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Haven't blogged recently, but I have a plan

October 3rd, 2012 at 08:01 pm

The original plan was to pay off $5K on my line of credit. Looks like I'll only hit $3,500. And I'm ok with that. The original balance was $12,500 and it looks like I'll get it to $9K by year end easily. So I needed to set new goal. My goal for the rest of the year is to see how much extra income I can generate to decrease the balance from $9K. Perhaps I can gather another couple hundred bucks. Join me on my journey to see if I can hit a few hundred bucks in the next 10 weeks. The good news is that I'll likely get a $1,000 tax refund in Spring of 2013 so that will bring the balance down to under $7K. Since I paid off my debt in excess of $8,700 this year it looks like I will be debt free by the end of 2013!

Amazing.


6 Responses to “Haven't blogged recently, but I have a plan”

  1. creditcardfree Says:

    It's okay to revise when necessary! Any plan is better than no plan. Smile

  2. patientsaver Says:

    I know you can do it!

  3. pjmama Says:

    Sounds like you're on the right track! Good luck!! Smile

  4. NJDebbie Says:

    I bet you will reduce your debt more than a few hundred dollar! Keep up the good work.

  5. Looking Forward Says:

    Way to go!

  6. Jerry Says:

    Nice work! That is a significant chunk of debt erased so far, and I think it is great that you are looking for other forms of income to lead it down even further. I think that if you continue doing so you will have some insurance of knocking that thing out permanently, sooner than later! Good luck...
    Jerry

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