April’s numbers are in and I have to admit that this is my favorite part of the month. I get to figure out our total debt reduction for the month. Wohoo! And this is how I know I’m a total dork.
We paid $2,049 in debt payments and reduced our debt by $1,256, which means we paid $793 in interest. That’s $27 less in interest than last month!
It breaks down like this…
So this brings our total debt to $178,915.30. Finally broke into the $170’s. Yay! The most frustrating part of debt is how long it takes to come down. It would be more motivating to see results more than once a month.
I’ve been thinking about how I would like to snowflake this debt but right now I need to snowflake for our bills. I’ve said before how we need to earn an extra $6,000 to make it through the rest of the year. So first I need to snowflake that money before I can start working on our debt. The good news is that my husband has been getting some overtime so that will help immensely.