Break it down, again…

…ah, remember that lovely song from the 80’s? Tears for Fears, I think it was?

Anyway, I thought it might be illuminating for me to list the breakdown of our debt so it tells a more complete story.

Here are the totals at the beginning of January 2010.

Balance Bank of America 3226.68 Capital One 2565.14 Capital One #2 1167.30 Lane Bryant 1385.56 Sears 1077.25 MBNA 16641.03 Citi Bank
Direct Merchants
SearsPLUS 12132.52
0.00
0.00 Credit Card total 38195.48 IRS 2785.66 State Taxes 0.00 Tax total 2785.66 Grandpa 0.00 B&S 0.00 Personal Loan total 0.00 Total debt 40981.14

As you can see, we have a long way to go, but we are steadily attacking out debt and we’re looking forward to all of them being at zero ($0) balance.

The next two items that we are focusing on eliminating is our IRS bill (hoping to knock that one out in February/March w. our return) and Sears (which has an AWFUL 29.99% interest rate – thanks, Citibank – but we hope to be rid of it by the beginning of April).

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2 thoughts on “Break it down, again…

  1. Ick…MBNA and CapitalOne. They got both me and my first husband when we were in college. Thank God we got them paid off. Fool me once MBNA/Cap1 shame on you, fool me twice shame on me. Ugh those names alone bring back bad feelings. Keep it up! It is great to see someone make progress like you are.

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