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Debts to Pay
|
September
19, 2016
|
|
|
|
|
|
|
|
|
|
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Credit Card
|
1,961.71
|
|
|
|
|
Student Loan D
|
2,810.71
|
|
Student Loan B
|
2,833.43
|
|
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
|
8,237.18
|
|
Student Loan E
|
8,320.70
|
|
Car Loan
|
12,677.91
|
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Mortgage
|
51,919.87
|
|
Total
|
107,662.56
|
Amount Paid Off Since Last Post: $-220.52
*Current chart shows adjustments for interest, pay downs, and pay offs.*
Let’s talk about something real today. Negatives. Lately, there have been a lot of negatives in our life. We have hit a wall of having too much debt and not enough money. This is a problem for so many people. As you can see from our total, we actually added more debt since my last post. What?!
It’s not all bad though. I managed to pull in a little extra income with my essential oil game this month, and that is all going right towards paying down our credit card. The credit card we have is one that we use strictly for groceries and emergencies (which we had several of those in the last few weeks). That is part of the responsibility that comes with having a credit card. We stayed on top of it until we were hit with two home repairs that could not wait, as well as a legal fee we needed to cover (no worries, we are good here!).
I’ve learned that being an adult is hard—especially in terms of money. I think our next step after paying off our credit card will be to build our savings account up to a couple thousand. This may seem like a bad idea, considering how much debt we still have. But when emergencies hit, I would much rather pay them off right then, rather than scrape by for months until it’s all paid off.
In the meantime, we are pinching pennies even harder. We are finding things to sell, looking for ways to earn money, and working towards our goal of being debt free!
--chloe.
