Hello, everyone. I hope everyone has had a good June so far. Today’s post is my monthly debt update.
My debt went from $68,342.92 to $68,105.91. That was a decrease of $237.01. You also probably notice that my Wells Fargo student loan is gone. I paid it off at the beginning of the month! It feels great to have one less debt. Since I am doing the debt snowball method, I now shift my focus to my Bank of America credit card. It should be paid off by November. I might be able to do it sooner, but I’m not really sure. My best friend is having a destination wedding in August. I’m honored to have been selected as the best man. I have to save money for the wedding, so I may not be able to apply any extra payments to my debt for the next month or two.
Below are my current numbers:
Loan 2 – DOWN from $5850 to $5840
Bank of America – DOWN from $908.14 to $897
Chase – DOWN from $1910 to $1885
Navient – DOWN from $24,700.53 to $24,611.30
Nelnet – DOWN from $34,874.90 to $34,872.61
I love the fact that all of the numbers are getting lower. As I stated earlier, my focus has now shifted to the Bank of America credit card.
Previous Debt Updates
January 2015 Debt Update (The Beginning)