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Payday and Debt Pay Down Update

December 30th, 2016 at 10:25 pm

Last paycheck for the year and even after rent + other bills we were able to make the following payments:

CC#3 - Paid full balance of $749 /New Balance $0 (My company reimbursements helped pay back the business related expenses)

CC#5 -Paid $500/Old Balance: $1888/New Balance: $1388

CC#7 -Paid $350/Old Balance: $19893.64/ New
Balance: $19543.64

That is a total of $1596 this paycheck where $850 of it was not part of my reimbursed business expenses. Just last month CC#5 had a balance of $2800, it's so motivating to see the balance continue to drop and know that we are one step closer to paying off this high interest credit card.

DW also got paid today but her check takes a few business days to clear. Once it does, TBD on the CC#8 payment amount but most likely will be $600-$700.

Slow and steady wins the race...

1 Responses to “Payday and Debt Pay Down Update”

  1. creditcardfree Says:

    You are doing great! It will happen if you make the effort and stay focused.

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