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Debt Update!

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We had a pretty good month for our savings account.

My Debt
Original Debt: $38,495.86
Added Debt: $1,781.50
Total Debt: $40,277.36
Paid: $31,842.70
Remaining: $8,434.66
Cash Savings: $1,700.00

Broken Down
Auto Loan 1: $0.00
Credit Card: $0.00
Student Loan: $8,434.66
Auto Loan 2: $0.00
Vet Loan: $0.00

*Just to clarify, the Cash Savings is in addition to our emergency fund*


7 Comments

  • Reply Joanna |

    Congratulations! Amazing progress.

    Whatever happened to Tricia’s updates? I haven’t seen one in months.

    Keep up the good work!

  • Reply Ponyryd |

    Just curious, why are you adding to savings above and beyond your emergency fund if you still have outstanding debt?

  • Reply Nikkira |

    I think it’s a good idea to increase savings. Babies are very expensive. We has our first child last June and never anticipated that he’d e allergic to milk and would require formula that costs over $300 a month. Yikes!

  • Reply Beks |

    Ponyryd – Since we aren’t sure how much our hospital bills will be, we’re saving cash just in case. Also, I will be staying home for 12 weeks. Only 6 are covered on my insurance plan so we have to cover for the missing paychecks from savings.

    Joanna – Unfortunately I’m not sure. I miss her too!

  • Reply Tricia |

    Hi Joanna – Tricia here 🙂

    I still hang around and follow Bek’s journey, but I haven’t written an update in a while. Sometimes I forget (it’s the last Friday of the month for my updates) or I don’t have much to say. Words seemed to flow better when I could talk about anything 🙂

    I’ll try to get an update ready for the end of this month.

So, what do you think ?