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April Debt Update

April 2nd, 2012 at 12:35 pm

What a month was March! It seemed as if money was flowing in and out at an abnormal pace. Here are my new updated debt figures. Slowly chipping away.

April 2012 Debt
Mort 1 $103,172
Mort 2 $69,370
CC1 $3,220
CC2 $2,058
CC3 $1,151
CC4 $2,502
Van Loan $5,604

Total principal paid as compared to last month: $1,123. CC 3 is scheduled to be history in October. It's nice to see it melting down. We're also sending $190 worth of principal toward the van now.

I've decided to up my monthly payoff goal. For a year, my goal has been $1,000 per month. I've hit that most (not all) months. I'll up that 5% to $1,050 per month. I think that doable without stretching too much.

Posted in Budgeting, Personal Finance, Credit Card Debt, Financial Calculations | 2 Comments »

2 Responses to “April Debt Update”

  1. creditcardfree Says:
    April 2nd, 2012 at 02:08 pm 1333375709
    1333375709

    Best wishes on your new goal...that's an additional $600 for the year towards debt pay off!!

  2. LuckyRobin Says:
    April 2nd, 2012 at 09:41 pm 1333402884
    1333402884

    I think it is a reasonable goal. I found stretching by just a little bit was never really as noticeable as I feared it would be. And it always made such a difference.

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