Starting point (Oct 2011):
Student Loan 1 (My fed loan): $38,339
Student Loan 2 (S' state loan): $21,719
Student Loan 3 (S' fed loan): $5,454
Car Loan: $11,684
Credit Card 1: $10,577
Credit Card 2: $3,635
Credit Card 3: $0
Misc. small debts (S' small debts in collections): $5,443
Medical expenses: $3,672
Parents: $600
Total: $101,123
And here's where we are today:
Student Loan 1: $34,040
Student Loan 2: $18,369
Student Loan 3: $0
Car Loan: $0
Credit Card 1: $4,362
Credit Card 2: $0
Credit Card 3: $0
Misc. small debts: $4,284
Medical expenses: $0
Parents: $3,185
Consolidation Loan: $7,273
Total: $71,513
Paid off to date: $29,610 paid off + $1,199 in savings
The final quarter of the year killed us. We were plagued with car troubles, an expensive move, and just plain lack of dedication to paying off debt. As a result, we have slightly more debt at the end of the year than we did at the end of last year. I really hope we can get moving back in the right direction in 2016.
