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Debt Update as of 7/21/17

July 21st, 2017 at 09:39 pm

$1033.76 paid off in the last 2 weeks!

Celebrations for this update:
-$1033.76 paid off in the last 2 weeks!
-My Mortgage went under the next $1000 mark!
-Our Mortgage went under the next $1000 mark!
-Total debt went under the next $1000 mark for the 3rd update in a row!
-Payoff on Race #3 passed $35K

Student Loan $0
Payback Savings $0
David's Bridal $0
Scheel's Card $0
Total Rewards $0
LOC - US Bank $0
Ring Iddeal $0
Best Buy $0
HELOC $0
Store Loan $8,383.27
Mom Loan #2 $20,168.85
MO Mortgage $84,656.75
My Mortgage $151,750.00
Our Mortgage $248,643.70
Total = $513,602.57

Down $1033.76 in the last 2 weeks!!

Starting total was $587,351.27
$73,748.70 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $2035 in a savings account to pay off the Mom Loan, so the amount we still owe that is $18,133.85.

2 Responses to “Debt Update as of 7/21/17”

  1. Myfinancekits Says:

    You are making progress. I suggest you try side hustle in other to accelerate the repayment, Otherwise you may be paying too much money on interest to service the loans.

  2. Banker Gurl Says:

    Myfinancekits - Thanks! We definitely have a lot of hustle going on! We both work full time, I frequently do OT, my husband coaches bball in the winter, we have 2 rental properties that we clear about $1400 over the mortgages on every month, have another renter living in our basement, are property managers at a 4th property, I do tons of buying/reselling for profit, recycle cans, do rebates, have rummage sales...I'm exhausted just thinking about all of our hustle!! Smile

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