As I mentioned in my last post, we accomplished something that I consider absolutely huge — we no longer have any credit card debt. And I’d like to extend my thanks to Chase for being the pricks they are for motivating us to pull as much out of budget in order to kill them off as quickly as we did!
In other financial news, the side business that is becoming my main focus continues yielding gangbuster results. I assumed that after the holidays, things would rapidly slow down on that front. But it looks like January has ever so slightly passed up the incredible December. That said, next month is unlikely to see the same debt killing as this one, as I really need to set aside a pretty healthy chunk for quarterly taxes. I set aside none this month to ensure that we could kill Chase, so I’ve got a little catching up to do.
Anyway, on to some numbers… let me just say right now, 2009 is going to be awesome!
| Dec 31’08 | Jan 31’09 | Change | |
| EVERYTHING We Owe | |||
| Credit Card Debts | |||
| Chase | $16,200.00 | $0.00 | ($16,200.00) |
| Other Debts | |||
| Home Mortgage | 38,265.60 | 38,215.28 | (50.32) |
| Low Energy Loan | 13,799.58 | 13,670.00 | (129.58) |
| Line of Credit | 13,159.82 | 12,941.28 | (218.54) |
| Medical Debt | 3,065.31 | 2,565.31 | (500.00) |
| TOTAL Liabilities | $84,490.31 | $67,391.87 | ($17,098.44) |
