Been a bit busy to post updates on our debt, here is the one for November. Wow holidays upon us again. sigh
Nov update
You are currently $11,568.16 in debt. By using the snowball method and paying an extra $300.00 a month, you will be debt free in April of 2011 and pay a total of $12,343.51..
We had 12,279.73
New Balance 11, 568.16
Paid off $711.65
August Update
You are currently $12,279.73 in debt. By using the snowball method and paying an extra $200.00 a month, you will be debt free in April of 2012 and pay a total of $13,678.45.
We had 12,692.73
New Balance $12,279.73
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Well I have a nice update really nice. We had a lil blessing given to us and we paid off a large part of our debt. We are not out of the woods yet, but it sure does feel good to have it be a smaller number.
You are currently $12,692.73 in debt. By using the snowball method and paying an extra $100.00 a month, you will be debt free in November of 2011 and pay a total of $13,921.95.
We had $29,846.96 – 17,154.23 = 12,692.73 Our new balance.
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Accepting that this is where we are now, and working our way out. Digging and diggin and will will be free from MasterSlave and VisaShackles forever.
May 2009 Update
You are currently $29,846.96 in debt. By using the snowball method and paying an extra $100.00 a month, you will be debt free in February of 2013 and pay a total of $38,369.23.
$30,457.56 – $29,846.96 = $610.60 Paid off this month
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Update 4/2/09
You are currently $30,457.56 in debt. By using the snowball method and paying an extra $100.00 a month, you will be debt free in February of 2013 and pay a total of $39,393.83.
$30,949.98 minus $30,457.56 = $492.42 paid off this month
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Update 3/1/09
You are currently $30,949.98 in debt. By using the snowball method and paying an extra $25.00 a month, you will be debt free in August of 2013 and pay a total of $41,443.90.
$31,391.22 minus 30,949.98 = $441.33 paid off this month.
It is going down slowly despite my husband working two jobs and me working at home more hours. We are trying to build up an emergency fund, so we don’t have to go to cr cards when we need money. Live and Learn
Update 2/4/2009
You are currently $31,391.22 in debt. By using the snowball method and paying an extra $100.00 a month, you will be debt free in February of 2013 and pay a total of $40,668.02.
31,800.73 – 31,391.22 = 409.51 Total Our Debt Has Been Reduced.
Slowly but we are going in the right direction.
Updated 1/3/2009
You are currently $31,800.73 in debt. By using the snowball method and paying an extra $100.00 a month, you will be debt free in February of 2013 and pay a total of $41,376.57.
32,178.29 minus 31,700.73 = 477.56 Amt our debt has gone down this month.
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You are currently $32,178.29 in debt. By using the snowball method and paying an extra $0.00 a month, you will be debt free in November of 2013 and pay a total of $44,527.21.
Ouch that hurts much, if I was depressed before, now I am going off the deep end.
Found this at Destroy Debt