February 2015 – Debt Progress Report

Well it is now March and as promised we are publishing our debt progress report for the month of February. This will allow you to see our progress and how much debt we have been able to get rid of in the last 30 days.

Brian’s Progress

February 1st: $27,103.80 
February 28th: $25,479.32

This last month will probably be a slightly more typical month of how much I am able to knock off. However I have been battling some health issues so some of my money has been going towards that. Eventually I hope to be able to knock off a couple grand each month.

Make sure to check out my post on what I cut out from my monthly budget.

Remaining Loans:

  • Great Lakes School Loan #1: -$8,996.30 -$8,877.78
  • Great Lakes School Loan #2: -$4,179.53 -$2,959.17
  • Car Loan: -$13,957.87 -$13,643.94

Brett’s Progress

February 1st: $56,477.88
February 28th: $56,365.03

Uh oh, what’s going on here? Well, I was trying to wait until my taxes were finished and done before I made some more loan payments, but that ended up being right after February was over. So, for the time being, February didn’t move much, but get ready for some major progress in March!

Together we got rid of $1,737.33 of debt in February!

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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