Debt Update
Feb 22 Update ~ Credit card paid off! But this means we still have the other credit card (we just have two) to pay off - again. We had to use it to pay for school, which on one hand is okay because we will be paid back but on the other it was not fun.
We have decided to pay off the car first. We owe less then $10K on it now. I’m not sure how quickly we will be able to pay it off as I have yet to run the numbers, but will in the next week or so.
I can’t wait until the credit card is paid off. I feel like we are finally actually making progress. I feel like we have changed our thinking and mindset about money, finally. It’s taken a long time but we are slowly getting there.
/end Feb 22 update
I’ve changed how I want to talk about debt on here - for the moment - just credit cards. So just credit cards means we have paid off $2675. We still have $3500 to go until they are done.
Once the credit cards are done we are debating on what to focus on next - the car payment or the student loan. The car is smaller and would open up over twice what our monthly payments are on the loan, but the loan is also in deferment.
We are not thinking about the houses at this point. Of course they will come after the car and loan, but we aren’t adding anything extra to them until then.
So almost halfway there! They will be done within the next couple of months as the tax refund is going only toward them.