Should I celebrate small debt payoff wins or aim higher?

D

DesMaikiCops23

New Member
I haven’t posted since March, but here's our MAY update!

We got a consolidation loan for $7500. It saves us $60 monthly.

Since March, we're down around $1000. It isn't much in two months, but it's NOT an increase!

Thank you for following our journey!

#DebtFreeStovers
 
Saving $1000 in two months is a great goal. We’re close to $700 after two months. That’s real progress.

Living paycheck to paycheck is tough. You’re not alone in that feeling. Small steps can help build a little breathing room.
 
Nice. We don't really have consolidation loans in Canada. I got myself into these issues using loans. It's become a cycle with instalment loans. It's very hard to get out. And to stay out. Living paycheck to paycheck throws you back in if you're not careful. I consolidated mine into a debt management program, but even that is proving hard to pay for now, every month I pay six hundred dollars.
 
Back
Top