February 2017 Debt Update

February 2017 Debt UpdateWhat’s up y’all? Can you believe that today is the last day of February? It’s time for this month’s debt update.

My total debt went from $65,826.26 to $65,071.15. That as a decrease of $755.11. As of today, that is the largest that my debt has ever dropped in one month. I’m ready to have an even bigger drop next month.



The Numbers

Loan 2 – Down from $5750 to $5740

Chase – Down from $1200 to $540

Navient – Down from $24,023 to $23,943

Nelnet – Down from $34,852.91 to $34,848.15

It’s good seeing the debt get smaller. Last month, I set a goal to attack my Chase credit card debt. It worked. If things go how I think they will, the Chase card will be paid off before March is over. I can’t lie, I’m starting to get excited. After that, I will only have student loan debt left! Side hustles have helped me out so much. If you are in debt or you need extra money, you must find a side hustle. There are many side hustles that you do such as selling things on eBay.

Previous Debt Updates

January 2015 (The Beginning)

November 2016

December 2016

January 2017

How is your debt repayment coming along?

 

Disease Called Debt

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  1. Woohoo! Great job with getting that credit card debt paid off! It’ll be nice to have some lower-interest-rate debt to focus on after that.

  2. Wow! Eliminating over $700 in one month is a awesome! Congrats
    Kim recently posted…8 Tips To Help Your Relationship Survive A BaecationMy Profile

  3. Nice job Jason! My debt repayment is going well. Side hustles definitely help!
    DC @ Young Adult Money recently posted…3 Practical Ways to Automate Your Finances TodayMy Profile

  4. Good work

    do you have an estimated date for completion?

    • Thank you. I set a goal to have it paid off by October 17, 2018. My 35th birthday. I have some work to do, but I’m not quitting.

  5. The side hustling is really paying off! Congratulations on a great month!

  6. Congrats on the biggest debt drop yet!
    Mel @ brokeGIRLrich recently posted…Financially Savvy Saturdays #184My Profile