I do a monthly update of my debt, but if you want real time information on how I’m doing with my debt reduction, this is the place to be. As you may know, I got into debt when my business failed and I am now working on getting rid of as much of it as humanly possible.
When I began earnestly trying to reduce my debt way back on January 1, 2009, my balances looked like this:
Student Loan #1 -$2,741.65 @4.5%
Credit Card #1 -$742.52 @13.99%
Credit Card #2 -$6,513.00 @0%
HELOC -$48,036.63 @3.875%
Student Loan #2 -$39,663.11 @3.3-7.5% (it’s a bunch of Grad School and Undergrad loans together)
Personal Loan -$1,751.80 @8.2%
Car Note -$6,216.60 @4.5%
Currently, I owe everything below:
You can always see what caused my debt to go down or (God forbid) up in a given month my checking out the Debt Tracker category. If you have any questions, feel free to e-mail me!