About Me

ceejay74

I'm the financial head of a three-adult household. We have great credit and income but massive debt. I've always paid bills on time but beyond that haven't planned very well. Now we have some definite goals, so we need to get serious about financial stability.

DEBT AS OF SEPT. 15, 2008:
Credit card/personal: $45,066
Home/mortgage: $299,155
Education: $74,855
($44,765 actual; $30,090 estimated future)
TOTAL HOUSEHOLD DEBT: $419,076
($388,986 actual; $30,090 estimated future)

October 2008 goal: pay off $3000 by 10/31
Progress:
$825 down, $2175 to go
Goal balance: $416,076
Balance as of 10/1: $418,251

Big-Picture Goal, begun 1/1/08:
Pay off all credit card and personal loan debt by 12/31/09
Beginning balance: $70,251
Current balance (10/1/08): $44,746

My Pages

Another small payment

July 24th, 2007 at 10:02 pm

Just realized I had enough money to cover another $200 payment that was scheduled for next month. So $400 paid, $1,254 to go for August!

I may not get very far in this challenge before I have to reformulate it--but if so, it will be reformulated to be even more aggressive about debt repayment, so that'll be a good thing! Meanwhile, until I find out what NT's exact salary will be, it's business as usual with the 1099 + 555 Plan.

Posted in The 1099 + 555 Plan | 3 Comments »

3 Responses to “Another small payment”

scfr Says:
July 24th, 2007 at 10:05 pm

Nothing wrong with reformulating when the circumstances call for it!
Aleta Says:
July 25th, 2007 at 06:03 am

You're doing fine. As things change, so does your reformulating. In your case, it was a positive one. Congratulations!
boomeyers Says:
July 25th, 2007 at 09:20 am

Reformulation is all just part of the process! Thank goodness it is not an exact science!

Ceejay74's Personal Finance Blog

A blog to help me document my journey out of debt.

Another small payment

3 Responses to “Another small payment”

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