Our last debt repayment report was April 3, so here is the progress we have made since then:
The current balance and the change in balance since the last report are:
Business credit card: $1,145.57 -252.63
Personal credit card: $11,364.33 -130.25
My student loan: $5,535.20 -157.40
Husband’s student loans: $30,957.74 -30.82
Total: $49,002.84 -$571.10
A few notes:
- The business credit card is seriously getting on my nerves. How long will that little thing linger? I am going to try to attack it this month by selling some more things on eBay and Craigslist and putting all the extra money I can on it. Hopefully, my challenge to track my spending will help with this.
- I want to renew my gazelle intensity. The 8 week period when we couldn’t snowflake has thrown me off. Time to get intense again by working extra and spending less.
When we became Gazelle Intense on October 20, 2011, our balance was $57,966.01. Since then, we have paid down 15.4% of our debt, or $8,963.17.
I am going to start further breaking down our debt. Our first priority is paying off the credit cards. On October 20, 2011, our overall credit card balance was $20,316.63. The credit card balances now are $12,509.90, so we have paid off 38.5% of our credit card debt, or $7,806.73.