August 2015 – Debt Progress Report

Well it is now September and as promised we are publishing our debt progress report for the month of August. This will allow you to see our progress and how much debt we have been able to get rid of in the last 31 days.

Brian’s Progress

August 1st: $22,477.58
August 31st: $21,591.46

Made some good progress this month, almost got 1k knocked off. Started a new job so things might be a little off next month as I put a little more aside in savings just to be safe.

Remaining Loans:

  • Great Lakes School Loan #1: -$8,465.57 -$8,383.45
  • Great Lakes School Loan #2: -$1,506.94 -$1,457.51
  • Car Loan: -$12,068.51 -$11,750.50

Brett’s Progress

August 1st: $22,050.13
August 31st: $16,148.69

We still have just the one loan left, and put a lot towards it this month. I can’t wait to get under the $10,000 mark! I’m starting to get into extra savings mode to just be done with it all for good.

Together we got rid of $6,787.56 of debt in August!

If you’re bored here are 3 littles expenses you can cut to pay off debt. Stay tuned for our next debt progress report.

Brett Jackson

A penny pincher and investor in my own financial freedom. Want to your financial product or service on penny bros? Hire Us

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