Saturday, December 12, 2009

The Juggling Act Part Two

I added up what I pay nowand it comes to $2,522 a month. And, I have gotten my most recent statements to find out what the current minimum payments are. Here is what that looks like
Line of Credit currently pay $545 a mo actual min due 541 difference is $4 a mo
Visa one 275 a mo 270 5
Visa two 205 a mo 205 0
Personal Loan 205 a mo 205 0
Medical Credit Card 165 a mo 159 6
I don't know, so far I have $11 a month. Maybe this idea won't work, but I will do the rest anyway.
Master Card one 165 a mo 159 11
Credit Card one 160 a mo 154 6
Veterinary Credit Card 135 a mo 130 5
Master Card one 50 a mo 25 25 !!
Visa three 19 a mo 17 2Furniture 109 a mo 109 0
Car Repair Card 89 a mo 39 50 !!!!
Auto Loan 350 a mo 350 0
Office Store Card 50 a mo 25 25 :)

Looks a little more promising, so let me add them up. The total difference is....
$135 a month!!! Okay, it may not seem like much, but I'm excited. I don't have any month left over at the end of my money, so finding $135 is very cool!
Now I am going to start playing around (on paper of course) with the best way to use this money to pay down the debts faster, because right now it is all going into the black hole of monthly payments and doesn't seem to be making a dent in my balances.
What do you think of this. Have you taken a look to see if you might be doing the same thing? Do you think this will work?

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