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Last Credit Card Payoff Push!

March 24th, 2015 at 03:38 pm

I mentioned before that I only have 1 credit card to payoff and am pushing VERY hard to have it done by August when the baby is due.

After the last large payment, the balance was down to $8175.47.

In the meantime, I revamped the budget a little to have $1188 to pay towards the card each month.

The Gas bill came in under budget, so I am putting $12.37 to the card.

I have extra funds in some of my sinking funds, so I am putting $341.83 to the card.

This leaves a balance of $7821.27.

I have 8 hours of OT that will come in the next paycheck. That will go to the card. With $1188/mo abd with $900 for an additional paycheck in May, I will still have $1929.27 to go. I can do this!

3 Responses to “Last Credit Card Payoff Push! ”

  1. Ima saver Says:

    Wow, sounds good!

  2. snafu Says:

    You have a target and you have a plan so it's likely you'll meet your goal. Snowballing all extra income and lower than budgeted expenditures + less interest on the reducing balance makes it sound do-able. We're all rooting for you

  3. Househopeful Says:

    Snafu - luckily, there is no interest on the card! Thanks!

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