I’m proud to be able to say I paid off my third credit card since starting my debt diet today!
Only more 4 to go from here, and only 1 more to meet one of my 2008 goals of paying off 4 of my 7 cards by December 31, 2008.
Credit Card 6 - $0. Paid in Full 15/07/2008
I decided to use my extra pay from my pay rise to get rid of it, so the UK Fund won’t get a boost until next month now, and I’m OK with that.
I now have a $600 payment to snowball onto my next focus debt, Credit Card 3 which is now my smallest debt, but still quite substantial at $5,597.
I've crunched my numbers, and with some small tweaks I’m confident I’ll be able to get it paid off before the end of the year. I wasn't that sure even two weeks ago, but I've found a way.
Onwards and downwards!