Debt Accountability Check 1

February has brought with it some exciting progress. I’ve started saving a little for upcoming costs, I’ve reduced my debt, and the biggest things – I haven’t added to it!

I started tracking end of August of last year, and by the end of 2014, I was down, but had bigger goals. Here are my past numbers:

August 31, 2014 (start): 100%

September 30, 2014: 87.56% (down 12.44%)

October 31, 2014: 91.76% (up 4.6%)

November 30, 2014: 67.02% (down 24.74%)

December 31, 2014: 79.35% (up 12.33%)

So, I stated that my goal was to reduce my debt by 12%. Did I reach it??

January 31, 2015: 58.29% (down 21.06%)

YES!! I’m very happy that I beat my goal, and one thing you don’t see in this number that I have my balance all on one card now, my Discover card, that carries 0% interest until April.

Other goals that I reached this month financially:

  • I saved fully for the hotel room we are renting for a wedding we are attending in April.
  • I scheduled transfers to my Barclay’s Savings account, which now provides a 1.00% APR, the highest you will find.
  • I did not purchase any unnecessary clothing, or any at all.
  • I paid for the ski trip we went on late January in all cash/debit.

What goals have you reached this month?



2 thoughts on “Debt Accountability Check 1

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