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Home > Debt Update - 8/19/16

Debt Update - 8/19/16

August 21st, 2016 at 10:44 pm

This is the 4th update in a row that we have went under the next $1000 mark for total debt! YES! In addition we were actually just $30 away from going down a full $1000 in debt this update, so we threw an extra $35 at Rental #1 just to get over $1000 paid down this update.

My 3 nights a week of softball have finally ended for the summer and I am happy to have about 10-12 hrs a week back in my schedule! Fall coed softball starts in just a few weeks, but that will only be one night a week, and MO and I play on the same team so at least it is quality time! We are hoping to have a rummage sale in Sept, and that should help pull in some extra cash for savings.

Celebrations for this update:
-Total debt went down $1004.32 in the last 2 weeks!
-Rental #1 passed the next $1000 payoff mark!
-Our Mortgage passed the next $1000 payoff mark!
-Our Mortgage went under the next $1000 mark!
-Total debt went under the next $1000 mark!
-Total debt payoff passed $145K!

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
Store Loan $11,111.08
Mom Loan #2 $26,337.23
MO Mortgage $86,640.44
My Mortgage $155,680.00
Our Mortgage $252,829.46
Total = $532,598.21

Down $1004.32 in the last 2 weeks!!

Starting total was $587,351.27
$54,753.06 paid off since 6/19/15 (including downpayment on house).

We have $425 in a savings account to pay off the Mom Loan, so the amount we still owe that is $25,912.23.

3 Responses to “Debt Update - 8/19/16”

  1. Jenn Says:

    Very nice! I like the way you list your debts in order so you can focus on the next one and see how far you've come all at once.

  2. VS_ozgirl Says:

    You've got plenty to celebrate!

  3. Banker Gurl Says:

    Thanks Jenn and VS_ozgirl!

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