Sunday, December 18, 2011

State of the debt

How I'm doing as of December 18th:

Total debt: $37,938
Bank of America $7,507
Amex Blue $1,028
Amex Gold $0
CareCredit $0
Chase PerfectCard $6,376
Chase Universal $5,334
Discover $4,196
Student loan debt $13,497

Total assets: $34,378
Savings (in various accounts) $1,281
Traditional IRA $23,089
Roth IRA $1,478
401k $4,304
SEP-IRA $4,226

Well, I'm pleased with how the debt has come down (it was $44,591 July 1st) so that's down more than a thousand a month. I repeatedly have this realization about how much freaking money I will actually have once I pay off my debt - so, so much of my paycheck goes to debt that it's going to be shocking to have actual money when I am finished paying it off. However, all my assets went down a lot, so that's not good. Not much you can do about that though!

I paid off the CareCredit card and the Amex Gold card, and also paid off the car repairs I put on Boyfriend's card. I also got some extra money and paid down the Amex some. I was hoping to get the Amex paid off entirely by the end of this year, but it doesn't look like that's likely to happen at this point.

I'm also pleased that I paid off the CareCredit card because I took a new job! It's great and I'm very happy that I did it, but it did mean taking a small pay cut of about $100 a paycheck. So it's nice to not have that extra payment to be made.