March is over. April is almost here… which means… it will soon be May, and then… SUMMER! I love SUMMER! I’m like Olaf!
The past week or so I’ve felt really overwhelmed by (lack of) money – I was actually completely dreading my debt repayment post. And then I started crunching the numbers and I realized that I’m being too hard on myself. Not only am I ON TRACK for my goals for this year, I’m actually a little bit ahead. Just a teeny tiny bit, but still… nothing to beat myself up over.
February 26, 2016
Car:Â $17,280
Southwest Credit Card:Â $1034
Total debt: $18,314
March 25, 2016
Car: $16,921 (-2.07%)
SW Credit Card: $777 (-24.85%)
Total debt: $17,698 (-3.36%)
This past month I ended up charging a lot of church expenses on my credit card and I am still waiting on one reimbursement check for that. I just redeemed my Swagbucks for $25 in PayPal cash to put towards my credit card, and I have some pending affiliate payments that will go for that as well. According to my Mint.com goal, my projected payoff date for my credit card is August 1, 2016. My goal is to be out of credit card debt by the end of May. Happy birthday to me, right?! Wish me the most luck!
Once my credit card is paid off, I might re-work my debt repayment recaps because of needing to pay my car off differently than I’d first imagined when I started this thing, and I’m so grateful for Brittany‘s post about paying off her car that made me realize that.
How are all of you doing with your finances this month? If you write or have written about finance in any way, link up with Emilie and I for Final Friday Finance!
[inlinkz_linkup id=618960 mode=1]
Yay!!! You’re so close to being credit card free!!! I had to charge some things this month too (an amazing sale on plane tickets!) so I’m deciding how I want to handle that while trying to not be so hard on myself. But not having a car payment still feels AMAZING.
Get it, girl!
I was hesitant to join the linkup since you’re trying to climb out of credit card debt and I’m totally advocating credit cards. But I’ve never been indebted to them so my experience is positive because I earn ~$5k/year by using them. It looks like you’re making great strides in paying off your cards. It’s wonderful that you only have one left. I am totally rooting for you to be able to pay them off before August and use them responsibly in the future. Keep rocking your payoff plan!
You’re doing great!!! I cannot wait for my fiance and I to be married and join in on the Debt Snowball again (and join in on your linkup!)
That $300 payment was 25% now, but if you made the same thing next month it’ll be about 50%! I love that progress!
You’re doing great!!! We plan on paying off my car this August! I’ve cut down so much on the debt that I owe. I’ve cut over $1200 on my car just from the start of this year (not including March’s payment). We hope to get it paid off so that our car insurance will drop significantly to help save money. After we get our car paid off just our mortgage will be left.
liz @ j for joiner
I need to do this soon!! I just can’t wait until I go back to work so I can do this.