Layout:
Home > Another stab at the debt

Another stab at the debt

September 25th, 2008 at 01:00 pm

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.

6 Responses to “Another stab at the debt”

  1. Kristin Says:
    1222348359

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

  2. Personal Finance Student Says:
    1222349875

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

  3. Ima saver Says:
    1222351172

    Fantastic!!

  4. gamecock43 Says:
    1222351484

    wonderful. you can get it gone by January!

  5. creditcardfree Says:
    1222351590

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

  6. cargirl86 Says:
    1222447179

    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. :-)

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]