Yikes! I can’t believe I started this blog 11 months ago!
Original Debt (beginning mid December 2012): $102,645
Current Debt (11 months later): $98,229
My debt has decreased by $79 since last month, an overall reduction of $4,416 in 11 months. I’m now at 4.3% of my debt payoff goal.
While I don’t feel like I made significant progress this month (so much interest) I really hope to kick the debt payoff into high gear now that I have two jobs and one of them is picking up more hours.
Federal Student Loans
$57,244 $57,385 (up $141 since last month, an overall $1,485 increase over 11 months)
Private Student Loans
$38,309 $38,166 (down $143 since last month, an overall decrease of $2,455 in 11 months)
$ 6,208$6,161 (down $47 since last month, an overall decrease of $999 in the past 11 months)
$10,757$10,726 (down $31 since last month, an overall decrease of $474 in 11 months)
$17,479$17,429 (down $50 since last month, an overall decrease of $811 in 11 months)
$3,865$3,850 (down $15 since last month, an overall decrease of $171 in 11 months)
US Bank Credit Card
$2,112 $1,891 (down $221 since last month, down $2,766 in 11 months)
Capital One Credit Card $234 (up $234 since last month)
BOA Credit Card
$643 $553 (down $90 since last month, $917 in 11 months)
You may have noticed I added another credit card to the list. I had my Capital One card paid off for some time but I like to use it once in a while to gain reward points so I used it to pay an expensive medical bill. It’ll be gone by next month again!