I sent the money that was set aside for NT's bus pass to the personal loan, because his student loan will cover the bus pass. $20 went to principal,making it $867 down, $733 to go on the June debt goal.
I've decided to shift my strategy slightly again, putting extra income toward this loan instead of the EF or the vacation fund. I may have an opportunity to use student loan money to pay it down about $2000, and that has helped me see the light at the end of the tunnel. I have an informal goal to pay the loan off by the end of the year, which I don't think will happen, but it doesn't hurt to strive for it.
Whenever I do pay it off, it will be an extremely exciting addition to the Old Debt Graveyard!
Progress on June goal; newish approach to debt
June 10th, 2009 at 03:27 pm
June 10th, 2009 at 04:55 pm 1244649320
June 10th, 2009 at 05:58 pm 1244653113
The rest of the $28K personal debt is $12K on a low-interest credit card and $6K I owe to my dad.
June 10th, 2009 at 07:44 pm 1244659474