February 2008 Debt Review
Wed 19 Mar 2008, Written by Eden
Categories: Debt, Monthly Report
We finally topped the $10,000 mark in principal paid on all of our debt! We have been close to $10,000 for a couple of months now so I’m really glad to finally hit that milestone.
Current total debt = $255,118.82
Principal paid in February 2008 = $729.41
Principal paid since August 2007 = $10,499.94 (average of $1,499.99 per month)
We paid a lot more debt per month in the last few months of 2007. I’m not exactly sure what the difference has been lately. I think we are spending money a bit more loosely than we were then and I also had some side projects toward the end of 2007 that provided some nice extra income to pay toward debt.
We need to tighten up on the spending and I need to find some projects so we can make some more progress in 2008.
March 19th, 2008 at 10:05 am | debtdieter said:
Congratulations, that’s a fantastic result in such a short time frame!