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dancerjodiJetgrrl sent me a great spreadsheet for looking at debt payments, interest, etc.
If I paid things at the rate I've been doing (which *is* over the minimum payment each month) I'd be done paying off my 2 credit cards in 2008. Over that time I would have paid $35,000 in just interest alone.
This doesn't include my student loans and car loans (student loan should be paid off in 3 more years if I stick to schedule, car loan in 2 more if I stick to schedule).
Whee fun.
We need to figure out something smarter than what we've been doing to get this debt down. We can afford the payments, but we're throwing so much money away. This doesn't also include the credit cards that Brian has, or his car loan (or our mortgage). Me thinks we need to do less toy buying (ahem, Brian) and less spending over the weekends).
If I paid things at the rate I've been doing (which *is* over the minimum payment each month) I'd be done paying off my 2 credit cards in 2008. Over that time I would have paid $35,000 in just interest alone.
This doesn't include my student loans and car loans (student loan should be paid off in 3 more years if I stick to schedule, car loan in 2 more if I stick to schedule).
Whee fun.
We need to figure out something smarter than what we've been doing to get this debt down. We can afford the payments, but we're throwing so much money away. This doesn't also include the credit cards that Brian has, or his car loan (or our mortgage). Me thinks we need to do less toy buying (ahem, Brian) and less spending over the weekends).
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Re: Discipline
Date: 2004-09-28 06:26 am (UTC)We really ARE in the same boat, tho... We overpay and have killer credit as well, and the interest really gets to me. We always seem to have something come along just as we are able to throw a wad of money at our balance. And we, like you, have elaborate, uber-cool hobbies. :) Well, if you can count rubicat as a hobby... god knows I don't do much else...
I was just so comforted to read your post because it is just good to know that we are not alone! :)