Join us on our journey to lead a debt-free, credit-free, clutter-free life.
Posts tagged as:
Debt Payments in April: $2,580.53
Interest: $2,078.73
Principle: $501.80
Total Debt: $311,014.06
Second Mortgage: $31,482.99
Rental Mortgage: $108,899.92
Primary Mortgage: $170,631.15
*****
Our Debt Snowball is taking a breather. We made our regularly scheduled payments and nothing extra. And I’m okay with that. Instead of throwing snowflakes on the debt snowball, I am throwing as much cash as I can into our “Emergency [...]
{ 6 comments }
We paid off our consumer debt last month! Woo-hoo!
Oh, wait. Did I mention that already?
But we still have a boat-load of mortgage debt. Here’s the skinny.
Second Mortgage: $31,552.49
Primary Mortgage: $170,820.61
Rental Mortgage: $109,150.33
Total Mortgage Debt: $311,523.43
*gulp*
We are taking a brief hiatus on the debt snowball to build up some savings (beyond the $1000 emergency [...]
{ 4 comments }
January’s Progress
Debt #1 Original Balance (in May): $2260.17
Paid Off
Debt #2 Original Balance (in May): $6493.00
Paid Off
Debt #3 Previous Balance: $3,396.21
paid $1,768.50
Current Balance: $1,627.71
Original non-mortgage Debt (in May): $19,375.72
Current Grand Total: $1,627.71
***
I have high hopes for paying off this debt completely by the end of February! I only wish that were the end of it — [...]
{ 9 comments }
December’s Progress
Debt #1 Original Balance: $2260.17
Paid Off
Debt #2 Original Balance: $6493.00
Paid Off
Debt #3 Previous Balance: $4.907.12
paid $1510.91
Current Balance: $3,396.21
Original non-mortgage Debt: $19,375.72
Current Grand Total: $3,396.21
***
What I said a month ago…
“Obviously our tenants moving out of our rental house in Vegas is going to put a damper on our debt eradication. We can cash flow two [...]
{ 8 comments }
November’s Progress
Debt #1 Original Balance: $2260.17
Paid Off
Debt #2 Original Balance: $6493.00
Paid Off
Debt #3 Previous Balance: $6,607.12
paid $1000.00
Current Balance: $4,907.12
Original non-mortgage Debt: $19,375.72Current Grand Total: $4,907.12***
Obviously our tenants moving out of our rental house in Vegas is going to put a damper on our debt eradication. We can cash flow two mortgages… But it ain’t pretty.Looking [...]
{ 3 comments }
October’s Progress
Debt #1 Original Balance: $2260.17
Paid Off
Debt #2 Original Balance: $6493.00
Paid Off
Debt #3 Previous Balance: $8,802.00
paid $1000.00
Current Balance: $6,607.12
Original non-mortgage Debt: $19,375.72Current Grand Total: $6,607.12***
We paid $2,128.10 in debt last month! Woo-hoo! We met and even exceeded our goal of $2000!
One snowflake that helped us achieve this goal was an escrow overage check we received [...]
{ 4 comments }
September’s Progress
Debt #1 Original Balance: $2260.17
Paid Off
Debt #2 Original Balance: $6493.00
Paid Off
Debt #3 Previous Balance: $9,802.00
paid $1000.00
Current Balance: $8,802.00
Original non-mortgage Debt: $19,375.72Current Grand Total: $8,802.00***
Our snowball clearly took another hit in September. Our goal is to put $2000 toward debt every month. In September we managed half of that.The main culprits:
Home Warranty: $519.00
Two Pre-Paid Cell [...]
{ 6 comments }
August’s Progress
Debt #1 Balance in April: $2260.17
*Still Paid Off* (wOOt!)
Current Balance: $00.00
Debt #2 Previous Balance: $389.09
PAID OFF!
Current Balance: $00.00
Debt #3 Previous Balance: $10,270.55
Paid minimum balance of $68.00…
and an extra $400.55
Current Balance: $9,802.00
Previous Grand Total: $10,659.64Current Grand Total: $9,802.00
You might say our debt eradication took a beating in August. It’s a bit ironic, because our final [...]
{ 2 comments }
July’s Progress
Debt #1 Balance in April: $2260.17
*Still Paid Off* (wOOt!)
Current Balance: $00.00
Debt #2 Previous Balance: $2,437.06
Paid minimum balance of $73.00…
…and an additional $1974.97
Current Balance: $389.09
Debt #3 Previous Balance: $10,305.55
No minimum due because I paid extra in June (late).
Current Balance: $10,270.55*
*The balance decreased by $35 only because I asked for a refund of June’s late fee.
Previous [...]
{ 2 comments }
June’s Progress
Debt #1 Balance in April: $2260.17
*Still Paid Off* (wOOt!)
Current Balance: $00.00
Debt #2 Previous Balance: $4,802.56
Paid minimum balance of $188.00…
…and an additional $2177.50
Current Balance: $2,437.06
Debt #3 Previous Balance: $10,516.55
Paid minimum balance of $246.00
Current Balance: $10,305.55
Previous Grand Total: $15,319.11Current Grand Total: $12,742.61
{ 0 comments }
