Debt Progress July 30, 2008
Total debts paid in full: 3
Amount paid off: $ 2176
Total amount of payments made: $2816
Next debt in line: at&t advertising $1428
Current balance: $159,462
My current balance keeps rising because of interest charges on some of the bigger debts farther down my snowball list. I would be really bummed out if I only looked at this number instead of the real progress I’m making actually paying the littler debts off. This is also why I’m trying to get my income up as high as possible so I can make a really big dent in the current balance and make it start going down.
When I started blogging, I was giving myself 3 months to gauge how fast I could realistically pay all this off. I still need the third month of tracking to get a good handle on some realistic debt goals. I plan to post debt payoff goals in mid-September.
