Saturday, September 22, 2007

Total Starting Debt: Over 30K

Here are the numbers of my family's total starting debt. Tomorrow is the day we will start our debt reduction, it is our 7th wedding anniversary. We hope to be out of debt by our 10th anniversary.

Here are the starting numbers:
Husband's Auto Loan: $792.32
Credit Card #1 $10,545.57
Credit Card #2 $9,787.15
Student Loan $8942.22

Total Debt (9/23/07) $30,067.26

Please check back to follow up on my debt reduction process.

3 comments:

Anonymous said...

Hi, I saw your chart on NCN Network.It's great to see someone starting out like me. I hope we can keep in touch and encourage each other. I joined NCN but I don't see my name on the chart yet.

Anonymous said...

are u still working on that debt? what happened?

Lisa

Fountains of Debt said...

Hi Lisa,
We paid off the debt in March of 2009, everything except the mortgage. My family has been saving up an emergency fund since then, which has come in handy, since my husband was laid off in December, 2009.