Well it is now November and as promised we are publishing our debt progress report for the month of October. 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.
October 1st: $21,130.54
October 31st: $19,313.26
I was very happy this month as I paid off more than 4x what I did last month and passed the 50% mark on my debt. I completely paid off one of my Great Lakes student loans leaving me only one student loan left and my car loan, and that’s it! Very excited to see good progress and hope to only speed this process up.
- Great Lakes School Loan #1:
-$8,292.95-$8,198.24 Great Lakes School Loan #2: -$1,406.01Paid Off!
- Car Loan:
October 1st: $16,134.85
October 31st: $4,178.51
We rolled two months into one this time, as our big payments were at the beginning and end of October. If everything goes as planned, we should have everything paid off this month! We have been spending some time planning for where our money is going to go after we’re done. Exciting stuff!
Together we got rid of $13,773.62 of debt in October!
We are going to start blogging more on this site and stay tuned for our next debt progress report.