Layout:
Home > Paid off first debt!!!

Paid off first debt!!!

August 9th, 2007 at 12:51 am

Well, for the first time since I got serious, anyway. :-)

I'm having trouble figuring out how to transfer money to pay down NT's overdraft debt in the UK (plus put in the extra money he needs to make his automatic payments), but it'll be OK for about another month. I'll have to figure out my drop-dead deadline for getting some money over there, but meantime, I've got this money sitting here and it's driving me nuts not putting it toward something.

So I used most of what I currently have to pay off my own reserve line balance! This will eliminate future monthly payments and interest accrual, and the worst consequence will be that I overshoot my August goal and fall short on September's, but it will even out to the same amount in the challenge, so that doesn't bother me.

So...$672 toward principal bringing me to $1822 down, $363 to go for August. I'll easily surpass that just with my remaining minimum payments this month.

This is nice. I needed a little boost!

3 Responses to “Paid off first debt!!!”

  1. Broken Arrow Says:
    1186623319

    Congrats!

  2. jdedit2001 Says:
    1186624421

    Great going. Congratulations

  3. Amber Says:
    1186625218

    Wayyyyyyyy to go Smile

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]