Interest Accruing Debt Reduction: January 2010
Apparently I forgot to post this earlier this month. January was a bad month. February’s will be better.
I’m keeping track of my payments towards the remainder of our interest accruing debt (besides the house) to kinda see the progress as we reach my goal of having this gone by or in February 2010. So expect these posts monthly! Each month, seeing the progress should hopefully motivate me to stay on track with this.
- Starting Balance of Debt in January 2009: $2221.45
- Total Payments in January 2010: $2318.75
- Total Payments YTD: $8777.43
- Total Card Charges in December 2009: $2609.46
- Total Finance Charges For December 2009: $0
- Total Finance Charges YTD: $136.66
- Starting Balance for February 2010: $2712.16
- $0 Goal: April 2010
Notes for this month:
January was a big month, simply because I spent $1500 to have my brake system completely redone on the mustang. Dad also had a lot of automotive work done, which of course came out of my pocket. The key is to not let it get out of control 🙂 It was just a bad bad month in general.
See also:
December 2009, November 2009, October 2009, September 2009
