pay off my debt

Wow, it’s been awhile. Here’s what things look like at the moment:

CC#2: 9100.00
CC#3: 5600.00
Parental Loan 13,370
Total Debt: 29014.25 28070
CC#D: 250.00 (Company is paying this one off)
Total Company Debt on CC: 250.00

CC#2: 8000.00
CC#3: 7644.25
Parental Loan 13,370
Total Debt: 30,282.83 29014.25

CC#D: 300.00 (Company is paying this one off)
Total Company Debt on CC: 300.00

Wow. It’s amazing how much more money I seem to have now. (Please note the seem. Most of it is still destined for the CC payments.)

Now that I’ve only got two (three on occasion) bills coming in, it seems as if my bank acocunt is much healthier. I can’t wait to pay off another bill. The momentum is picking up for me. If I manage to keep the level of extra payments up from last month, I should be free of the next bill in seven months.

Right now, my task is to call and see if I can get my APR lowered. That would really make my day. If I can get Discover to lower their APR as well, I’ll be overjoyed. (Even though Discover gets paid off monthly via the business account.)

Of course, getting my business partner to pay me back, I’ll be happy too. I’m not holding my breath. I’m also not forgiving the debt. Actions have consequences.

1 Credit Card completely paid off!

Woohoo!

One down, 2 cards and 1 loan from my parents to go!

Now, if I didn’t think you were robbing my future Social Security and short-changing environmental and social programs for it, I’d be happier, but, I’m not going to give my stimulus check back.

83% of it is going directly towards my debt.
17% of it went towards an external hard drive and a little electronic toy (DVD player) for me. (This keeps me from getting back into debt, which is the whole point of paying off the debt in the first place.) So, I stimulated the economy a little bit. Despite my first reaction which was to put all of it towards the debt.

Given what I’ve made from Amazon and a few other sources, including that lovely check from the gov’t. I am on schedule to paying off one of my credit cards this month. I’m over-joyed!

I’ve also found a way to pay back my parents and reduce the family’s debt-load. I’m paying directly towards one of their loans to pay off the loan that I owe them. It helps us both out.

I’ve gotten into a pact with my mother to work at paying down all the family debt, not just my own. We’re doing yard sales and bits and bobs like that. What she and I really want is to kill the second mortgage (HELOC) on the house so we don’t have to move.

CC#2: 5836.67 6453.49

CC#3: 7439.75 7644.25

CC#6: 3890.28 2815.09

Parental Loan 13,370

Total Debt: 27536.70 30,282.83 (increased 2746.13—that’s the wrong way for this debt to be moving.)

My business partner has been relying on one of my lines of credit for books while in school. She’s theoretically going to pay me back. I’ve never really believed that.

The possibility of my actually getting paid back has just increased. She’s finally getting a day job while she waits to finish her degree. (She only needs one more class to graduate.)

That should help me keep her spending in check at least.

Wow. Missed two months on this:

CC#2: 4981.07 5836.67

CC#3: 3107.79 7439.75

CC#6: 4043.64 3890.28

Parental Loan 13,370

Total Debt: 25,502.50 27536.70

I’ve totally backslid on this goal. Not checking in means I wasn’t accountable and therefore didn’t work as hard towards the goal as I should have.

On the plus side, I’ve stopped using my credit card to buy my lunch and I’ve automated some of my savings. I still need to do a lot better with this goal.