It’s time to check in on our debt payments and savings goals again. If you’re joining us for the first time, you can read about our decision to publicly keep track of our debt here.
Pull up those balances!
Logan’s paying off a Citi Card, which currently has an APR of 19.99 percent, and a minimum monthly payment of $47.
January 2014 Balance: $3,075.83
February 2014 Balance: “Still working on this month’s payment!” says Logan.
I’m paying off a private graduate student loan currently serviced by Discover. The interest rate on this loan is 2 percent, and the minimum monthly payment is $147. The original balance on this loan was $22,377.
January 2014 Balance: $14,428.63
February 2014 Balance: $14,278.87
January 2014 Balance: $100
February 2014 Balance: $150
Remember, if you pay off one of your debts or reach a savings goal, email me your address and I’ll mail you a note to congratulate you. I have a few I still need to send out.