Last month:
Total credit card debt: $6,677.41
Total student loan debt: $33,022.93
Total savings: $500.00
Checking account balance: $403.36
Today:
Total credit card debt: $6,078.91
Total student loan debt: $33,022.93
Total savings: $600.00
Checking account balance: $203.74
So everything is moving in the right direction. I now need to contribute several hundred dollars a month more than I was previously to our joint budget, so my debt repayment is going to be slowed a bit, but I'm also going to start seeing bigger paychecks starting October 1, so I think it will all work itself out OK.
Comments (2)
Wow, that's some honesty! I feel you on the student loan debt -- in the past 10 years I've put myself through a BA and MFA. Yikes!
Posted by Patia | August 4, 2007 10:50 PM
The student loan debt is actually the least bothersome part of it for me. It is deferred right now (until the end of the month, anyway), but when it's not, I pay it off a wee bit at a time and it's fine. It's the CC debt that I really really hate. And the lack of savings.
I am hoping to get the rest of the CC debt taken care of before the end of 2007, though, and then things will start looking different.
Posted by Grace
|
August 6, 2007 8:40 AM