I’m keeping track of my payments towards the remainder of our interest accruing debt (besides the house) to kinda see the progress as we reach my goal of having this gone by or in February 2010. So expect these posts monthly! Each month, seeing the progress should hopefully motivate me to stay on track with this.
- Starting Balance of Debt in September 2009: $3469.49
- Total Payments in September 2009: $1027.17
- Total Payments YTD: $1027.17
- Total Card Charges in September 2009: $1666.77
- Total Finance Charges For September 2009: $35.32
- Total Finance Charges YTD: $35.32
- Starting Balance for October 2009: $4144.29
- $0 Goal: February 2010
Notes for this month:
Obviously this month moved backwards, but I am not too worried. With the freelance money I have coming in, it will certainly help the extra money that was displaced due to the new well pump, new water tank, new well parts, etc. Part of the large balance was also due to the crab feast dad and I hosted, which I had the money saved up for, but for convenience dad used the card I gave him, and I just transferred the money saved over to the card that same day (hence the larger payment this month too).
See also: My series of paying off dad’s loan in 8 months
Tags: debt, Finance, Interest Debt
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