Debts to Pay
|
August
22, 2016
|
Credit Card
|
1546.58
|
Student Loan D
|
2,791.60
|
Student Loan B
|
2,814.17
|
Student Loan F
|
2,998.40
|
Student Loan A
|
3,517.61
|
Student Loan C
|
4,495.04
|
Student Loan PX
|
7,890.00
|
Student Loan G
|
8,205.25
|
Student Loan E
|
8,320.70
|
Car Loan
|
12,852.66
|
Mortgage
|
52,010.03
|
Total
|
107,442.04
|
*Current chart shows adjustments for interest, pay downs, and pay offs.*
Life happens. Things break. The unexpected comes along. This is something I am learning a lot about lately. As you may notice on my debt chart, there is a new line: Credit Card. This is where life has happened for us in the last few weeks. We had to make a large charge to our credit card. It was a tough decision, and one that we didn’t make lightly. We weighed our options and this was truly the best choice. So now we are working toward paying this off. The good thing is that our particular credit card is also a rewards card, so we at least get some benefits from making such a large purchase. And, bonus points to us: we have already paid half of it off thanks to a generous donation from our family!
You may also notice that we paid off our hospital bills this week too!!! I am BEYOND thrilled about this! We had some extra money come our way specifically for hospital/doctor bills, so this was a welcome relief! That gives us an extra $175 in our budget to add to debt payoff! This is also joined in by our Student Loan budget of $75, so we have $250 budgeted for debt payoff now. I recently was re-approved for $0 payments on my student loans for a year, as was my husband. Once we have our credit card paid off, we will be able to work on knocking out our student loans!
I'm thankful that we are finally making some real progress on this whole debt-free journey. I know that we have a long road, but it's amazing to see how far we have come since starting this. God has been good to us, and my hope is that this journey will continue to be blessed by Him.
--chloe.
No comments:
Post a Comment