Money & Frugality

Our Money Makeover Challenge #7 | September 2018 Debt Snowball Progress Report + October’s Goals

DEBT SNOWBALL

We were able to pay $481.74 total toward our debt in September!  That includes my Capital One credit card with $336.24 total: $70.00 on the 14th, $50.00 on the 21st, $30.00 on the 25th, and $186.24 as my final payment on the 28th!  Only two more debts remaining!!!

Debt Snowball Ledger

Ashton’s Chase Credit Card
$2,036.50 Start amount
$40.50 Payment amount
$1,996 Balance remaining
401(k) loan #2
$5,134.15 Start amount
$105 Payment amount
$5,049.75 Balance remaining
Total Debt as of 10/01/18 $7,045.75

OCTOBER 2018 GOALS

Emergency Fund: Continue to save $20 per week.

Debt Snowball: (1) Contribute at least $145 toward Ashton’s Chase credit card.  (2) Remain current on the second 401(k) loan, which is automatically deducted from Ashton’s paycheck.

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