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.
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!
Knocking down more debt
February 5th, 2009 at 01:19 pm
February 5th, 2009 at 01:59 pm 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!
February 5th, 2009 at 02:28 pm 1233844090
February 5th, 2009 at 04:12 pm 1233850371
February 5th, 2009 at 04:13 pm 1233850403
February 7th, 2009 at 01:54 am 1233971699
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!