i've totalled my debt...
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| Wed, 10-05-2005 - 3:11pm |
so, i did it. i added up all our credit card debt(again, hadnt done this for awhile). this total does not include our car payment, or our student loans that are in forebearance. I did not include our mortgage either. so.... here is our total:
14,871.00
the debts range from 75 dollars to 3846.94 this is the debt that i just laid out our debt snowball chart for. we will be paying well over 700 dollars a month just for debt payments. if i total in our student loans and car , the balance is 28871.00. however, i am not including those debts in the snowball just yet. Now we are just about current on everything and I will work to get completley current before starting the snowball rolling (again). but it feels good to have a plan again. I am so ready to get rid of this crap for good.
kel

Good for you, girl.
If you continue coming to the board and posting often, you find that it will help alot with debt reduction. I know it's helped me.
MYM
Congrats on facing the big picture!
Knowing the total and creating a chart helps give you clarity of how much your debt goes down each and every month.
All my best,
Danni