Well, I have my debt balances for June. Yay. I love watching them go down, down, down. Even if it’s just a little bit. We made debt payments totaling $1,859 and the balances were reduced by $1,142. Which means that we paid $717 in interest. Which is $61 less than last month. So that’s good at least. Our total debt now equals $176,697.

Here’s the break down…

House 142,771
Van 20,649
Backyard 7,785
Car 5,492
176,697

I was feeling pretty depressed about the debt situation yesterday. No particular reason really, just frustrated with how it doesn’t seem to go down. So I was looking at my spreadsheet and since January our total debt has gone down a total of $6,660. It means we are going to pay off well over $10,000 this year. It’s nice to see that it is going down, even if sometimes it doesn’t feel like it.

Ok, enough about debt… Lets talk about savings!

I earned $36.57 in interest. Which is about $2 less than last month. I’m assuming it’s a decrease in interest rates because the balances haven’t gone down. Hopefully soon those rates will be going back up. That would be nice to see.

Pic by: frankh

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