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Knocking down more debt

February 5th, 2009 at 01:19 pm

Well another two weeks gone by and more payroll thrown on top of the debt mountain! I ended up having to pay some sizable expenses like our propane gas bill ($1400 for about 6 months) but I was still able to wriggle out nearly $3000 to the debt load. I love the fact that Card 2 which 9 months ago was nearly $32000 is now around 7k. We really are making some headway and soon there will be just one to pay off! I'm so excited to see the progress but I really get antsy when a day goes by and I can't put more money on this thing. I guess I still need to learn patience is a virtue. Smile

Anyhow here we go:

Debt Tracker (02/05/09)
Card 1: $40475.55 (8.99)
Card 2: $7170.00 (7.99)
Total: $47645.55

For a frame of reference we started at $110,000 worth of credit card debt on May 1st, 2008. Nine months later and we've knocked out nearly $63,000 worth of the ugly thing! One small step for my family...one giant leap for getting out of debt!

5 Responses to “Knocking down more debt”

  1. mom-sense Says:
    1233842397


    "Wow" is all I have to say. Amazing what money can do for us when we make better choices, isn't it? Keep going! Awesome!

  2. mooshocker Says:
    1233844090

    Nothing I type will due justice to how proud I am of you! God bless.

  3. Ima saver Says:
    1233850371

    That's great!! good work!!

  4. ceejay74 Says:
    1233850403

    Wow, well over halfway there. Keep it up!

  5. I-78 Commute Says:
    1233971699

    Thanks guys & gals!!! You're definately my support line when I start to get "spending fever." I can't wait to see the point where I no longer have a need for the debt tracker!

    Chico that sounds like a great plan. Just keep trying to wiggle out as much extra $ as you can and you'll knock it out faster than you think. Good luck!

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