I really could have done this last month, but I didn’t. You may know that we started with a peak of $20,000 in credit card debt (I say “we”, but I mean “I”). I can’t remember the exact amount, but I left college with about $15,000 in credit card debt, and in the last 6 years, that amount peaked a few times at about $20,000.Â Mostly those times were our wedding, honeymoon, auto downpayments (at 0%), or other temporary large purchases.
Well, today is the day that we have less than $10,000 left in credit card debt! I just sent off a payment of $150 to Citibank, and our new CC balance is $9,852. Last month, the balance was $10,002.
I’m still considering which of our remaining debts to pay down first (2 student loans, CC, or Ridgeline). It looks like I’ll be able to get a decent balance transfer rate in November when the current 0% offer is up, so I may decide to pay down my student loan next, rather than the credit card debt.
But getting rid of that credit card debt is just so tempting!
Feeling Clever? Join our newsletter!
Subscribe to get the latest from "Clever Dude."