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July result wrap-up, August debt-repayment goal

August 1st, 2010 at 02:41 pm

I surpassed my July debt repayment goal of $1100, putting $1,352 toward principal. I got our total debt down to $363,748.

For August, I'm going to go out on a limb and try to pay off $2,000 of debt. We'll pay nearly $1100 with just our minimum payments. I have what looks like a $1250 surplus in the August budget, so I'm going to try and put at least $900 of that toward my credit-card debt. It feels a little risky to say that, since we keep having unexpected expenses. But there's also a chance AS will get some freelance money in August, so on the other hand I might be able to pay even more than $2,000 this month.

2 Responses to “July result wrap-up, August debt-repayment goal”

  1. NJDebbie Says:

    Well done!

  2. Leons debt advise Says:

    Congratulations and don't let the big number put you down. Stick at it and before you know it you'll be at the half way mark.

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