Back in November I posted about reducing my debt and planned to follow up to see how things go each month.
Well, here’s my December update.
If you recall, my previous revolving credit debt (not including car payment, student loan, collection, or other bills) was $9201.88. And after making my payments for December and totaling everything up, I’m now at $9030.23 of debt… for a difference of $171.65.
That’s actually not bad, IMO. If you consider how much interest some of the payments are, this would show I’ve made nearly a $200 dent in just a month. Ya, $9k will take quite a few months, but hopefully down the road I can make a little more of a dent in it a little faster.
Here’s to a better January.