Like my boss says, if you can’t measure it you can’t manage it.
This very nice lady, and her family have taken debt serious! They measure their debt therefore they are successful at reducing their debt. She is an inspiration to many of us.
I find my self identifying with her in many ways. She wants to reduce her family debt, so do we. She is a quicken fanatic and I choose Microsoft money. She will succeed in becoming debt free, so will we. Hope to celebrate with you at the finish line!
In order to meet my goal date of May 2009, we need to pay $1050/month towards credit cards a month.Here’s how August panned out:Credit Card #1: $225Credit Card #4: $300, $450, $350 = $1100Credit Card #7: $147Prosper Loan: $113Total paid: $1585Target amount: $1050Difference from Target Amount: +$535.00I know it would be hard to keep up paying $1,500+ a month, but I wonder how long it would take to pay off our debt if we could. I’ll have to run some numbers now that I have all of the minimum payments. I’m excited to see if we can be debt-free before 2009 (which would be awesome!).
Blogging Away Debt » Blog Archive » Am I Still on Track to Meet My Goal Date?
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