So I made the best of my bodily injury settlement and paid off a student loan!
The rest went straight to savings.
I now have two student loans left.
Student Loan 1: $6556 at 5.69%
Student Loan 2: $1989 at 2.22%
I'm planning on paying off my Student Loan 2 in 5 paychecks! So come October, I will have my last student loan left.
$8545 left! I'm going to finish the rest of this year strong!
Thursday, August 18, 2011
Tuesday, August 9, 2011
Debt Update & Financial Windfall.
I'm back!
Slowly paying down debt, but haven't made any huge strides lately. I'm hoping I'll get back into the groove 8/25/11 paycheck.
I now have a $1000 emergency fund.
My three student loans are at $11038, almost in the 10k range.
I didn't mention this but I was involved in a very bad car accident in late June. Blessed and lucky I came out of it with little injury.
Because the other car was 100% at fault I'm in the process of getting a bodily injury settlement. Extra money is great, but not under these types of circumstances. Just that type of experience stinks!
Planning on putting it straight into savings. And let it sit for awhile.
Slowly paying down debt, but haven't made any huge strides lately. I'm hoping I'll get back into the groove 8/25/11 paycheck.
I now have a $1000 emergency fund.
My three student loans are at $11038, almost in the 10k range.
I didn't mention this but I was involved in a very bad car accident in late June. Blessed and lucky I came out of it with little injury.
Because the other car was 100% at fault I'm in the process of getting a bodily injury settlement. Extra money is great, but not under these types of circumstances. Just that type of experience stinks!
Planning on putting it straight into savings. And let it sit for awhile.
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