Eric's Credit Community

Last month my fence fell down, it was rotting and expected.  I would like to replace all fencing on the property.  I have been quoted $4200 for the job.  

In addition I have $5000 of credit card bills that I need to get paid off.  These snuck up on me a little bit from Christmas, but mostly due to a DIY bathroom repair/renovation due to water damage.

I have been a Prosper member for about 8 or 9 months and have 100% bill repay history from my original loan.  My rating has gone from a B to an A in the preceding months.  I used my previous loan for home improvement also, and that project turned out great.

Currently my budget is as follows:

Take home Income:

Mine (Senior Systems Administrator) $5300 (after $1000 a month in 401k)

Wife (ICU RN) $3000 - $5000 month (variable income due to irregular nursing hours)


Typical months expenses

-2000 mortgage
-500 credit card bills (paying between double and triple the minimums for the last year and a half)
-600 electric, water, TV, internet, cell phones for several family members
-500 car payment -200 car insurance
-100 life insurance
-100 gym
-1000 food (we eat out A LOT)
-250 maid service
-1000 savings

This leaves between $2000 and $4000 a month for discretionary spending.  To be honest we buy more junk then we should, but have been doing a pretty good job at not over spending for the past 2 years.
We also own two of our cars out right and both are current and reliable transportation, a 2005 Acura RSX and a 2003 Ford F-150.   We additionally recently purchased a 2006 Buick Rendezvous for better transporting various family members.  I was able to get a 4.75% 3 year loan from my Credit Union for that car.