Saturday, February 23, 2008

Debt Update

Hello, people.
Since last we spoke, I mentioned that Corina and I would be implementing a new debt-paying strategy...after the wedding in June.  Until then, there won't be a drastic change in the debt amount.  However, here's the newest update:

Previous Debt Amount: $4,425.95
Total Debt: $4,331.93
Debt Reduction: 2.17% (hey, it's a change for the better!)

2% may not seem like a vast difference, but it's promising to me.  I lowered my overall debt by that much and I just paid the minimum payments.  As the overall debt decreases, comparable payments should make a bigger difference.  Once the wedding comes and goes, there should be little problem erasing my debt.

Until next time...




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