“May, 2008” Archive
May
20
To all those folks who have been clamoring for an update, I apologize for not being back often. As I mentioned in my comment in a prior post, technical difficulties and a very busy and hectic work life have kept me away from the site.
That said, due to popular demand and my frustrating but seemingly effective attempts to overcome technical issues, I’m happy to provide an update to the Debt-O-Meter. I’ve knocked down almost $2K in debt over the past two months and I’m just under the 10K mark. With the exception of American Express, I now have all my former accounts on fixed monthly payments which total $953/month. I am in the process of establishing an emergency fund and once that is sufficiently funded I will start throwing even more money toward the debt. My goal over the next twelve months is to retire $17K in credit card debt, with a stretch goal of $20K. I have a few things in the pipeline that should allow me to do; more details on that to follow. Assuming this post remains stable on the site over the next 24 hours, look for some new posts from me…finally!