Another month has passed us by which means I’m that much closer to being debt free! I was pretty excited to see that I was able to throw another $1,000 towards my debt this month. My goal is to get my payoff amount to $1,400.00/month. This means I have to work on tightening up my budget and somehow increasing my income.
Last month I was able to knock down my smallest student loan so I am now throwing everything I have at Student Loan B. I currently owe $1,600.00 on it and expect to pay at least $200.00 when I get my next paycheck this Friday. Once you start a debt payoff journey, you start looking forward to payday for different reasons. I used to look forward to payday because it meant I would have extra cash to treat myself to something. Now I look forward to throwing anything extra I have towards debt so I can see those numbers go down.
Below you can find a breakdown of my debts and the amounts I was able to throw at them this month.