My husband and I have (finally!) paid off all of our credit card debt. We are without credit card debt for the first time in our decade-long marriage. I feel as though a huge weight has been lifted.
We had as much as $40,000 at one time in 2010, and we paid all but $4,000 of it off that same year while my husband was deployed. But then we hit a rough patch after he left the military, and we started using our cards again. When we buckled down in March of last year, we had just under $30,000 of credit card debt. That amount didn’t include my husband’s vehicle debt (around $8,000 at the time) and student loan (around $6,000 at the time). It also didn’t include the two other debts we are working on paying off now: my vehicle loan (around $17,000 currently; it was $24,000 at the beginning of the year) and my student loan (around $49,000 currently; this one was $53,000 in January).
All that said, I’m finding looking at our old net worth charts VERY motivating these days! So I’m posting a free printable one here on the blog today for those of you who are keeping track of your debt payoff and savings progress.
You know how this works, right? Click the link below.
If you have any suggestions for this printable, please let me know by leaving a comment below. I’ll respond within a few days.