Next, the Emergency room company filed for $617.38, insurance processed and we owed $274.37. At this point, at a total of $504.33, our deductible was covered but I knew the hospital itself still had not filed a claim.
Finally, the week before Thanksgiving the hospital’s claim was filed. It was a whopping $10,080.98! I estimated we’d have to pay about $1,000 of that and the $504.33 for a total of around $1,500. I had not made most of our Snowball payments in October and did not make any in November. I carried over $430.53 in the Snowball budget category from October and set aside $256.76 in November for a total of $687.29 to go towards the medical bills. Then on the Friday after Thanksgiving, I looked and we only owed $322.91 to the hospital!!
With the other claims and the hospital, it was $827.24 for his ER visit and hospital stay. A little over half of what I thought it would be! I decided to use the $430.53 from October to make a payment on the CR-V and carry the $256.76 over to December for Lucas’ medical bills.
Another great thing happened; I received my final refund from the OBGYN’s office for overpayment for my prenatal care from Lucas. It took over a year, but at least I got it. That was another $420 to put towards the hospital bill.
We spent $393.54 on groceries in November, which is great! I blew my $100 Etsy/Blog budget though, coming in at $176.94. Yes, you should go to my Etsy store and buy something to help me make it up. Just kidding, kinda..?
We made a goal to pay off the CR-V before the end of the year. Although the $827.24 hospital bill was less than I thought it would be, it definitely threw a wrench in those plans. I’m not sure we’re going to make it.
We’ve caught up the Our Journey to Become Debt Free series! Starting in January, I will post a summary of our debt payoff activities for December and will continue to do that monthly for the month before. Right now, I have December’s post scheduled for January 3.