GE Carecredit (for my pearly whites) Original balance: $8300 (Jan 2012) December 2013 Balance: $490 Current Balance: $47 It's so close, I can taste it.
I'm just going to focus on one at a time for now, since that makes me happy. GE CareCredit (14.9%) October Balance: $2,068.64 November Balance: $1,354.32 Current Balance: $490.01 I made my regular payment in December, and I get 3 paychecks in January, so the first one was post-Christmas buffer, and $500 of it went straight to this. The end is in reach! Congrats on paying off something, Mike!
I posted a few months ago about being afraid to post mine since they seem so much higher than everyone else's, but I'm going to try, and maybe it will help someone else. ECSI (Student Loan) (4.75%) October Balance: $55,662.18 Current Balance: $55,128.37 Sallie Mae (6%) October Balance: $3626.36 Current Balance: $3,531.68 Nelnet (6.8%) October Balance: $3,779.51 Current Balance: $3,685.38 American Express (14.4%) October Balance: $4,082.53 Current Balance: $4,045.67 GE CareCredit (14.9%) October Balance: $2,068.64 Current Balance: $1,354.32 I'm in the midst of an avalance style attack, so my CareCredit will be paid off by the end of February, which is a huge weight off my shoulders. Next up is the AmEx, which won't be paid off until 2015, but I've got a great spreadsheet that let's me compare where I started to where I am now, and I feel infinitely better about my debt now, whereas I used to just feel panicked all the time.
I'm afraid to even post mine since they're so much higher than everyone else here. But you go Logan!
Guys, please don't hate me, but Logan's "definately" should be "definitely". Great conversation, though. Everyone keeps thinking they should have it better than their parents, but clearly that isn't the way things are headed.
@amglory89 I think they should just start a "Mike Dang budgets for you" column, where you tell Mike Dang your income and how much you owe, and he tells you how to spend your money.
@Lorelei@twitter My library has a pretty hefty selection of Kindle books available, but the site is terrible, and I'm pretty sure >90% of their books are romance novels, so weeding out the good stuff takes some work.
The fact that you see her every Christmas now kind of blows my mind. I would have done the exact opposite, and tried to extract myself as much as possible, since apparently she can't be trusted not to make horrible decisions..
My dad isn't much for words, but when I bought a car, he was the one with me when I test drove it. When I bought my second car (a manual, which I didn't know how to drive), he was the one I talked pros and cons with, and the one who actually test drove it, and drove it home. When that car broke down, he was the one who fixed it, and when I finally sold that car as a junker, he was my first call.
1. Student loan payments that work out to >$500/mo. 2. Wages have been stagnant for the past 40 years. 3. Astronomical rents. 4. Entry level wages absolutely blow. 5. Inflation on required things like food. Also gas. Also any sort of entertainment.