December Debt Repayment Recap

December Debt Repayment Recap //

November 28th, 2016

Car Loan: $17,259.55
Credit Card Debt: $2,258.58

Total: $19,518.13 {-6.24%}

December 30th, 2016

Car Loan: $17,205.22 {-.43%}
Credit Card Debt: $320.64 {-85.80%}

Total: $17,525.86 {-10.20%}


I feel like I just want to let these numbers speak for themselves but I really can't. A few months ago, I sat and figured out how much I made and how much I owed on things and I felt like I was NEVER GOING TO GET OUT. So I called and cancelled some things (JustFab & Julep) and decided I just needed to work my butt off. and I wish I could say that this was COMPLETELY because of my hard work, but honestly I reached a settlement with my car accident and put that money towards my credit card. I debated whether or not I should save some and spend it on myself but guess what. I spent it on MY FUTURE. 

My car loan didn't go down much because I'd paid half of it in November, so I only had to pay half of it. 

Can I just say that listening to Dave Ramsey is serious motivation. I listen to people scream about being debt free and hear him answer questions and rant about things and it is so encouraging. I'm in the middle of The Total Money Makeover, which I am so excited about finishing because Justen got me the new Rachel Cruze book, Love Your Life Not Theirs for Christmas and I'm excited to read THAT, too. 

I'm just so excited to pay off my credit card. Like… I want to have a no more credit card party. 

I also have been so excited to get paid not so I could have money to spend but so I could have money to pay off more of my credit card and see that number go down. I'm one of those people now, I guess πŸ˜€

Cannot wait for 2017 and what it will bring for my financial peace journey! Do you have any financial goals for the year?



  1. December 30, 2016 / 7:47 am

    *slow clap* That is so impressive!!!! And super smart of you to just put your settlement toward that. I’m working on paying off my gross credit card bill right now. And I made extra payments toward my student loans the last two months!

  2. January 1, 2017 / 10:03 pm

    You’re SO CLOSE to not having credit card debt!!!!!!!!!!!!

  3. Janell
    January 3, 2017 / 8:43 am

    That is super exciting! Congrats πŸ™‚

  4. January 10, 2017 / 5:08 pm

    Congratulations! I became a YNABer several years ago and started snowballing my student loan debt. My enthusiasm seems *just* this side of crazy sometimes, but then I find other normal people like you, and I feel better. Or maybe we’re just crazy together?

    If you like The Total Money Makeover, I also recommend Your Money or Your Life. It’s crunchier and more old-fashioned, but it makes a great companion to the philosophy.

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