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57%? OUCH!

August 20th, 2007 at 09:50 pm

well, looking at my numbers, 57% of what I earn goes towards debt right now!!...OUCH!...
trying to look on the bright side...the impact of this has been a reduction of $4,286 in debt this year!-yay, me!...the $5K in debt reduction I set as a goal at the beginning of the year definetely looks attainable!

Posted in Money, Hope in trying times, goals | 3 Comments »

3 Responses to “57%? OUCH!”

  1. madhaus90 Says:
    August 20th, 2007 at 11:41 pm 1187653302
    1187653302


    Congratulations on your debt reduction! 57% will ultimately dwindle down and at least you're not adding to it! I have a best friend who can't break the spending and is sadly in a sinkin boat and she has plugged the litle leaks with a 17.9% loan from Prosper.com, a re-fi on a second mortgage, borrowing cash from other friends to make her non-escrow real estate tax payments, etc. etc. At least your boat will still be floating!

  2. jdedit2001 Says:
    August 21st, 2007 at 12:22 am 1187655772
    1187655772

    That is an ouch that hurts now, but imagine how you'll feel when that debt is paid off. Great progress this year.

  3. Amber Says:
    August 21st, 2007 at 02:16 am 1187662570
    1187662570

    That is great that you will meet your $5k goal, imagine how you are going to feel once it is paid off. Way to go Big Grin

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