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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!

4 Responses to “New Debt Reduction Plan”

  1. homebody Says:

    Very exciting. Congratulations!

  2. Ima saver Says:

    You are doing great!

  3. janH Says:

    Wow. That's awesome!

  4. Aleta Says:

    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.

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