Today I decided it was time to do a status update, since it's been a while. We finally received our statement from CC #2, so I had all the numbers I needed.
Well, ta-daaaa! We have paid off $10K of our debt since we started this journey! Actually, most of it probably happened in the last 2-3 months. Before then we were focused on our wedding/ honeymoon/ paying the IRS, etc.
Now that we have all that behind us and we've made a pretty big dent, it's full steam ahead!
Also, thanks to the suggestion from Erika at Newlyweds on a Budget, I applied for a Citicard to see if I could somehow get a zero interest balance transfer for part of our debt. (I had already called my cards but they refused to lower their rates.) I found out today that we were approved! It's only for a small portion, but it will save us almost $400 in interest over the next year or so. That's not bad! Not bad at all.
Oh My! Congratulations! That is amazing.
ReplyDeleteYour hard work is paying off... debt.. ha
Great news about the no interest rate card too!!
I love good news
Congrats! That's awesome!!!!
ReplyDeleteWow! Great job! And glad to hear you get to be relieved from at least a little interest!
ReplyDeleteWoo Hoo for the transfer to the low-interest card! DH did that with a portion of his visa balance, and seriously, can I TELL you how good 1.99% feels after you've been paying like, 18%? Way. To. Go. (Also, thanks for checking out my blog! - us newly(ish)weds need to help eachother out!)
ReplyDeleteyay! thats great! well done!
ReplyDeleteThat is awesome. Congrats!
ReplyDeleteCongrats!!!!!!! That is so amazing!
ReplyDeletethat is so awesome! I am so proud of you!!! keep it up sweetie! you will be there in no time!
ReplyDeleteWow! Good job on saving $400 on interest! Yup, Citicard has saved me many a time. I need to stop depending on them, hah!
ReplyDelete