I was blogging yesterday about disclosing how much I’d like to pay off on our credit cards and such - so today is that day. Add to all this the fact that our brakes on our 2002 Tracker went the other day - so now we can add around $600 to all the debt (for things that are SUPPOSED to be covered by the warranty - yes, we’ve already spoke to “legal” at the base hubby works at).
Credit Cards:
Visa - Alan $4,717.98
Visa - Choice Priv. $5,592.00
Discover Card $4,547.97
Sams Club/WalMart $774.09
Children’s Place $71.93
Old Navy/GAP $51.65
Star Card $408.83
TOTAL = $16,164.45
Other:
Consolidation Loan $7,519.03
Vehicle Loan $29,224.02
TOTAL = $16,164.45
TOTAL PAYOFF-ABLE AMOUNT = $52,907.50
Housing:
House in Jacksonville - $1300
House in Virginia - $1245
The house in Jacksonville is currently rented out for $1100 per month - after management company takes share we get about $985. So, we’re paying about $400 out of pocket each month. Because of the housing market we cannot offload it yet. Yes, it was DUMB to buy the house - I blame my husband.
Right now, I want to work on the $16,164.45 from the credit cards. I will blog about my”plan of attack” when I figure it out in words, lol. I think after all this I might need drug rehabilitation from all the “Happy Pills” I will have taken to stay on course and not crying in a corner of my house. We’re in some serious debt - I know it! I have to stay positive because I know I can pay it off. Most of it was accrued over the past 1 year (or less). The buying of the new car did a number on our budget, plus the move and the two houses. It WILL be paid off!!
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I think it’s awesome that you can put this out there and work on it openly! I don’t think I could blog about it - it depresses me too much.
We have A LOT of debt ourselves and it’s like our dirty little secret. I figure we’ll be 80 by the time it’s paid off.