Wednesday, October 21, 2009

One Year Update

House $147,768.08
Home Equity $ 41,488.29
Minivan $ 17,309.70
Mastercard $ 11,304.78
Mastercard $ 3,051.32
Unsecured Loan $ $4,733.89
Wells Fargo Loan $ 6,424.48
Wells Fargo Credit Card $ 2,879.66
Future Trust Credit Card $ 7,864.36

One crucial change that was made and needed to completely stop the use of credit cards was changing my straight cash card into a debit/credit card. Now I can still use the internet to buy things online and have the money come straight out of my account. Nothing has been charged since this change was made, approximately 1-2 months ago.

Grand total is now $242,824.56. Subtract the primary mortgage and we have $95,056.48 I have now paid off $21,589.23 in debt. Excluding the mortgage, I now have under $100,000 left to pay in debt. Sounds terrible on paper, but every milestone counts!

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