Tuesday, March 3, 2015

Just the minimums ...

I don't know why I've never done it - well, I do. I didn't want to know. I've never added up the minimums we have to pay each month just to stay current.

So I did it: $2,227. Every month. Just the minimums.

When I think about what we could be doing with that money, it makes me a little sick. OK, a lot sick.

Bleh.

Sarah

9 comments:

  1. Our monthly total isn't far off and there our tons of people like us in the same place. We can find some relief in realizing we are taking the steps to get out of debt.

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    Replies
    1. I suppose that's true. It seems like such a lonely process.

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  2. Back when I was paying off my debt, I would try to focus on the amount paid off each month. The bigger it got, the more motivating. So how much of that $2,227 is principle reduction?

    ReplyDelete
    Replies
    1. It is getting bigger, that's for sure. When we first started it was so hard to get any traction. I think about $1,600 or so goes straight to reduction. ... It's the other $600+ that's so frustrating ...

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  3. I so understand where you are coming from and I sympathize, but look how well we have done!

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  4. You're below $90,000!!! Celebrate! It seems that your counter is moving more quickly as time goes by :) :)

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  5. We all feel your pain :( That total should be a HUGE motivation!

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  6. Yes but that is why I read your blog it is honest and not preaching how easy life is when you have debt. Sometimes when i pay all this money out & other blog's are saying how easy it is to save I feel like screaming! We got in this predicament and now we have to grit our teeth and get out and when I see your totals going down it helps me stay focused on ours.

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