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Reached August debt goal!

August 27th, 2013 at 07:45 pm

AS's student loan payment hit, with $132 going to principal. That takes August debt repayment to $1775, just over the $1750 goal.

Oh, and we earned a whopping 27 cents of interest on our savings account; that goes to the medical EF, taking it to $1,513.71. Can you tell it's my least favorite goal? But I will definitely fund it up to $5K at some point in the next three years.

Big-picture progress is now at $25,705.33.

A point of interest: total household debt is now at $253,630. I'm thinking as soon as October, we could be under the quarter-million mark! I think at that point, I'll celebrate by revising my sidebar and finally deleting the "massive debt" wording, because $250K doesn't seem that bad when most of it is mortgage debt on two homes.

I actually wrote this entry last night and lost it; not the usual way, just me being sleepy and stupid and clicking a link that took me off the page and lost what I'd written. Ah well, I was just grumbling about the heat wave and a summer cold that has come over all of us, to varying degrees. And how my family has had illness on nearly every major holiday since last Christmas! So I figure it's that jinx, come back in time for Labor Day. Hopefully it doesn't last long and we can still enjoy the weekend. Daycare is closed Wednesday through Tuesday, so I have a seven-day break from work.

I'll probably check in a few times over the vacation, at least to post my September goals and any progress I make.

1 Responses to “Reached August debt goal!”

  1. snafu Says:
    1377661584

    Wow! I hope you've given yourself a giant pat-on-the-back for all you've accomplished since defining your goals. I hope the other important people in your life truly appreciate the benefits your focus and determination has given them. I can't imagine categorizing mortgages as 'massive debt' unless you are significantly underwater. Your mortgage might be imagined as a holding place for rent you'd otherwise pay. What do your ordinary savers group think ?

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