10/06/2011

quick debt load update

Posted by with 5 comments | in
Things are getting pretty hectic on a personal level right now, so I won't be writing (at least I say that now) a lot in the short term.  That said, I did want to post a quick update.

We've been sticking to our credit card debt pay off plan (just made $1,500 worth of payments this morning).  Jordan's credit card will be paid off next Friday and then mine will be paid off the following week.  After that, you'll see that we'll just keep hammering the joint credit card until it dies.


I've been travelling a lot which is inflating the balance of our joint card (le sigh) but I've been submitting my work expenses as quickly as I can and keeping track of what's owed in the chart above.  We currently have a bit more than a $1,000 that we'll still be owing come December which is the result of my being offered to purchase shares at work - a huge opportunity that Jordan and I decided to take advantage of.

We still may be able to get things paid off depending on how Christmas profit share and home buying closing costs all work out - but we won't be banking on those things.

Related Posts:

  • 'the plan'If you missed our omission of debt guilt, check out Friday's post...it's a doozy. Here's 'the plan' to get out of the $18,860 debt hole that we're in. 1. Stop using Credit for 'entertainment' Jordan and I agreed on step one… Read More
  • Debt UpdateAs of today (Jordan's pay day) we have made our last large payment for the month of August towards our debt and have so far only used our credit cards for gas and groceries as we committed.  I know it's only been a … Read More
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  • quick debt load updateThings are getting pretty hectic on a personal level right now, so I won't be writing (at least I say that now) a lot in the short term.  That said, I did want to post a quick update. We've been sticking to our credit c… Read More
  • Debt UpdateSo far so good in that we're sticking to the plan, as of today we're under $10,000 - here is the debt breakdown: This is what we have left for payments: You can see that Jordan and My credit card are now under their 1/3 b… Read More

5 comments:

  1. Michelle6 October 2011 at 08:12

    I think you're doing good!

    ReplyDelete
  2. Anonymous6 October 2011 at 08:22

    Doing great! Keep it up and you'll have those cards all paid in no time!
    ~ Makky's Mom

    ReplyDelete
  3. Sarah6 October 2011 at 09:11

    I agree with everyone else! You are doing great!!!

    ReplyDelete
  4. Jessie6 October 2011 at 09:24

    Thanks All!!

    ReplyDelete
  5. Rafiki9 October 2011 at 20:38

    You are doing awesome. You are definitely sticking to your plan. I never had any doubts. Try and get some proper rest if you are going to be busy.

    ReplyDelete

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