Finally over $90,000 in cc debt paid off in less than one year!

April 15th, 2009 at 06:44 am

It's official...we're finally over the $90,000 paid level in our scramble to get rid of all of our non-mortgage debt asap.

Today is payday and we were able to throw an additional $3100+ at the last credit card. So here's the update:

Debt Tracker (04/15/09)
Card 1: $26204.24 (8.99)

Since April 30th, 2008 we've paid off $90,728.50 in credit card debt! It's the only debt we have/had other than our mortgage so the sooner we get to zero the better!

Just wanted to celebrate a little bit with everyone. Woo hoo!

Posted in I-78's Informative Additions, Watch our debt go to zero! | 14 Comments »

14 Responses to “Finally over $90,000 in cc debt paid off in less than one year!”

Ima saver Says:
April 15th, 2009 at 06:48 am

wow, that is great!! You are doing so well!!
L Saver Says:
April 15th, 2009 at 07:08 am

That's amazing -- what an accomplishment! Keep up the good work!
creditcardfree Says:
April 15th, 2009 at 07:32 am

Excellent job!
littlemama Says:
April 15th, 2009 at 07:42 am

Gazelle intense!!!
ceejay74 Says:
April 15th, 2009 at 09:35 am

Great job! I'm sooo jealous--but happy for you too!
nance Says:
April 15th, 2009 at 09:50 am

Fantastic!
miz pat Says:
April 15th, 2009 at 10:33 am

This is wonderful! You make me feel encouraged and proud to know you are doing this. Good on ya!!!
Broken Arrow Says:
April 15th, 2009 at 10:51 am

Wow. Wow! You've paid off more than $90k in less than a year?!
NJDebbie Says:
April 15th, 2009 at 12:30 pm

Imagine how much money you'll be able to save when your done! Congrats, I'm doing the happy dance for you.
Petunia Says:
April 15th, 2009 at 01:41 pm

Great work!
whitestripe Says:
April 15th, 2009 at 03:50 pm

wow, congratulations. once it's all paid off, imagine how you'll be able to dump that in the mortgage! and before you know it you'll be completely debt free!
I-78 Commute Says:
April 16th, 2009 at 04:56 am

Thanks everyone!! Yep Broken it's hard to believe looking at where we were to where we've come in just 11.5 months. This blog serves as a reminder (if you go back through my old blog posts you can sort of follow it. I totaled up that we've spent about $6600 in additional interest since we really started getting serious about killing this mess in April 2008) of where we were and now where we are. I'm just so excited at how far we've come.
Broken Arrow Says:
April 16th, 2009 at 07:44 am

Still, how in the world did you manage to pay off $90k in one year? It's astounding! I wish I could do that. Congrats again!
I-78 Commute Says:
April 16th, 2009 at 08:50 am

We have a dual income so that helps! We basically paid $90k on debt, $36k on mortgage & escrow, $10k on day-2-day expenses like groceries and entertainment (all in cash) and $39k on everything else (utilities, kids sports stuff, etc.) The incredible thing is that based on our numbers we could actually afford to live on one income if we didn't have all of this debt. Not that we want to with an 18 yo on her way to college and a 15 year old right behind but it's possible.

I-78 Commute's Financial Ramblings

From start to (hopefully) finish...the climb to financial freedom!

Finally over $90,000 in cc debt paid off in less than one year!

14 Responses to “Finally over $90,000 in cc debt paid off in less than one year!”

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