It’s a little pass the middle of the month. You know what that means, another debt update. Today’s post is my monthly debt update. I decided last year that I wanted to pay off my debt sooner than later. Since January I have been keeping track of it. I started this journey with over $72,000 worth of debt. I plan to have it paid off by October 17th, 2018. I plan on making that happen by creating multiple streams of income. Besides my job some of the other streams are money from this website, eBay & t-shirt sales. September’s update is below.
My total debt went down from $70,849.78 to $70,624.94. It decreased by $224.84. The credit union loan is less than $200. I’m focused on eliminating that one VERY soon.
Loan 2 – DOWN from $5940 to $5930
Credit Union Loan – DOWN from $244.36 to $188.39
Wells Fargo Loan – DOWN from $1179.14 to $1127.18
Bank of America CC – DOWN from $3141.58 to $3108.37
Navient – DOWN from $25,569.63 to $25,466.27
Nelnet – UP from $34,775.07 to $34,804.73
I like what I’m seeing so far, but I know that I can do much better. If I grind hard enough I can knock out 2 more of these debts before the year is over. It’s time to buckle down and make this sh*t happen!
Previous Debt Updates:
January 2015 Debt Update (The Beginning)
If you’re paying off debt, how did your previous month go?