I am pleased to announce I have exceeded the $7000 mark and am well on my way to achieving my goal of getting my total debt under $100,000 by the end of this year!
While I have had a few set backs since May, I am very pleased to have paid off this much money. The great thing, as I pay more off the interest reduces and it goes much faster. It really is like a snowball!
It is an awesome feeling to look at how far I’ve come in less than a year. To be honest, I wasn’t sure I could do it. I really can as long as I realize it is going to be hard and slow going at least at the beginning.
Here is the estimated payoff date (without extra payments):
Credit Card 1: December 2012
Credit Card 2: October 2013
Credit Card 3: January 2012
401K Loan 2: December 2012
401K Loan 3: November 2011
Student Loan: December 2018
2012 is going to be a good year, thanks for following me on my journey!