Sunday, May 8, 2011

May 2011 debt update

I mentioned that I was going to start being better at posting on this blog...so here goes the latest update on my debt elimination progress.

I've decided to split my debt into two categories....credit card debt and non-school loans (like my new car note). Putting the school loan figure would be a pitiful percentage decrease that isn't even worth tracking until I can double up on payments.

My goal is to eliminate the credit card debt by my next birthday (Jan 2012) - I wanted to give myself a reasonable time line (because unexpected things do happen) and am pretty sure I can make it happen!

I'm giving a comparison from 2010...to the current figures and boy did it make me smile to see the progress! While I can't attribute my couponing alone to the total decrease, I know that some of the money I have saved has gone to pay off my credit cards.  Yay!


account Jul-10 May-11
1 323.64 279.07
2 1888.52 1625.06
3 200  
4 400  
5 274.75  
6 260  
7 2434.46 2147.55
8 12499.18 11858.29
9 1186.01 986.01
Credit Card Debt 3346.91 1904.13
    -43%
Non-school loans 16119.65 14991.85
    -7%

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