by Tricia
I had a little bit of fun yesterday, and just started paying credit cards. It was best to get the money out of my checking account before I ended up spending it on something.
Seeing that number…$30,616…I am so close to having it under 30 grand. If I didn’t have to worry about some final finance charges from Credit Card #2, I’m pretty sure I could do it. I just don’t know how much those finance charges will be and I still have a few days to wait to find out.
I am also waiting for another statement to arrive, and then I will know all of my new minimum payments to I can calculate our new DTI as well as seeing how long it will take to pay all of this off! I’m thinking if it could be done in 2 years, that would be awesome. Then I can finally start thinking about saving!! Oh, what a glorious day that will be 🙂
Tricia…
Great job on the debt reduction!
I have posted your latest updates over at the NCN Network site! You rock!
NCN
update here:
Blogging Away Debt Update 4 .
I think you are doing great. Your balance’s really seem to be moving. This is so good for motivation.
-d
Thanks everyone! The balances aren’t moving as fast now because everything was jump-started with a tax return. But the important thing is that it is going down 🙂
If you don’t feel it already, you will start to look forward to seeing the statement in the mail with your new LOWER balance, and you will look forward to writing those checks every month to make that debt go down even more! Great job!!
It only gets better. When I paid off my first card I grinned all day! Looking at the $0.00 balance on my computer screen was all the motivation I needed to stay on the goal. You’re doing great!
I was getting very close to the $30K mark myself when I decided to get it under control. Best of luck to you in getting it paid down.