I have recently updated my Debt Payoff Chart in the right sidebar, along with my NetWorth Chart.
The Debt Payoff Chart is hosted at the No Credit Needed Network and you can see that I now have about 40% of my debt paid off. I am slightly behind schedule since I wanted to have a lot more paid off by this date…but there were unexpected expenses to deal with.
I am steadily paying down the debt and increasing my net worth by snowflaking little payments here and there and practicing different ways to save money.
Thank you to all the people who help me in various ways from making suggestions to the readers who subscribe to the blog.
Good work! Paying off 40% is a great accomplishment. If you’re like me, it will only get easier from here on out.
That’s quite high to pay off.All the best
It’s great that you a accomplishing your goal of paying off your debt. Even though it is not lower than you wanted, you are still doing a great job. Keep up the good work!
I have had a few setbacks so that is why it is taking me so long…but as long as I am making progress it is all good.
It is not a race for me, just steady moving along.:-)
This might be a bit out of context but I’ll like to know how to pay off £11,000 in 6months with an annual income of £18,000. I really do need some advice.
@ Meeting Rooms
I am not sure that is even possible unless you have some major savings.
I think that could only happen if you do not have any expenses.Since you need to eat, at least some of your money will not be able to go towards the debt.
I will pose it as a question to my readers and see what they come up with.
I posed your question to readers here https://howisavemoney.net/random-moments/reader/ and you can scroll to the bottom to see the responses and suggestions they have.