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Paid off first debt!!!

August 8th, 2007 at 04:51 pm

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:

    Congrats!

  2. jdedit2001 Says:

    Great going. Congratulations

  3. Amber Says:

    Wayyyyyyyy to go Smile

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