Our goal for January is to pay $1,264 toward our debt. Taking into account the interest that will be charged ($374) , the net will be $890.
So our totals at the end of January should be:
Credit Card Debt :: $ 37,481.48
Taxes Owed :: $ 2,609.66
Personal Loans :: $ 0.00
Total Debt* :: $ 40,091.14
*does not include school loans
And now for the Savings Goals – at the end of January, we aim to have:
Regular Savings :: $ 30
Family Leave :: $ 690
Emergency :: $ 205
Total Savings :: $ 925
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.