April posed some complications for us and we didn’t end as strong as we had hoped we would, but we are glad that we made some progress, instead of staying flat or adding more debt.
Our goal for May is to pay $3,145 toward our debt. Of course, there is interest ($471) , so it won’t be a net reduction of $3,000, but it should be around $2,674, which is still progress!
So our totals at the end of May should be:
Credit Card Debt :: $44,015.18
Taxes Owed :: $ 4,316.83
Personal Loans :: $ 5,400.00
Total Debt* :: $53,732.01
*does not include school loans