It’s that time again! It has been 5 months since my last debt pay-off report. The last one was in April. I’m proud to say we’ve come a long way since then, but we haven’t come as far as I would have liked. Still – between our two jobs, Mike and I are finally making a healthy amount where we can put a lot of extra cash towards our debt again.
I’m not going to go into detail about how reached our current numbers and why they’re not better or worse. We’ve had a lot going on, and I am actually relieved to say goodbye to summer. The summer has brought a lot of visitors to our home, which is something we are not used to and seems to make us spend more money. It can be overwhelming at times. Now that it’s cooling down, the stream of travelers will lessen and we can re-focus.
Our new cumulative debt total is $71,137.
APRIL’S DEBT REPORT (which I see isn’t even correct really, don’t look too closely).
SEPTEMBER’S DEBT REPORT
I feel really good about this number, especially since I announced that we are probably going to be buying a home next spring. Our number one priority before we get pre-approved for a mortgage is to eliminate our credit card debt. That will have the biggest impact on our credit scores. We really want that low interest rate.
I am a little disappointed that we didn’t get into the $60k range, but what can I say? We have had a lot going on. For as many visitors and outings we’ve had, and the amount of time it took Mike to get on at the post office, we’ve done fairly well making it work, and we’ve consistently been paying extra on the debts.
Our goals for the rest of the year are to get that Discover card down and possibly pay off the last Sallie Mae loan. It’s just kind of annoying, and it’s a $75 a month payment. So, we’ll see. You know I like to keep switching things up, so I’ll do what floats my fancy.
Anywho, thanks for following along. I don’t think October will bring much change since we have to put new tires on my Terrain and new brakes on my husband’s truck. Tis the life though right? Two cars means two sets of maintenance costs. We’re budgeting these in though, so they shouldn’t put us any further in debt. They’ll simply not allow us to pay any extra.
How is your journey going?