Boy o boy, it sure would be nice to be able to use the amount I put towards debt each month for today and the future instead of the past. The good news is I was able to reduce the principal amount of our debt by over $2,600 last month. I also sent some to my IRA.
I haven't updated my savings yet but hopefully will do it this weekend.
For the first time in seven years, I will actually receive a federal income tax refund. In the past, any refund has been taken to pay off my husband's past due child support which has finally been paid off. I did file as Injured Spouse one year, but decided it better, and much easier, just to put any refund towards the debt.
I wasn't able to pay off Student Loan #1 in full in January because our tenant didn't pay her rent in full for the month. Ugh, being a landlord stinks. The loan will be paid off in February. Yea, one less thing to worry about.
Only big expense for February should be a camera and party for my son who is turning 18. Other than that, minimalism is the key for now.
Debt Figures Update
February 2nd, 2011 at 01:36 pm
February 2nd, 2011 at 11:45 pm 1296690340
February 4th, 2011 at 02:58 pm 1296831503
Jerry