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Another stab at the debt

September 25th, 2008 at 06:00 am

Well I received my quarterly bonus yesterday for $3334 and immediately threw it and some extra income I had been saving for this payment at Card 3 to knock it down just under $3900. I am a happy camper!

Here's the updated debt reduction tracker:

Debt tracker 07/28/08
Card 1: $42378.65 (8.99%)
Card 2: $29891.21 (8.99%)
Card 3: $1970.14 (10.99%)

I expect Card 3 to be zero by the beginning of October with the wife's additional income and with the way we've been budgeting (knowing where everything is going is more than half the battle IMO!)

Again just wanted to celebrate with the people who I know get why this is important. This month alone we've knocked off nearly $13,000 from our debt (this is all we have...yeah like it's not enough right!) so we're on Cloud 9.

Posted in Watch our debt go to zero! | 6 Comments »

6 Responses to “Another stab at the debt”

  1. Kristin Says:
    September 25th, 2008 at 06:12 am

    $13,000!!!! WOW!!! Great job!

  2. Personal Finance Student Says:
    September 25th, 2008 at 06:37 am

    That's incredible! I wish I could keep up with you! Smile

  3. Ima saver Says:
    September 25th, 2008 at 06:59 am

    Fantastic!!

  4. gamecock43 Says:
    September 25th, 2008 at 07:04 am

    wonderful. you can get it gone by January!

  5. creditcardfree Says:
    September 25th, 2008 at 07:06 am

    Doing the happy dance for you!! Thanks for sharing...I know I'm inspired.

  6. cargirl86 Says:
    September 26th, 2008 at 09:39 am

    Wow! Fantastic news! I'm not gonna lie ... I'm a tad jealous, but also incredibly proud to be able to read such an inspiring story. :-)

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