I made a sizable payment towards my last debt today, giving me the following totals:
| Account | 04/16/05 | Paid So Far | 09/27/05 |
| Auto 1 | 2656.33 | 2656.33 | 00.00 |
| Auto 2 | 3255.23 | 3255.23 | 00.00 |
| C Card | 5598.66 | 1098.66 | 4500.00 |
| Totals | 11510.22 | 7010.22 | 4500.00 |
Payment made was over 1400 dollars. I have now paid over SIXTY percent of my debt of since April. I am so excited! (Please note, the totals are the amounts that I actually paid to each particular account. They include interest and principal. THEY DO NOT include any interest that I WOULD HAVE PAID, if I had not paid the account off early. So, in affect, I have actually not only paid off 60 percent of my debt, but I have saved a considerable amount in interest. For you math nerds and debt lovers, I must also note that I have LOST whatever interest I could have earned by investing the money that I have used to pay-off my debts early. I acknowledge this! BUT, by paying off debt INSTEAD of investing, I avoided risk AND I had a guaranteed “return” on my money.)
4500 dollars is the least amount of debt that I have had in 14 YEARS! This stuff WORKS, people!