Our goal for August is to pay $1,600 toward our debt. Taking into account the interest that will be charged ($159) , the net will be $1,441.
So our totals at the end of August should be:
Credit Card Debt :: $ 24,319.22
Taxes Owed :: $ 00.00
Personal Loans :: $ 00.00
Total Debt* :: $ 24,319.22
*does not include school loans
And now for the Savings Goals – at the end of August, we aim to have:
Regular Savings :: $ 190
Family Leave :: $ 1,288
Emergency :: $ 707
Total Savings :: $ 2,185
According to MSN Money, our debt-free date is :: December 24, 2011. I think, however, that we can probably get this wrapped up in, say November or October of 2011.