Spending Less
Learning how to spend less than you earn while still having fun.
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Two steps forward, three steps way back
Unfortunately, looking over this month's current progress, it looks like we're taking a major step back in our debt progress. Despite our payments, it looks like we will be adding on about $2,800 of credit card debt. Several things have been going on
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Paid off another card!
Today, I submitted the payment for the remaining balance on my Chase credit card! It felt good to select the option for "Pay current balance" instead of "Pay current minimum" or "Pay other amount" and enter in some small fraction of the balance. This
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Feels good to pay the balance
A few days ago, I received my new statement for my Chevron gas card, which I had just paid off last month. It felt so good to open it and know the total balance it showed was precisely what I'd pay, and the amount owed is less than any of my payments
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Mortgage Debt Reduction Goal Revisions
I decided to make a few changes to my mortgage debt reduction goal. First, I realized a flaw with how I was counting progress. Before, I had looked at it, said I wanted to pay off $10k, and then any payment I made was being counted against that total.
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Paid off my first card!
Ohh yeah! This morning, submitted my payment for my Chevron Gas Card and paid it in full. Talk about a good feeling! Even though I only had about $620 remaining on it, since I consistently use it, it ended up being one of the ones I end up just slowly
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Our Debt
Before I went much further, I realized I'd wanted to post a little bit about what our debt is and exactly how much it is. So here is the breakdown: Currently my debt is broke up as follows: Card Balance Limit APR Chase Visa $816.25 $1,000 29.99% Chevron
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