|Debt||January 1, 2013||February 1, 2013||Difference|
Overall, a very good month! You see a couple additions… one being Nelnet, which is in forbearance, so that’s interest charges. Capital One now has the balance of the MyPoints card which I transferred over both to put it at a lower interest rate and to consolidate my monthly payments a bit. Capital One also gained an annual payment that I forgot to prepare for.
As you can see, I did manage to pay off the ER bill last month. Writing a $1,110.00 check was slightly painful, but it’s nice to have that one gone! Only a year and a half after the ER visit… Now I’m focusing on the car loan. It doesn’t have the highest interest rate (the lowest, apart from the student loans) or the lowest balance (again, it’s towards the top of the list, apart from the student loan), so it’s not next on the list of what “should” be paid according to most personal finance theories. But that’s why they call it PERSONAL finance. It’s the bill that bugs me the most, as I’ve paid off this car once before, and I’d like to own it free and clear again sooner rather than later. It’s the one I’m definitely the most motivated to make payments on. I think I may be able to finish paying it off by April. We’ll see.
I’m also looking over the list and trying to decide which one should get my focus next… probably either the Capital One or the Surgery Center bill. The Surgery Center doesn’t have any interest, and the Capital One does. I also need to get the balance transfer paid down/off before the promotional rate expires so that one will probably be the next one on the list. I was threatening to pay off the Perkins student loan next, since my college transferred the payments to a new company that is really ticking me off, but given the low payment amount and low interest rate, it just doesn’t make sense to do it that way. I can’t promise I won’t bump them higher on the list anyway the next time they do something dumb, though!
This is the first time since I had the surgery and added all those medical bills that I really feel like I’m making progress and there’s a light at the end of the tunnel. I’m really excited!