Monday, May 5, 2008

Debt roundup #15

Well, not a lot of progress was made last month. Partly that was due to opening up an IRA before the April 15th deadline. And partly that was due to job/income loss. But all is well, and progress is still progress - even if it is not by leaps and bounds but by small steps.

As of 4/30/08, here was where I was at:
  • Car loan = $11,502.83 (last month was $11,756.68 )
  • Credit cards = $18,816.96 (last month was $18,998.90)
  • School loans = $161,243.99 (last month was $155,444.93)
Clearly the big thing here is that the student loan balance went up a lot. Well, that is because I had been missing a couple in my calculations all this time! D'oh! See what happens when things are in deferral and not in the front of your mind. I also had a bit of accrued interest hit those as well.

I have already paid $500 towards credit cards this month and will likely pay another $500 towards them before the end of the month depending on how the income prospects for next month look.

I have some jobs on the horizon that pay nicely if I land them. And that would be really great for the debt paydown. If I could get one of those I think we could have the car paid off by mid July and that would be awesome.

I also have some stuff I need to get up on eBay. That way if people want to stimulate the economy with eBay purchases I can benefit!


Sallie's Niece said...

Finally a PF blogger with student loan debt as much as mine! Hello and I look forward to reading about your progress. Good luck!

shawna said...

Isn't it just horrible? :)
Thanks and good luck to you too!