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Credit card payment posted

September 5th, 2007 at 03:18 pm

Paid $296 toward principal. So $1324 down, $861 to go on my September goal.

It's frustrating having such large amounts of debt, because no matter how much I'm able to throw at it, it always feels like a drop in the bucket. These monthly goals really help me feel like I'm accomplishing something so I don't lose focus.

Another short-term thing that helps is tackling some smaller, high-interest debt. The low-hanging fruit, so to speak. I got rid of my own reserve line balance on my checking account first; now my sights are set on NT's overdraft balance on his UK account. I think I'll be able to pay more than half of it off in October and knock the rest out in early November. Then he's got a small credit card balance that I think I'll be able to pay off in December. So I'm hoping I'll be able to say I've paid off two more debts by the end of the year.

That'd make 2007 quite memorable, since I also paid off my student loan in May and my reserve line just recently. Four debts gone in one year would be exhilerating!

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