Mission Out of Debt: 1 year Update!

We started this process a little over a year ago. Although things have not gone according to plan (they never do) We have done I feel really well. I have not done blog updates for most of last year. I didn't feel we were getting anywhere with a few additional monthly bills that came up. As you look back at it I can see how much progress we still made even if it felt like we were not being successful.


Starting Debt February 2016

	Amount Owed	Min Payment
Credit Card	$         2,600.00	$           25.00
student loans 1-06	$         1,194.97	$           13.19
Student loan 1-01	$         2,134.95	$           26.08
student loan 1-05	$         2,347.69	$           25.93
2nd mortgage	$         3,619.86	$           45.00
Student loans 1-02	$         4,224.47	$           50.28
Student loans 1-07	$         5,073.12	$           60.53
Student loans 1-04	$         5,053.15	$           57.27
Student Loans 1-03	$         5,135.54	$           60.32
Car	$         7,330.37	$         246.00

Portneuf                       $          2400.00    $         200.00

Total Starting Debt (besides house)  $41,114.12

Current debt March 2017

Children's clinic  $                  -    $              40.00  paid off with taxes 3/05/16 Credit Card  $                  -    $              25.00  paid off with taxes 3/29/16 SL 1-06  $                  -    $              13.19  Paid off on 6/16!!!! Car  $        1,329.95  $            246.00  *will pay off next month Hospital Bill  $           957.92  $            200.00 SL 1-01  $        1,665.93  $              26.08 SL 1-05  $        2,079.07  $              25.93 2nd mortage  $        3,188.57  $              45.00 SL 1-02  $        3,813.09  $              50.28 SL 1-07  $        4,622.79  $              60.53 SL 1-04  $        4,516.23  $              57.27 SL 1-03  $        4,623.58  $              60.32

Currently Owe 26,797.13. (We will pay off the car 100% with our taxes)

TOTAL PAID OFF: 14,316.99

Our goal is to buckle down and keep working on it this year. We chose to pay off the car with taxes because that will give us the larges extra monthly sum to work with. Our hospital bill will be paid off by July which will also help us accelerate what we are able to pay toward student loans.

Wish us luck.