Debt Tracker

Check back often as I work to pay off all of our debt!

FitNP’s Debt (as of 10/29/2013) from highest to lowest:

• Best Buy Credit Card- $655 PAID OFF ON 10/29/2013
• Sallie Mae Loan 1- $1,070
• US Bank Card 1- $100.00 IN PROGRESS
• FirstMark Services Loan- $1,230
• Sallie Mae Loan 2- $1,458
• Sallie Mae Loan 3- $2,290
• Sallie Mae Loan 4- $2,290 (not a typo)
• Sallie Mae Grad Plus Loan- $2,333
• Capital One Card 1- $3,075.18
• Us Bank Card 2- $3,853
• Great Lakes Loan- $6,685
• Sallie Mae Loan 5- $6,868
• Sallie Mae Loan 6- $11,295
• Student Loan M- $24,853

Starting Debt: $69,252
Total Debt as of 10/31/2013: $67,483
Debt paid off: $1,769
Percentage of debt paid: 2.5%

1. Pay off smallest, credit card balances (those in blue) first.
2. Once debt is paid off, use saved amount from old debt’s minimum balance to help pay off next smallest debt.
3. Close off highest interest credit card and rely on 3 cards.
4. Repeat process for student loans balances (those in maroon).

Assets:

1. Savings Account: $5,000 at .05% interest
2. Joint Checking Account: $1,002
3. Personal Checking Account: $1,566

Total Assets: $7,592