<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > New Debt Reduction Plan

New Debt Reduction Plan

December 5th, 2006 at 09:52 pm



I got home to find DH's profit sharing check on the computer desk ready for me to work my magic. LOL!

So CC#1 is paid off! I put aside $200 for new glasses for the 3 that I know are going to need them this month. And some of it is going to my librarian friend.

After doing this I reran my Quicken Debt Reduction Planner. These are the results:

Debt-Free Date= 8/2013 (includes mortgages)
Interest Paid= $21,589.18
Interest Saved= $42,689.17

This goal is without any extra payments on the debts. You know I'm going to pay any extra that I can manage!

I'm really motivated now to get down to business!

Oh, and woo-hoo! Change box got over $10 today!

Posted in Goals, Budgeting, Credit Cards, Quicken | 4 Comments »

4 Responses to “New Debt Reduction Plan”

  1. homebody Says:
    December 5th, 2006 at 10:02 pm 1165356164
    1165356164

    Very exciting. Congratulations!

  2. Ima saver Says:
    December 5th, 2006 at 10:10 pm 1165356649
    1165356649

    You are doing great!

  3. janH Says:
    December 5th, 2006 at 10:29 pm 1165357750
    1165357750

    Wow. That's awesome!

  4. Aleta Says:
    December 6th, 2006 at 04:19 pm 1165421987
    1165421987

    Wow, what a great plan. Congratulations! Now you have something to go by. It's like making a menu for a week and knowing what you're going to cook. It just makes everything so much easier.

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]