Friday, August 3, 2012

Net Debt - Aug 2012

Student loans: -$78,644.83 (+63.08)
Car loan: $0
Revolving Credit card debt: $0.
Mortgage: -$138,817.46 (+210.55)
Total Debt: -$214,462.29 (+273.63)

The past couple of months I've been putting money towards the student loans to try to keep it at bay however, interest is still accruing so while I actually pay $100, it only goes down $63 worth.  ::sad face::

However, I look forward to the months ahead and really hope to put a significant dent into the student loans as they are my highest interest loans now. I know my goal is high with getting it down to 75k, but if some things pan out for us (getting a second job in the house - no pressure though!), it should be feasible. Not to mention my tuition for school has just decreased significantly due to policy changes. So some of the money I put towards tuition can now go towards the student loan.  ::happy face::

On a side note, I now have $107.41 ($77.41 from credit card rewards, $30 from surveys) towards my amazon experiment which will go towards a new garage door opener. About half way to my goal, I'm guessing by the new year, I'll have a new garage door opener! Patience is a virtue of mine. ::happy face::

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