1Q07 Debt Reduction Update…

Thanks to constant reminding by , I have finally taken some screenshots of the debt reduction effort. Things are going amazingly well right now. Uncle Sam will be depositing a fat refund of my cash money that he’s been using all year, which will go toward the effort.

These charts represent the state of affairs as of tonight, I have gone ahead and filled it in with April in-progress as to show the last big payment on the credit cards. One other point to note… we used part of our incentive pay to eliminate Tasha’s remaining credit card debt from college. This is not reflected in the charts, because we did not start out tracking that total and we didn’t want to skew the graphs by trying to add it back in now.

Since January 1, 2006, we have reduced our total debt by 57.92%:

Since January 1, 2007, we have reduced our remaining debt by 41.59%:

At this rate, we should be finishing up with our credit card debt by the end of the year. We’re pretty happy at the progress so far.