Can we all stand up and do a little dance? I have just paid off our first credit card in this journey. Granted, it was small, but definitely progress!
{Insert super embarrassing dance here}
It's been a few days since I checked in, but I just didn't have much to report since we hadn't gotten any paychecks yet. Today, DH got paid and yesterday we received our first payment from the rental service. Today was the second payment. It's a bit weird that they split it into two payments, but I'll accept money in any form.
So goodbye CC#2, hello CC#1. CC#1 will take more time to pay off, most definitely. But I dug myself in this mess, I'm responsible for digging myself out.
Paid off the first credit card
October 2nd, 2014 at 11:02 am
October 2nd, 2014 at 11:13 am 1412248429
October 2nd, 2014 at 11:48 am 1412250526
It does feel good to have a zero balance. Do you have an estimate for CC#1 on how many months it will take to pay off? If you are really motivated, it often takes less time!
October 2nd, 2014 at 12:11 pm 1412251883
Are you snowballing your debt? Are you going to continue to pay CC2's minimum payment/or what you used to pay each month and put it towards CC1?
October 2nd, 2014 at 02:59 pm 1412261980
We are snowballing and will be putting the payment from CC#2 towards CC#1 starting next month, so that should speed things up quite a bit. Also, holiday money will help as will any tax returns we get. Those aren't budgeted yet.
October 2nd, 2014 at 03:20 pm 1412263218
October 2nd, 2014 at 03:25 pm 1412263544
October 2nd, 2014 at 04:44 pm 1412268250
October 3rd, 2014 at 01:04 am 1412298256