Well I had hoped we would be under $20,000 in total debt left to pay off (minus the mortgage of course) and lo and behold we're there! As of today we have paid off over $105,000 worth of credit card debt in about 13.5 months. We are getting really close to being completely debt free and it's exciting to know how hard we worked is finally paying off.
So here is the updated total:
Debt Tracker (06/10/09)
Card 1: $12190.26 (8.99)
That's it! Only $12k to go...I feel really good about it all and I can't wait to be rid of the debt tracker once and for all!
One month later...so close to being out of debt!
June 10th, 2009 at 03:38 pm
June 10th, 2009 at 04:53 pm 1244649229
June 10th, 2009 at 06:28 pm 1244654935
June 10th, 2009 at 06:41 pm 1244655665
June 10th, 2009 at 06:59 pm 1244656760
June 10th, 2009 at 07:43 pm 1244659423
Debt tracker 06/09/08
Card 1: $44214.30 (8.99%)
Card 2: $30795.25 (9.99%)
Card 3: $20705.37 (11.24%)
You (and your wife) have done a really great job stay on point on this.
June 10th, 2009 at 08:22 pm 1244661763
June 10th, 2009 at 11:38 pm 1244673493
June 11th, 2009 at 12:31 pm 1244719869
whitestripe: We planned for each of us to get a "gift" once we do get debt free. My gift is a pair of dumbbells (Bowflex Selecttech) and her gift is teeth whitening at the dentist. Each of us figure that's around $500 each which is well within our budget. Nothing too crazy for now (until we build up some cash reserves at least!)