January 2017 Debt Update





January 2017 Debt UpdateHello, everyone. I hope 2017 has been good to you so far. It’s been alright for me so far. In today’s post, I will be sharing my January 2017 debt update.

 

My total debt went from $66,495.50 to $65,826.26. It went down by $669.24. That’s my second highest drop ever! This is a great way to start the year. Below are the details.

The Numbers

Loan 2 – Down from $5769 to $5750

Chase – Down from $1720 to $1200

Navient – Down from $24,150.20 to $24,023.35

Nelnet – Down from $34,856.30 to $34,852.91

The side hustling has been helping me lower my debt. I’m focusing on eliminating the lowest debt that I have right now, which is the Chase card. I’m still looking for more ways to generate more income. I have a few things up my sleeve that I will be sharing with you in a few months.

Previous Debt Updates

January 2015 (The Beginning)

October 2016

November 2016

December 2016

If you’re paying off debt, how is it coming for you?

 

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  1. Fantastic job on paying off your debt this month! Almost $700! That certainly isn’t chump change. Excited to hear what’s up your sleeve in the next couple of months!

  2. I’ve paid off all of my debt besides my student loans, but I’m still in school, so I’ve got a ways to go!
    Alexis @FITnancials recently posted…How I’ve Saved Almost $5,000 From Not Buying StuffMy Profile

  3. Oh that Chase balance is getting really low! Looking forward to see you knock it out soon!
    DC @ Young Adult Money recently posted…How to Get Life Insurance Online – My Experience with PolicyGeniusMy Profile

  4. Congrats Jason! When we are in debt, we are counted as slaves. You are coming out of your debt ocean slowly. And your debt payment dropped down, that’s also a great news.