Tuesday, May 13, 2014

Debt and Progress...

Jan 2014:
Student Loan  15,000 now 14,109.03
Wells Fargo A 25,000 now 23,446.73
Mortgage 73,283.92 now 71,932.53
Emergency Fund 2,950 (includes living expenses) Goal 5,000.

Snow Ball Plan:
I am working on Wells Fargo A. Interest payment, along with 600 a month.
I am paying 167 a month, and figured to make it to 170 a month.
Mortgage 643.34 a month. No changes.
I would like to put 200 dollars a month into my savings account.


Updates: June 2014

Student Loan 15,000 now $12,882.70
Wells Fargo A 25,000 now 21,626.69
Mortgage 71,932.53 now 70,883.00

New Snow Ball Plan:
Wells Fargo A, 600 month along with interest.
Student Loan 167 a month, I pay 200 every two weeks.
Mortgage 641.79 No extra right now.
Emergency Fund 4,400. Nothing extra lately.

109,488.29 in debt January 2014.
105,392.39 in debt June 2014.

Difference of 4,095 dollars!!!!!!


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