<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Review of Debt Since 2016

Review of Debt Since 2016

November 27th, 2017 at 05:30 pm

Here is a perspective on what my balances were a year ago and today.


MORTGAGE:
NOV 2016 = 86,735.14
NOV 2017 = 84,213.18

STUDENT LOAN
NOV 2016 = 17,764.25
NOV 2017 = 15,990.72

CC1
NOV 2016 = 13,928.46
NOV 2017 = 11,564.48

CC2
*** NOT TRACKED IN 2016
NOV 2017 = 8,315.19


Goals for 2018 to bring CC2 to zero. CC1 down to $6,000.

Posted in Credit Cards, Debt | 4 Comments »

4 Responses to “Review of Debt Since 2016”

  1. Out of the Dark Says:
    November 27th, 2017 at 11:43 pm 1511826198
    1511826198

    Excellent goals. I am rooting for ya!

  2. PatientSaver Says:
    November 28th, 2017 at 01:05 am 1511831116
    1511831116

    What is your strategy for reaching your 2018 goal?

  3. PatientSaver Says:
    November 28th, 2017 at 02:34 pm 1511879679
    1511879679

    You will need to be fairly aggressive in your debt paydown. So your goal, if my math is right, is to pay down close to $14,000 in 2018, plus your savings goal is $3,000.

    Are you expecting any kind of pay raise this year? You might want to commit to funneling that toward your credit card debt. That could go a long way. Even a p/t job, if you aren't already working, could really help you reach your goals.

  4. rob62521 Says:
    November 29th, 2017 at 04:30 pm 1511973042
    1511973042

    Great goals and it is super seeing the balances go down!

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]