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April debt/big-picture progress

April 15th, 2013 at 07:53 pm

Well, that student loan payment hit. Watching the news about Boston I'm not feeling much like celebrating, but I want to log the progress anyway.

$1731 went to principal. Since it all went to the highest-interest portion of the debt, it brings the average interest rate to 4.27%. Still our highest-interest debt, but not by much. (The next-highest is actually our mortgage, at 3.5%; I just checked our other student loan that has a variable rate, and it has decreased from 3.8% to 3.3%.)

That takes our April debt progress to $2478, just $22 to go.

Big-picture progress is at 14,276.04.

If I can keep putting at least $1700 per month to that student loan and/or tuition for NT's classes, I should be able to pay off this loan and cashflow tuition (so not incur any more debt) for the rest of the year.

2 Responses to “April debt/big-picture progress”

  1. snafu Says:

    You've done phenomenally in reducing NT's SL and cash flowing current expenses. Since the passing of Baroness Thatcher, the media has been focussing on the British economy in a very negative, almost hostile manner. The current administration seems to have turned off the media. I don't know what is truth and what is bumpf

  2. ceejay74 Says:

    Well, they are using the austerity thing and it's not going well for them. The stimulus worked much better for America. Of course this sequester thing might derail all the progress we've made and we could find ourselves in the same boat as much of Europe.

    NT was SO happy she died. He told me a lot about her career that I didn't know about because I was young and clueless when she was in power. Pretty terrible stuff.

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