Our Debt Snowball/Avalanche

10/03/2018 $89,442.93

  • Student loans:  $52,682.20 (6.625%)
  • Vehicle loan #1: $4,916.95 (4.25%)
  • Vehicle loan #2: $25,249.29 (2.35%)
  • Credit card debt: $6,594.49 (0%)

Payoff date:  July 2022

10/04/2018 $88,937.52 (net decrease:  $505.41)

  • Student loans:  $52,682.20 (6.625%)
  • Vehicle loan #1:  $4,916.95 (4.25%)
  • Vehicle loan #2:  $24,869.62 (2.35%)
  • Credit card debt:  $6,468.75 (0%)

Note:  We paid our monthly payment on vehicle loan #2, and we paid my husband’s old student loan payment to the credit card debt.

New payoff date:  April 2022

10/05/2018:  $88,910.57

  • Student loans:  $52,682.20 (6.625%)
  • Vehicle loan #1:  $4,916.95 (4.25%)
  • Vehicle loan #2:  $24,869.62 (2.35%)
  • Credit card debt:  $6,441.80 (0%)

Note:  I had an old bank account that I never used, so I closed the account and put the small amount in it on the credit card debt.

They are called baby steps for a reason, folks!

How much have you paid down on your debt?

Blessings,
Bridget | Ordered and Organized