I was playing with the budget today and realized that if all goes as planned, I will send the final payment for CC#2 on March 28th. (I am paying $500 this week and will have the final $2300 by end of March)
That means that in two months, we have paid just shy of $10,000 in debt off. WOW. We have primarily accomplished this with bonus money and over time- so this pace of repayment won't be sustainable all year, but boy, this is a jump start in the right direction.
The payments from those three debts equals $470 per month, which will snowball into the CC#3 starting in April. By the end of the year on that trajectory, CC#3 will be down to about $2500. Factoring similar overtime and bonus money next year, we could potentially pay it all off sometime next year- which is my stretch goal. (yay!)
Since yesterday was a Holiday, this is a four day work week. I may work either Sat or Sun this weekend so that I can take next Friday (1st) off to leave for our California trip. DD2 got it off, and an extra day to travel that far with the two grandkids sounds like a great idea! I have four big report-type projects due right after I get back, so I am in high gear this week and next to get them done before I leave. Working on a weekend would mean less interruptions and better focus- and I dont really have any plans this weekend.
I used this past long weekend productively. I cooked oatmeal and chicken for most of the weeks meals. Today will be another no spender. Preparation sure helps stay on a food budget. I also cleaned house and caught back up at home- since I am leaving the day after the hub gets home, I want to leave the house nice and tidy so that he can fully enjoy his home alone time.
Guess its time to double check the a to-do list to make sure I get it all done...
CC#2 is in the cross hair! Once you focus, goals become reality!
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The hub has been at this job for about 18 months..which has helped turn things around immensely for us!
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