Here’s a Friday progress update! We’re very excited to have paid off two credit cards entirely since the beginning of December (almost two months). One of those cards carried our largest balance, and that felt like a major breakthrough.
We’re on track to pay off three more cards over the next month, so hopefully at the end of February, those totals will look completely different.
Starting balance owed: 40,674.27
Amount paid to date: 15,490.04
Remaining balance: 25,325.26*
(*Those numbers don’t add up because some of our cards have agreed to settlement amounts and we weren’t required to pay the whole balance, and interest has continued to accrue on several of our other accounts.)
Thanks for reading. Those of you who are on a similar journey, be sure to keep us updated on your successes!