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Monthly Debt Reduction Goal

July 21st, 2011 at 04:40 pm

The amount of money I owe is slowly coming down!! At the beginning of the year, I'd set a goal of decreasing my overall debt by AT LEAST $1,000 a month.

The last few months, I've fallen a little bit short of my goal. Checking my spreadsheet for the year, it looks like I've only been reducing my debt by about $925 each month. I've recently bumped up the payments I've been making on my 0% credit card debt in order to get them paid off before the interest free period expired. I can start applying that money towards my car loan and student loan.

As of today, I've paid on all of my debt for July and it looks like I beat my goal.

The grand total of my debt reduction for July is $1,190.54!

3 Responses to “Monthly Debt Reduction Goal”

  1. Petunia 100 Says:

    That's great, congratulations! Smile

  2. LuckyRobin Says:

    Good job.

  3. creditcardfree Says:

    Great job!! Keep going.

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