A year ago today, I’d also reached another milestone. I’d just broken the six-figure debt barrier and had only $98,992 of debt at the time. That was cause for celebration. This, reaching the 60’s, is also something to celebrate. I hope this will mark a July milestone trend.
Current stats from my lender:
Original Balance: $112,258
Remaining Balance: $69,966
Monthly Payments: $2,720.00
Term Remaining on Debtor’s Prison Sentence: 2 years and 4 months
Current (variable) Interest rate: 4.20% (up from original rate of 3.42%)
LoL@ my interest rate now being 420 just as I reach the 60’s. 🙂
(While we’re in that territory, shout out to Steppenwolf for sharing their ‘Magic Carpet Rides’ with us). 😉
That reminds me…
Put on your boogie threads
Yeah, you know what time it is. It’s time for some CCR.
Creedence Clearwater Revival – Down on the Corner (1969)
Well, my friends, that was a nickel well spent.
The One in Debt @ Stupid Debt motivated me to look at my budget and spending after seeing her very detailed accounting ledger. She’s a Gen-Xer and single mom. “$73,335 in debt – I’m going to pay it off d*mn it!”, she declares.
MrsPickyPincher @PickyPinchers writes about frugality, including advice for keeping grocery spending under control. MrsPickyPincher (and her husband) are paying off over $200k in debt including mortgage and student loan debt. They just paid off MrsPickyPincher’s $25k student loan debt in 7 months thanks to some serious monthly mega payments.
I’m jazzed about being in the 60’s. The 50’s are within sight and that’s when I’ll finally start to feel Iike I’m pushing this infernal boulder downhill instead of uphill.
“Debtor’s prison is real, and opportunity cost is a bitch.” (DDSW Archives)