Student Loan #1 - $3,250.22
Student Loan #2 - $33,939.51
Credit Card #1 - $9,587.76
Credit Card #2 - $3,505.83
IRS Bill - $4,618.65
State Tax Bill - $897.00
Total (11/1/12) - $55,798.97
Budget: Live on 60% of income
Debt: Pay 40% of income toward debt (approximately $1,250.00)
Debt Details
November 5th, 2012 at 01:37 am
November 5th, 2012 at 02:00 am 1352080800
November 5th, 2012 at 02:06 am 1352081188
November 6th, 2012 at 04:32 pm 1352219567
What are you paying off first?
November 6th, 2012 at 10:39 pm 1352241571
I am paying Credit Card #2 down first. The interest rate is 19.99% (didn't know this as I lost track of when the introductory 0% rate expired). Part of my plan also includes not being so forgetful about things.
November 7th, 2012 at 10:25 am 1352283931
I also recommend Dave Ramsey books as well.
I have been in 20k in credit card debt and understand the pain of having that much debt.
November 7th, 2012 at 04:53 pm 1352307188
November 16th, 2012 at 06:59 pm 1353092349