As of yesterday, I have paid off 50% of my original consumer debt. This figure does not include the auto loan that I took out this year or the student loan debt.
I know it should, but since the student loan debt was so high, I started tracking the rest separately. Technically the auto loan should be in that figure, but that loan has an asset, so I guess I should call it unsecured debt. Plus, it occurred after I started tracking this number.
Whichever way I define it, it still makes me feel good and gives me momentum. In the end that is all that matters.
On a side note, I am anticipating that the Credit Card #1 and 401K Loan 2 will be gone in August! Technically I have the money to pay them now, but we are saving that for wedding deposits, etc. I can’t wait to only have three payments to make!