Friday, March 27, 2009

Annual (!) Update

It's embarrassing how long it is between posts to this blog. The upside of that is that I get to report enormous progress each time!

Our credit card debt is down to $19,723. We've paid down 71.6% percent of the original $69,448 from 4/07. Yea!!!

We've scaled back the monthly paydown to about $2,000/mo over the fall and winter months but are hoping to ramp it back up to about $3,200/mo to be credit card debt free by 10/4/09. Fingers crossed it all works out.

We have managed to take some vacations here and there and are not living as frugally as we were the first year of the debt paydown plan. It feels nice to buy a $50 bottle of cognac if you want it. Can't forego all indulgences or else you'll go crazy.