Not Impressed with our Debt – Week 39 of 80 – April 2019 Results

April was catch up month for us so as expected the results are not spectacular.

We started off the month with $25,421 and as of today we are at $24,750. That’s down $671 which is the lowest I think I have had so far. But hey, it’s still forward progress right?!

I was only able to make a regular payment to the home equity this month so that debt went from $900 to $578. In the month of May baring anything unforeseen we should be doing our happy dance for paying it off! Fingers and toes crossed.

Even though April was less that productive in my mind I did realize something very exciting which will keep us motivated and moving forward in getting our debt gone for good.

I really started all of this paying off debt stuff in August of 2014. Our starting point was a whopping $143,775.35. Totally embarrassing right? Keep in mind that part of all of that is our mortgage but only about $50,000. That means over $90,000 was pure car, credit card, and home equity loans. Yikes right?

But here’s the cool thing, in less than 5 years, we have paid off an astonishing $71,300! Our total debt right now including house, car, credit cards, and loans is down to $72,475.

I couldn’t believe it when I tallied it. I have kept a white board since 2014, diligently marking down our progress every week and month for each debt when have. Cars have come and gone and credit cards have been paid off one by one.

My husband and I are pretty proud of what we have accomplished. It makes it worth the hard work we put into it. Hopefully some day we can pay for a vacation by swiping our debit card and not our credit card right?

We will see what May brings! See you next update. -MM

Published by marymargaretripley

I am a professional Bakery Manager at a privately owned grocery store. I also owned my own bakery for over four years. I have been baking for 15+ years professionally. I also teach canning and preserving classes and have been gardening since I was 5 years old. I live in Western, NY with my husband, teenage son, Bernie the Cat and Muffins the Hamster.

One thought on “Not Impressed with our Debt – Week 39 of 80 – April 2019 Results

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Cocktails In The Library

Talking about great books while enjoying tasty libations!

Autumn Leaves & A Spring Breeze

Leading a happy and sustainable lifestyle

Midwest mattie

just living my best life in the midwest.

Sewing Beside the Sea

All things made with my needle and thread

thecraftycreek

Making and creating

Sewing Etc.

Sharing my adventures in sewing and needlearts

Debt Free Hopeful

“Love recognizes no barriers. It jumps hurdles, leaps fences, penetrates walls to arrive at its destination full of hope.” — Maya Angelou

theuntoldblogofeli

Outrageous mama saying Fuck It

The Journey to a Debt-Free Life

Reshaping your Financial Future

Cottage Garden Trio

The daily life and times of a thirty something couple and their toddler

McMuffins Gaming

From the Mind of a Gamer

Claire93's Blog

my little corner in blogland

Ever The Crafter

She, ever the crafter, kept on crafting

Emma's Craft Projects

Everyday craft inspirations

Bake. Make. Take (a trip!)

Celebrating the "funner" things in life...

Peas Romaine Calm

A simple, easy & cost effective approach to cooking!

life on less

living life with less debt

Simply Grateful Housewife

Finding happiness despite the cobwebs and dirty dishes.

The Professional Domestic

A Balance of Professional and Domestic Life

LeRoy Farmers Market

Weekly Updates on What's Happening at the Market

%d bloggers like this: