Ask Away...: My Debt Snowball Progress (December) and A CARD PAYOFF!!!

Tuesday, January 7, 2014

My Debt Snowball Progress (December) and A CARD PAYOFF!!!



So my goal was to have my Target Visa card paid off by January 1, 2014. In order to do that, I would have to be paying AT LEAST $367 a month on that card using the debt snowball method I mentioned in my budget post. Well, it suddenly occurred to me, why not try to exceed that amount every month?! So I did!

And guess what, I JUST PAID IT ALL OFF!!! My final payment was almost $800!

I basically just added up all my Christmas money, blog income, and some ebay money and I did it!!!!

HOORAY!!! My next goal is to have my Capital One card paid off by June 2014 and guess what I KNOW I can do it!







10 comments:

  1. Great way to stay motivated and make your goals a reality!! So inspirational! :)

    Feel free to visit my blog as well! You will find topics such as health, beauty, NYC fashion, personal growth and motivation between others! <3

    Diana
    www.ManhattanImageandStyle.com
    New Outfit Post: The sun on a Rainy Day

    ReplyDelete
  2. Awesome way to start this year off, congrats!!
    c:

    <3
    Harlynn
    www.mindyourmadness.blogspot.com

    ReplyDelete
  3. Go Ellen! What a fantastic way to kick off 2014! If I may ask, what is the snowball method? I have a few credit cards that I would love to pay off before I graduate in May!

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    Replies
    1. Glad you liked me tweets about this :)

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  4. where can i find the tracker projected payoff like you have showed when you paid off your Target visa?

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  5. where can i find the tracker projected payoff like you have showed when you paid off your Target visa?

    ReplyDelete
  6. where can i find the payoff tracker like you have for your Target Visa?

    ReplyDelete
    Replies
    1. Hey Donna! Just google around to find a Debt Thermometer.

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