The goal every month in our journey is to make progress. Progress means we are closer to our ultimate goal of freedom from debt. Life happens on a daily basis around here and we often feel like we are moving backwards or standing still. We keep up with our debt totals on a spreadsheet that I update with all payments. It helps us keep going when getting out of debt seems impossible and it also spur us into action quickly when we run things off into a ditch.
We started the month of October with 42% of our debt gone.
We started the month of November with 44% of our debt gone.
I’d love to be able to knock out 10% a month but it just doesn’t happen here. Our “debt snowball just doesn’t have that potential right now but every month we pay less interest and our payments make more of a difference.
I’m setting our goal for 47% at the end of the month of November. Hopefully we’ll be in shape to reach the 50% mark by the end of the year.