At long last, I have reached the 50’s! Can you believe I’ve been in the 60’s since July of last year!?!
It really doesn’t take long to notice how much reducing my monthly payments impacts my timeline.
Current stats on my student loan:
Original Balance: $112,258
Remaining Balance: $58,600
Monthly Payments: ~$1,720.00 (down from $2,720) 😦
Term Remaining on Debtor’s Prison Sentence: 3 years and 1 month 😦
Current (variable) Interest rate: 4.55% (up from original rate of 3.42%)
HAPPY NEW YEAR PEEPS!
Here are my goals for 2018. See my past January goals posts here:
2013 Goals | 2014 Goals | 2015 Goals | 2016 Goals | 2017 Goals
DOUBLE DEBT SINGLE WOMAN GOALS FOR 2018
ONE. Pay down my student loan debt from $60,300 to $39,900 or less.
I want to end 2018 in the 30’s! This should be achievable in theory, given that my minimum payments (including interest) should get me to the lower 40’s by December. However, my extra payments this year will be substantially smaller than they were last year, so this meeting goal will take effort. Read More
See my past end of year reviews here: 2014 Review | 2015 Review | 2016 Review
2017 In Review:
In the Winter, after declaring my 2017 goals, I soon developed a new found interest in beefing up my emergency fund. After waiting for months following my promotion at work, I finally learned what my pay raise would be, and it was disappointing to say the least. I bounced back from that let down, and set aside some money from my bonus to fund my sinking funds. This included a ‘health maintenance fund’ for doctors visits and medical tests, as I was getting concerned about some chronic health issues. Read More
I’m feeling like I’m being dragged across the finish line of 2017. I just feel tired.
(I have fallen off on taking all of my supplements regularly, so I’ll need to get back on track with that. That is probably playing a role in things.)
Among other things, I have a close family member in the hospital now. After tests, it was determined that the condition is potentially life threatening, but treatable with surgical intervention, so things will likely be ok, eventually. But getting that first phone call was crazy stressful. Read More
On Nov 21, 2012 I made my first post. The picture on that post really reflected where I was with regard to my finances. I was beaten down, overwhelmed, and lost. I guess I started this blog as a way to vent my frustrations with money. (It has certainly served that purpose over the years!)
It’s hard to believe that I’ve been blogging for this long. Happy Blogiversary, DDSW!
A number of things have changed for me and for my money in the past 5 years. Read More