Goals and Check-ins

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

Posted on by Double Debt Single Woman

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

Posted on by 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

.
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

Goodbye 2017: The Year In Debt Review

Posted on by Double Debt Single Woman

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