Sunday, April 24, 2016

Mission Out of Debt: Monthly Update

This month went pretty good. we had a few expenses come up for garden/yard starting. back on track for next month.

Total paid this month toward our debt snowball $460.

This could mean we will be really close to paying off our first student loan next month (we owe $500 ish after this month)

One big expense we have been planning on since last fall is buying a deep freezer. We also will be paying for that as soon as It hits the sale I want.

Other than that we have been doing pretty good. Arlen is still doing plasma, He is planning on working with his dad this summer possibly starting next month.

I would like to make it a goal next month to pay off the first student loan! I think we can do it  since our gas bill will be almost nothing, and our power bill will be lower due to the warmer weather. We also should be able to use all the plasma money towards the loan.

We will let you know how that goes! Next month I will redo our debt list with current amounts.

Tashina

Friday, April 1, 2016

Mission Out of Debt: Monthly Update Part 2


I have redone our Debt list. Last month we paid off $4,165.78 of our debt (not counting our house)


Here is our updated debt list. I will redo it again in 2-3 months.

                              Amount Owed   
Children's Clinic:  0.00          Paid off with Taxes 3/5/2016
Credit Card:          0.00          Paid off with Taxes 3/5/2016
SL 1-06:               $989.23     Paid Extra with Taxes
SL 1-01:               $2105.37   
SL 1-05:               $2306.96
2nd Mortage:       $3536.01
SL 1-02               $4162.86
SL 1-07               $5014.90
SL 1-04               $4972.16
SL 1-03               $5058.71
Car                      $6875.13

Total Debt 35,021.33

Total paid off last month 4,165.78

Of course the next few month will not be as large of a difference our taxes made a major difference in what we were able to pay. Our goal is to pay an average of $500 a month towards debt!

Tashina