Well I have an awesome mother. She offerered to loan me and DF $15,000 to payoff some of the high interest debt. WOW. She must love me or something!? I was completely surprised at her offer, and we are so grateful!! The loan is at 4% and we will be paying her $300 per month and planning to pay her off early.
$9000 of it has cleared, so we used it to payoff the Total Rewards Card and the LOC - US Bank. Also DF got rent from his renter so paid back the $400 to savings, and we took $630 out of savings, plus $300 from DFs paycheck to payoff the Scheel's Card. So already some HUGE progress! Once the other $6000 from my Mom clears the bank we will put that against the ring debt. Depending on how things go with the new house, maybe we can even pay the ring off before the New Year?? Then we will focus on paying back my Mom as the next priority, as at that time it would be our highest interest other then DF's mortgage at 4.5%.
I am not sure I like using a picture of my Excel Sheet, but I guess it's better then trying to format with the blog page.
Debt Update - Loan from my Ma!
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BG - That was very nice of your mom to do for you guys!