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March goal (debt snowbomb!)

March 1st, 2013 at 05:45 am

I should have a LOT to throw at debt this coming month! A pretty conservative estimate of what we should be able to put toward it:
Standard minimum debt payments $870
Extra debt repayment from normal budget surplus $1300
AS freelance check $600
AS federal tax return $4000

So ... deep breath ... I should be able to put $6770 straight to student loan principal this month! Happy birthday to me!!

And that's assuming:
- my $1100 stays lost in the bowels of the federal government all month. If it manages to find its way out, I could get even higher!
- AS's next freelance check doesn't come. If it does, that's $250 more.
- I don't get the withholdings sorted out in time to see any gain. There is a chance we could net $140 or so more on March 15.

Holy moly! But even discounting all of that, $6770 will be an amazing month of debt repayment.

Since my big-picture progress only has to get to $6687 (and is already at $4400), we're going to get months ahead in that goal.

Wow!

2 Responses to “March goal (debt snowbomb!)”

  1. CB in the City Says:
    1362150825

    I love how excited you get about paying off debt! That's what it takes!

  2. creditcardfree Says:
    1362154064

    You are going to rock that debt this month!! Nice.

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