Updated Progress Bars

I updated all of our debts today, including the progress bars on the right side of the page.

Car Loans: $10,725

Credit Cards: $17,671

Student Loans: $49,575

Mortgage: $164,077

That means we paid off $2053 in debt principal (including $171 on the mortgage) during the month of April... which doesn't seem too bad.

It's hard to imagine having that much extra money in our bank account each month, if we didn't have to make nearly $800 in car payments, $300+ in student loan payments, etc.

Status Report, as of 4/30

We made a small dent in credit cards this month:

His: $13,634

Hers: $3,899

TOTAL: $17,533

We're waiting on a few refund checks to come - our state income taxes (just over $400), and a refund of overpayment to our mortgage escrow account ($1375). Those will be put straight towards credit cards, and we don't have any major expenses this month - so by early June, we will probably be able to knock out my credit card completely, and have Hubby's paid down to around $12,500!

I went on Kelly Blue Book this week to find out how much our cars are worth. One is worth about $6k, the other is around $9k. We currently owe $3k & $8k - so we actually have a tiny bit of equity in each car! We have absolutely no plans to sell either car anytime soon, but it's nice to know that we could get rid of either one and still come out ahead.

Falling Short for Sept

Although I paid off one of the student loans this month, I'm going to be at least a couple hundred dollars short by the end of the month.

My checking account, after tomorrow's paycheck gets deposited, will have $1725.

BUT:

• I still need to pay my car payment, $350.
• My revolving balance credit card (the one I use for groceries/gas/etc, then PIF each month) is currently at $401.
• I'll need $100-150 for groceries & gas to last the rest of the month.

Assuming that I don't eat out, or buy anything else, that leaves only ~$850 to apply towards outstanding credit card balances this month. Realistically, I'll spend at least another $100 on random purchases for the house and for entertainment, leaving only $750.

I had hoped to pay at least $1000!