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Long Time No Blog!

January 22nd, 2010 at 09:32 pm

I haven't posted in months, but I am still checking in and reading blogs regularly. I have been busy with life and nothing has really changed for me financially, other than whittling away at my credit card debt! After two full years of paying down on my CC debt and not incurring any new debt, I've paid off a little over 40% of my original CC debt. I have been able to maintain my $1,000 baby EF, and this coming year I hope to double that. It doesn't seem like much saved, and the progress with paying down my CC debt has been slow ... but I think it's pretty good considering the high interest rates on my cards and the fact that I have not had a salary increase at work in over a year. I've also continued to contribute 6% of my salary to my 401(k) to get the match. I think that once I hit 50% of my debt paid and get to the downhill slope, it will go much quicker ... I'm looking forward to that, and it should happen soon!!

3 Responses to “Long Time No Blog!”

  1. Amber Says:

    Way to go, a $1000 saved is a heck of a lot and 40% off the CC debt is awesome, plus you are still making contributions to your 401k. Keep up the great work Smile

  2. ralph Says:

    Yes - impressive progress! Good job!

  3. Jerry Says:

    That is progress! I think that having a grand in the EF is a great start for the coming year and it will lead to even more in the future. It's good to have the insurance that you are making your retirement fund contributions, too. You're making all the right steps, congrats!
    Jerry

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