October 11, 2006

Getting Closer

Man on man, only b/c I like numbers and money, my grandma used to call me Money-ca...lol, is why it's not too too bad.

My budget is nearly complete. I got all the monthly expenses, the exact amount I bring in, and manage to have some left over. I did my snowballing chart again, and if I just pay the minimum, rollover to next debt, the payoff dates looks like the following:

Target - $150 - 5/07
Orchard - $760 - 9/08
Cap Visa - $819 - 12/08
Cap Gold 0 $3182 - 7/09

Scary isn't it?

Now let's snowball those debts

Target - $150 - 5/07
Orchard - $760 - 4/08 (5 months earlier)
Cap Visa - $819 - 9/08 (3 months ealer)
Cap Gold 0 $3182 - 57/09 (2 moths earlier)

Now, this is me paying the mininum and rolling it over, not factoring in being agressive, which I shall be in coming days.

@ 8pm tonight, I'll be going to hear financial experts and students facing heavy debt loads. It stems from an article I read last weekend, which I want to highlight some points and after the meeting I'll sum up the experience and what I learned.

Oh, it's free ;)

11:20 AM in Daily Jabber
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graph updated on the 8th
last update: 07/20/08

Paying off smallest credit card debt with it's minimum payment balance + $500 snowball.