Here is the much-anticipated (okay, maybe I'm the only one who looks forward to this but....) debt update! We did well last month, which considering all the creative budgeting (due to an abundance of summer activity wants...mostly on my part) we had to do is great!! Here's a peek at our current financial (okay, debt) situation.
Credit Line at $1617
My National Student Loan $23,542.89
Lastly, my BC Student Loan at $6005.97
The loan against my husband's 401K is now $566
The credit card is sitting heavy at $6500
My husband's Student Loan is now down to $2464
Our new debt total is $40,695.86
Die, Debt Beast! Die!!
Last month at this time we owed $42,680.06. I am still a little confused as to how we paid off almost $2000 of debt. Confused but thrilled. Very, very thrilled. Next month we will have moved into the 30K zone! How amazing is that? Progress, progress. I think we'll celebrate over a lovely bottle of wine when we hit that target...which should be next month if all goes well.
Squirrel and Nest offers one-on-one and small group financial counseling services that aim to give individuals the knowledge and independence they need to get their financial lives in great shape.