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September 2015 Debt Update

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September 2015 debt updateIt’s a little pass the middle of the month. You know what that means, another debt update. Today’s post is my monthly debt update. I decided last year that I wanted to pay off my debt sooner than later. Since January I have been keeping track of it. I started this journey with over $72,000 worth of debt. I plan to have it paid off by October 17th, 2018. I plan on making that happen  by creating multiple streams of income. Besides my job some of the other streams are money from this website, eBay & t-shirt sales. My September 2015 debt update is below.

September 2015 Debt Update

My total debt went down from $70,849.78 to $70,624.94. It decreased by $224.84. The credit union loan is less than $200. I’m focused on eliminating that one VERY soon.

Loan 2 – DOWN from $5940 to $5930

Credit Union Loan – DOWN from $244.36 to $188.39

Wells Fargo Loan – DOWN from $1179.14 to $1127.18

Bank of America CC – DOWN from $3141.58 to $3108.37

Navient – DOWN from $25,569.63 to $25,466.27

Nelnet – UP from $34,775.07 to $34,804.73

I like what I’m seeing so far, but I know that I can do much better. If I grind hard enough I can knock out 2 more of these debts before the year is over. It’s time to buckle down and make this sh*t happen!

Previous Debt Updates:

January 2015 Debt Update (The Beginning)

June 2015 Debt Update

July 2015 Debt Update

August 2015 Debt Update

You can view all my debt updates here.

If you’re paying off debt, how did your previous month go?

 

7 Comments

  1. Nicely done! Hopefully you can knock out that credit union loan in the next few months. Good to see your progress continuing in the right direction.

    1. Thanks for stopping by. The credit union loan will be gone sooner than later.

  2. Super… ahead of the game, so I’d say you are doing well:) Love these updates! Hope some other folks are taking a cue from you:)

  3. We’ve been paying off debt this year too. We hope to finish by the spring. Fingers crossed!

  4. Looking good. Keep at it! It’s fun to watch go down, but even better to watch your assets increase just as fast once you are paid off.

    1. I can’t wait to get those assets increasing!

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