The final numbers are in for February’s debt. We paid off $944! Even taking into account that the credit card balance went up by $140. I was surprised by this figure. I didn’t think it would be that much. I just started last month figuring our debt as a whole, and keeping this close of tabs on the balances. Before I have always tried to wait as long as I could so look at the balance so that I could be surprised how much it went down. I always liked that little jolt. “oh wow! We paid off another $3,000!” But last month I made a very simple Excel spreadsheet so that I can keep current balances.

Taking out the credit card completely(which I don’t pay interest on anyways), our total loan payments were $1823, and our balance went down $1084. So that means we paid $739 in interest, including our mortgage. I’m happy that over half our payments are going to real debt reduction.

Thanks for reading. If you enjoyed this post consider subscribing!

Post Footer automatically generated by Add Post Footer Plugin for wordpress.