Holly

Mastercard: 1067.03 @ 5.99%. Paying minimum monthly
Visa: 2425.78 @ 16.73% Paying $100/month.

I have upped the payment on my visa to $600 per month, in the hopes to pay off the balance by Jan 1st. It’s mostly my new computer and the insurance plan. The other one I’m leaving alone for now. I have some student loans with a higher rate than that, so I’m going after those next.

Ok, so I’ve been avoiding this for a while. Time to do some math.

I have 3 student loans. My federal loans from undergrad and grad are consolidated. I have 2 private loans from undergrad.

SAF (Federal): $61,478. @6.25% Due/month: 342.77 I currently pay: 350.00
Key Bank: $14,089. @ 5.67% Due/month: 175.18 I currently pay: 200.00
Gate: $11,770.12 @various Due/month: 152.18 I currently pay: 175.00

I’d like to pay at least 2 of my gate loans off as they have high interest rates (9.25%). I need about $3400 to do that. I should have my credit cards paid off in the next few months I hope, and then I will start throwing money at these. It’s scary to think that even if I paid them 1K a month, it would still take over 8 years. Right now I’m forking over about 725 so that’s not too impossible to do. I will make that my goal, to pay $1000 a month towards my student loans, once my credit card is paid off.

I don’t think I can accomplish my goal of moving back to Maine until my loans are paid off, because my salary would really go down there, more than the cost of living would decrease, so it’s important to me to pay these off quickly.

I’m going to use 43 things to track my debt payoffs. I want to post an update monthly on both the credit cards and student loans.

This is hard for me, to put myself out there on the dating scene again. I’ve been avoiding it for months but I’ll admit I’m lonely and miss having someone special in my life. I’m tired of online dating. But I don’t seem to know where to meet decent guys. I know they exist, my friends are all marrying them. Several of them met online so perhaps it’s just the luck of the draw.