End of 2007 State of the Debt
New here and like what you read? Subscribe to my RSS feed for more. And thanks for visiting!
This is what you get when you don’t pay really close attention:
| Nov 30′07 | Dec 31′07 | Change | |
| EVERYTHING We Owe | |||
| Credit Card Debts | |||
| Chase | $20,520.04 | $20,193.07 | ($326.97) |
| Other Debts | |||
| Home Mortgage | 38,900.53 | 38,853.06 | (47.47) |
| Low Energy Loan | 15,407.01 | 15,286.46 | (120.55) |
| Line of Credit | 26,114.93 | 25,672.64 | (442.29) |
| TOTAL Liabilities | $100,942.51 | $100,005.23 | ($937.28) |
Missed a sub-six-digit bottom line by just five bucks and change! If I’d have known how close we were to that mark, I would have came up with another $10 to send somewhere.
So with December’s total finally known, as I suspected, our goal of $20,000 worth of debt reduction for the year is officially missed. Nevertheless, the grand total of $15,920.92 worth of debt destruction is nothing to sneeze at… 
An upcoming expense or two is likely to slow us down a little in the early months of 2008, but we’ll continue plugging away. If we can catch a few lucky breaks this year, we could see half of this total (or more) gone. Dare to dream… 
