Bahhh! My payment last Friday to my line of credit has not hit the account yet. But I'm going to post my year end results anyway because I have just made the last payment of the year.
In 2012 I paid off $8,870.00 in debt. In addition, I added $382.60 to my emergency fund. My only remaining debt is $8,850.00 on my line of credit (revised target was to get it below $9K this year). So the VISA is gone! My line of credit is down from $12,435.00 to $8,850 now sitting at 8.4%. I am using my extra funds this month that normally go to the line of credit to pay for Christmas expenses.
I can see that the line of credit will be gone in 2013. I'll have to up the payments a bit so it's done by the end of November to ensure I have more cash flow in December for the holidays.
I DID IT!!!
End of year summary - debt payoff
December 11th, 2012 at 01:20 am
December 11th, 2012 at 01:26 am 1355189217
December 11th, 2012 at 01:31 am 1355189501
December 11th, 2012 at 01:37 am 1355189823
December 11th, 2012 at 02:57 am 1355194662
December 11th, 2012 at 03:52 am 1355197965
December 11th, 2012 at 03:01 pm 1355238110
December 11th, 2012 at 03:30 pm 1355239825
December 12th, 2012 at 01:05 am 1355274305
December 12th, 2012 at 01:36 am 1355276209
December 12th, 2012 at 03:55 am 1355284533