Let’s Throw Some Money at Our Problems: October 2013 Check-In

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.

I’ve just mailed out a recent batch of cards to people who have paid off their debt — expect those soon!

OK! Let’s throw some money at our problems.

Logan’s paying off a Barclay Card, which currently has an APR of 22.24 percent, and a minimum monthly payment of $47.
September 2013 Balance: $376.90
October 2013 Balance: $385.19

Note from Logan: The balance is somehow more than it was last month. Okay not “somehow” — interest. I haven’t made my payment this month yet because I didn’t get paid from the website and didn’t notice, somehow. Very on top of things, this one. As soon as I do get paid I’m going to pay this one off completely. Can I afford that? I don’t know! But I’m sick of looking at it.

I’m paying off one of my Sallie Mae Private Student Loans, with a current interest rate of 4.5 percent, and a minimum monthly payment of $55.
September 2013 Balance: $437.13
October 2013 Balance: $378.69

September 2013 Vacation Savings: $100.00
October 2013 Vacation Savings: $150.00

Remember, if you pay off one of your debts, email me your address and I’ll mail you a note to congratulate you.

See previous months here.

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