I have updated some of my Sidebars.
Debt Payoff Progress
Starting Debt: $44,000
Current Debt: $23,144
Total Paid: $20,966
I'm a little disappointed that it's been 20 months and we have only paid off $20,966. I would have thought that we would be more than half way to having these debts paid off by now.
I guess I can be happy that at least we are moving in the right direction.
And I do remember that during this time we have also taken a vacation to Disney World (planned with the children prior to starting our debt free journey)and paid cash (about $4,000), and we bought tickets (with cash) to take my whole family to Florida for my sister's wedding (about $1,000), and we replaced our very old mattress ($1,000), and we replaced our broken dishwasher ($1,000), and we replaced our old and broken water heater ($1,000).
And on top of that we are paying cash monthly for our daughter's braces ($100/month). And we have almost $5,500 in savings.
I guess that's not too bad. Definitely an improvement over how we were living and spending before February 2007!
- Emergency Fund: $1,000
- Jewelry Biz Earnings: $994
- Other: $3,500
- Total in Savings: $5,494.00
Starting in November I am also going to once again begin tracking all extra income that I am able to earn. This will include tracking income and expenses (thus profit) for my jewelry business.