Back to School and 1 Month Left of Credit Card Debt
Two big things happening this month:
1. Wednesday is my first day of graduate school. Stacie will be packing my lunch and seeing me off to the yellow bus. I’m sure she’ll be crying cause her little boy is all grown up. Oh, wait, I can drive myself to school. I’m not sure how much work I can expect out of my 2 classes this semester, but I’m also working full-time and we’re in testing phase of our project. This means I may slow down my writing, but I’ll still try to get something interesting and/or informative out each weekday. As with the last few weeks, I won’t be posting on weekends unless there’s something newsworthy that can’t wait.
2. Yesterday, I paid the next to last amount on our credit card debt! I sent a $3,000 check to Citibank which brings our remaining loan down to about $2,800 of the original $20,000. I’ve had that debt since college, but I was able to bounce it from one 0% offer to another for the last 6 years. No more! It was just time to get rid of that debt, and I’ll be doing it a month earlier than planned.
Next debt on the chopping block: my student loan. I have about $15,000 left of the original $20,000 loan, and it’s at 6.25%. It’s the highest interest rate of our remaining debt, and it’s time to go!
Lynnae @ Being Frugal says
Way to go! I love reading about other people’s successes!
Congrats on your progress!!! And good luck on your master’s program! It will be worth it. 🙂
Fabulously Broke says
Congrats !! 🙂
I am just itching for the day that I send in my next to last payment on my student loan of ~$24,600 .. (down from $28k in June)..!
Mark A says
Student loan is going down! I’ve helped so many people kill their student loans this week I’ve felt great!
The Happy Rock says
Clever I forgot to mention another back to school tip, try learning to speed read. You will have to do a lot of reading, and it should really help with the time factor. I didn’t pursue it late in my schooling, but it would have been a huge help.
Here is a quick link to get you started if you haven’t already pursued it.