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Good progress on August debt goal

August 22nd, 2010 at 08:56 pm

I did manage to make an extra principal payment to my credit card: $925 to principal. So $1753 down, $247 to go on the August goal. It also brings my credit card balance (and thus our total credit-card debt) down to $3740! We seem to be on track to pay this off by the end of the year as planned.

It's already time to calculate net worth again, which I'll try to do tomorrow. This payment will give that a nice boost.

Work and social life are still crazy, so I've barely had time to do the bare minimum for both my financial planning and this blog. Hopefully things will calm down in the fall!

6 Responses to “Good progress on August debt goal”

  1. Petunia Says:

    Congratulations!

    Am I correct in understanding that when the credit card is paid off there will only be student loans and mortgage?? I'll be looking forward to doing the happy dance with you!

  2. creditcardfree Says:

    Great job once again!!

  3. ceejay74 Says:

    Thanks ccf! Petunia: Yes, that will be it except for our mortgages and student loans. Can you believe it?!?!?!? Oh, and I do have about $850 at 0% on a Sears card for the stove we bought. But I'm going to pay that off in November, before the interest-free period ends. I could pay that off at any time, so I don't really think of it as debt.

    I haven't been credit-card-debt-free since I was about 24 years old. I'm 36 now. I plan to be free of it before I'm 37, and stay that way for the rest of my life, hopefully!

  4. LuxLiving Says:

    Soon the K-O punch that knocks it down for good!

  5. Apprentice Bliss Hunter Says:

    Way to go on almost burying the CC Debt !! And for good hopefully too !! :-)

  6. Homebody Says:

    Well you certainly are beating me out of debt, we just got out a year ago. Pathetic. Good for you though!

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