As of 3/31/08, here was where I was at:
- Car loan = $11,756.68 (last month was $12,014.03 )
- Credit cards = $18,998.90 (last month was $22,187.75)
- School loans = $155,444.93 (last month was $155,444.93)
Note the excitement though of getting the credit cards not only below $20,000 but even below $19,000!!! Woo hoo!
That balance is for only 3 credit cards. One has a balance of $599, one has a balance of $1440 and one has a balance of $16, 791. Luckily, the highest balance card is also the lowest interest rate!
In fact, it's interest rate is even lower than the car loan. So that means, that the plan is paying off the two smaller balance cards and then moving on to the car loan.
Also on the agenda this month is another IRA to be opened.