Our goal for December is to pay $1,260 toward our debt. Of course, there is interest ($362) , so the net will be $898.
So our totals at the end of December should be:
Credit Card Debt :: $ 38,275.93
Taxes Owed :: $ 2,771.70
Personal Loans :: $ 0.00
Total Debt* :: $ 41,047.62
*does not include school loans
And now for the Savings Goals – at the end of December, we aim to have:
Regular Savings :: $ 100
Family Leave :: $ 1,080
Emergency :: $ 550
Total Savings :: $ 1,730
According to MSN Money, our debt-free date is still :: June 24, 2012
But I think we can get it all paid off by February 2012, which is 5 months earlier, so we have June as our goal and February as our “push” goal.