Our goal for August is to pay $2,000 toward our debt. Of course, there is interest ($473) , so the net will be $1,527 – now that we’ve managed to pay more than $10,000 off since the end of February, we’re going to set our sights on the $15,000 mark. I think we can do it by the beginning of November!!!
So our totals at the end of August should be:
Credit Card Debt :: $40,806.70
Taxes Owed :: $ 3,509.00
Personal Loans :: $ 5,000.00
Total Debt* :: $49,315.71
*does not include school loans
We’re inching our way to the $50,000 mark!!
And we can’t forget the Savings Goals – at the end of August, we aim to have:
Regular Savings :: $ 240
Family Leave :: $ 325
Emergency :: $ 535
Total Savings :: $ 1,100
According to MSN Money, our debt-free date is :: August 20, 2012!!!
But I think we can get it all paid off by April 2012, which is 4 months earlier, so we have August as our goal and April as our “push” goal (can I get a nod from all of the retail management surviors).