2019 Goals for Double Debt Single Woman

Happy New Year, Peeps! Here are my goals for 2019. Ready…Set…Go!!

2013 Goals  | 2014 Goals  |  2015 Goals  |  2016 Goals |  2017 Goals |  2018 Goals

 

2019 DOUBLE DEBT SINGLE WOMAN GOALS

ONE –  Pay off student loan debt from $35,000 to $0.

That’s right! This is the year, the student loan debt monster dies. Last year, I paid off $25,300 of student loan debt. I want to surpass that this year. I’m down to the last $35,000 of debt and I want it dead.Yeah, this is another crazy ambitious goal. But you know my debt motto: go big or go home.

I’ve already paid off over $30,000 of credit card debt, so paying off this amount of debt is familiar territory for me. I have no idea how I’m going to pay all this off in one year, though. Maybe I’ll win the lottery? I know I need to rein in my spending on food, for one. In any event, my new low fixed interest rate (3.09%) will help more more of my payments go toward principal this year.  Read More

Goodbye 2018: The Year in Debt Review

Hi Peeps! Goodbye 2018. Here is the review of my latest year in debt.

Past end of year reviews:  2014 Review  |  2015 Review  |  2016 Review  | 2017 Review

2018 In Review:

In the Winter, after declaring my 2018 goals, I kicked off the new year by making a student loan payment that put me In the 50’s. February was all about my bonus. I started the month imagining how I might allocate it while also dealing with housing instability.

Actually getting the bonus mid-month left me Feeling like a Rat…and a Cat. By the end of February and the winter season, I celebrated having paid off half of my $112,258 student loan debt. I now had a $56,000 balance and couldn’t be happier.   Read More

[-$49,402] I’m in the 40’s! We Can Do It!

Woot! I’ve made it to the 40’s. Now that I’m here, I’m already in a sprint to get well into the 30’s, by the end of the year.

Current stats on my student loan:

Original Balance: $112,258
Remaining Balance: $49,402
Monthly Payments:
 $2,800  (Payments are back up and I’m back on track)  🙂
Term Remaining on Debtor’s Prison Sentence: 1 year and 6 months  🙂
Current (variable) Interest rate: 4.88%  (up from original rate of 3.42%)   Read More

[-$58,600] I’m in the 50’s! It’s Neato!

At last!!

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%)

Read More

2018 Goals for Double Debt Single Woman

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

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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