Goals scare me, because I don’t like to fail. I have been toying with naming a date to be credit card debt-free by and I have decided to just go for it.
Thanks to the debt calcuator at CNNMoney.com, it was determined that I could be debt-free in 3 years. Just imagine…$37K of credit card debt gone in three years. I like the sound of that 🙂
The amount I have to pay monthly is a little over $1050/month (just for the credit cards – not counting other debt). That is a large chunk of our net monthly income, but it can definitely be done. Let me rephrase that…it WILL be done.
So, without further ado …
Target Date to be Free of Credit Card Debt: May 1, 2009
My game face is on, and I am ready to show my credit cards a thing or two 😉