ceejay74

I'm the financial head of a three-adult household. We have great credit and income but massive debt. I've always paid bills on time but beyond that haven't planned very well. Since July 2007, we've gotten serious about financial stability. DEBT AS OF NOV. 1, 2009: Credit card/personal: $20,316 Home/mortgage: $291,438 Education: $74,580 TOTAL HOUSEHOLD DEBT: $386,334 ------------------------------- NOVEMBER 2009 GOALS: 1. Debt: Pay off at least $2200 of debt. Balance as of 11/17: $384,144 Goal balance: $384,134 Progress: $2190 down, $10 to go 2. Savings: Save at least $720 ($120 for AS's retirement; $600 for Xmas fund) Progress: DONE! $770 saved 3. Fitness: free month. 4. Environmentalism: free month. 5. Creative/crafts: Participate in National Novel Writing Month (NaNoWriMo); goal is 50,000 words. Progress: 9,214 words 6. Philanthropy: free month. 7. Side hustles: free month. 8. Other: Help AS with couch reupholstery. Begin to contact daycare options we've collected. ------------------------------- BIG-PICTURE GOALS: Pay off personal loan by 12/31/09 Original balance (6/15/07): $30,000 Current balance (11/7/09): $1,732 (Full disclosure: I transferred $5301 of this debt over to student-loan debt, so I didn't pay that portion off.) Pay off loan to dad by 3/8/10 Original balance (11/1/03): $12,000 Current balance (11/13/09): $6,000 Pay off Amex CC by 12/31/10 Balance at start of challenge (11/13/09): $11,202 Current balance (11/13/09): $11,202 Total of all above goals: Pay off all credit card and personal loan debt by 12/31/10 Balance at start of challenge (1/1/08): $70,251 Current balance (11/7/09): $18,934 (Full disclosure: I transferred $5301 of this debt over to student-loan debt, so I didn't pay that portion off.) Pay off AS DL loan by 12/31/11 Balance at start of challenge (11/13/09): $12,184 Current balance (11/17/09): $12,109

• Date Started: Jun 21, 2007
• Entries: 529
• Comments: 1,440
• Total Visits: 274,602

Individual Net Worth

Last updated 11/20/09

NT
Assets: $312,805
Debt: ($160,090)
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Net worth: $152,715

AS
Assets: $86,494
Debt: ($117,155)
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Net worth: ($30,661)

CJ
Assets: $112,516
Debt: ($106,899)
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Net worth: $5,617