[Debt Snowball] End of July 2017 update

2017-07-06 20.32.09

Hit a few bumps in the road this month. I took my car in for the scheduled maintenance and ended up walking away with a $400 bill for other services that needed to be done. I had my wisdom teeth removed and the bill came out to just under $500. Then, the city came by to replace the water meter in our house and found a leak in an underground pipe that we need to repair… we thought this was going to mean borrowing some money from my personal line of credit, but luckily a really nice man who works for the city was able to repair it for $250!

Here’s a snapshot of where I am at the end of July 2017:

  • Capital One Credit Card - paid off! starting balance at beginning of January 2017: $1,392.73
  • Credit Union Line of Personal Credit current balance - $527.35
    starting balance at beginning of February 2017: $6,446.31
    $5,918.96 paid off this year.
    Estimated pay off date: September 2017
  • Car Loan current balance- $5,202.52
    starting balance at beginning of January 2017 $7,431.64
    $2,229.12 paid off this year.
    Estimated pay off date: December 2017
  • Student Loan #1 current balance - $6,579.59
    starting balance at beginning of January 2017 $7,805.57
    $1,225.98 paid off this year.
    Estimated pay off date: April 2018
  • Student Loan #2 current balance - $9,332.26
    starting balance at beginning of January 2017 $9,749.15
    $416.89 paid off this year
    Estimated pay off date: September 2018
  • Student Loan #3 current balance - $13,820.35
    starting balance at beginning of January 2017 $14,452.24
    $631.89 paid off this year
    Estimated pay off date: April 2019

TOTAL DEBT PAID OFF SO FAR IN 2017: $11,815.57

TOTAL DEBT LEFT TO PAY – $35,462.07 ESTIMATED PAYOFF DATE – APRIL 2019

Check out previous recaps here: June 2017May 2017April 2017March 2017February 2017

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