Car loan: -$3,000.52 (+835.97)
Revolving Credit card debt: $0.
Mortgage: -$139,050.34 (+178.20)
Net Debt: $219,860.20
About the car loan, if you notice, I'm pushing as hard as I can to have the car loan paid off as quickly as possible and I'm on track to have it paid off by new years. My actual car loan payment is only $172, so I actually paid an additional 4x as much. Although I could probably pay it off completely now, college will be starting soon, so between that and my college tuition bill, and some other bills that we are planning for, that would drop our cash reserves to almost nothing and we would have to start dipping into the emergency fund.
I've also picked up a side gig tutoring! So, at the moment, I have the pleasure of tutoring and making an extra $25 per hour, which I tend to be doing about 3-4 hours a week. So an extra few hundred dollars a month isn't too shabby, and I probably would be wasting that time anyway, so I'm happy at least to be making money from my wasted time. :-) I want to keep a running total of the money made from tutoring, so I'll be keeping a total there and hopefully this will encourage everyone to get a side gig and make some extra money and help pay off that debt faster, save for the future, or what ever you want to do. Of course it wont pay me more than my current job, but at least it definitely compliments it nicely.
About the car loan, if you notice, I'm pushing as hard as I can to have the car loan paid off as quickly as possible and I'm on track to have it paid off by new years. My actual car loan payment is only $172, so I actually paid an additional 4x as much. Although I could probably pay it off completely now, college will be starting soon, so between that and my college tuition bill, and some other bills that we are planning for, that would drop our cash reserves to almost nothing and we would have to start dipping into the emergency fund.
I've also picked up a side gig tutoring! So, at the moment, I have the pleasure of tutoring and making an extra $25 per hour, which I tend to be doing about 3-4 hours a week. So an extra few hundred dollars a month isn't too shabby, and I probably would be wasting that time anyway, so I'm happy at least to be making money from my wasted time. :-) I want to keep a running total of the money made from tutoring, so I'll be keeping a total there and hopefully this will encourage everyone to get a side gig and make some extra money and help pay off that debt faster, save for the future, or what ever you want to do. Of course it wont pay me more than my current job, but at least it definitely compliments it nicely.
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