I’ve been blogging for 5 months! My total debt is now under $100,000! Goodbye six figures, I won’t miss you!
I will, however, miss my husband who is gone on a short underway this week.
Yesterday saw another record breaking day of views, totaling 198! Hooray!
I sometimes get some goofy search engine terms but this one in particular gave me a good chuckle:
sallie mae told me i’m past go and they won’t help me what do i do
My first thought went to Monopoly. Sallie Mae is a horrible banker if they won’t give you $200 for passing GO! I wish I could say you could just stop playing the game since they’re cheaters, but the real world doesn’t work like that, sadly.
Original Debt (beginning mid December 2012): $102,645
Current Debt (5 months later): $99,488
I reduced my debt by $839 since last month, with a total reduction of $3,157 in the last 5 months! That’s 3.07% of my goal.
Federal Student Loans
$55,900 $56,543 (up $129 since last month, an overall $643 increase over 5 months)
Private Student Loans
$40,625 $39,145 (down $304 since last month, an overall decrease of $1,480 in 5 months)
$ 7,160$6696 (Somehow this loan has increased by $30 since last month. I hate Sallie Mae. Their math does not make sense. According to their website I don’t have a minimum payment on this loan due until October and I pay more than the minimum every month. WTF? Overall, this loan is down by $464 in the past 5 months)
$11,200$10,873 (down $108 since last month, $327 in 5 months)
$18,240$17,673 (down $184 since last month, $567 in 5 months)
$4,025$3903 (down $42 since last month, $122 in 5 months)
US Bank Credit Card
$4,650 $2,828 (down $1,822 in 5 months, $580 since last month)
BOA Credit Card
$1,470 $972 (down $84 since last month, $498 in 5 months) Happy to get this one under $1,000!
I’ve paid $1,550 this month towards my debt ($600 to Sallie Mae). My debt has only decreased by $839, so $711 (46%) went towards interest.
I’ve paid $5,584 towards my debt in the past 5 months and my overall debt has decreased by $3,157, so $2,427 (56.54%) went towards interest. Ugh! Over half of what I have paid has gone towards interest. This is very discouraging. I really need to crank up my income by either getting on SSI or finding a job!