So, I have a spreadsheet that tracks all my debt except the mortgage. I have everything bucketed by month and what I plan to pay off and when. I have a regular and aggressive payment sheet. The theory on the regular is that the are realistic numbers and if I stay on track I should hit them. The aggressive numbers are a motivational tool. Just out of my grasp but attainable in a perfect world (barely).
Well, after much debating internally, I have decided to redo my goals. I am dropping regular plan and adding a super aggressive plan. I don’t know how I’ll even come close on the super aggressive plan, but the goals on the regular plan were being easily accomplished.
1) Credit Card Debt (0% until May 08) – Balance 1/1 – 6,000
Regular: April 2008
Aggressive: March 2008
Super Aggressive: February 2008
2) Car 1 (4% interest rate) – Balance 1/1 – 5,726
Regular: July 2008
Aggressive: May 2008
Super Aggressive: March 2008
3) Car 2 (3.9% interest rate) – Balance 1/1 – 17,046
Regular: February 2009
Aggressive: September 2008
Super Aggressive: July 2008
4) Wife’s Braces (0% interest rate) – Balance 1/1 – 2,652
Regular: March 2009
Aggressive: September 2008
Super Aggressive: April 2008
5) Son’s Medical (0% interest rate) – Balance 1/1 – 18,000 (estimated)
Regular: August 2009
Aggressive: January 2009
Super Aggressive: September 2008
Let’s see how this works. Strive for the super aggressive plan and settle for the aggressive. Keep the focus!!! I don’t know how I’m going to do it, but that’s the challenge.
More agressive goals
February 5th, 2008 at 05:26 pm
February 5th, 2008 at 07:13 pm 1202238799
February 6th, 2008 at 01:16 am 1202260586