Let’s Throw Some Money at Our Problems: November 2014 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.

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.

Oct. 2014 Balance: $3,218.79
Nov. 2014 Balance: $3,434.06

Says Logan: “Interest! ¯_(ツ)_/¯”

Context.

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.

Oct. 2014 Balance: $12,958.35
Nov. 2014 Balance: $12,809.76

Vacation Savings
Oct. 2014 Balance: $250
Nov. 2014 Balance: $300

If you pay off one of your debts or reach a savings goal, email me your address!

See previous months here.


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