Here is a summary of my current debt situation…
Total Debt: 11510.22 dollars
I am trying to pay off all my debts by 10-10-2005, just 7 months from now. I will need to dedicate roughly 1700 dollars a month towards debt payments. I am excited about the idea of having no debt by October, and almost certainly by December. We live in a house provided to us by my job, so no rent or mortgage. My goals, after saving up my emergency fund and funding retirement accounts, are to save enough money to replace our cars every 5-6 years, send our 2 children to college (ages 1 and 5, right now), retire well, and buy a nice home to grow old in.
3 Responses
No Credit Needed » Blog Archive » How I Got Out Of Debt: Follow The Posts
May 4th, 2007 at 11:51 am
1[...] First Post My First Debt Summary My First Set of Goals My First [...]
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June 12th, 2007 at 2:40 pm
2[...] months ago, in April of 2005, I began this blog, No Credit Needed. I was in debt. I owed a total of 11510.22 dollars. In February of 2006, I became debt free. Along the way, I made several friends, many of whom have [...]
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June 17th, 2008 at 10:26 pm
3[...] a mess. We had less than $500 in our savings account, I was barely funding my retirement, and we were almost $12,000 in debt. Feeling frustrated, I decided that I was tired of being broke - and I determined to do something [...]
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