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Credit card balance

May 11th, 2016 at 05:49 pm

So here's the deal...in order to get this house we ended up using a credit card. To acquire the house and then put on the new roof our balance soared to 17,350. Prior to buying this house we had no credit cards so it's been a real shock to say the least.

Since January we have paid the credit card down to 13,000 (approx. 500-100 per month plus the help of our tax refund). I'm hoping to have this down to 6,300 in January. The goal is to have it paid off in 2017 so we can look towards paying down the mortgages and doing some fix ups around the house.

2 Responses to “Credit card balance”

  1. VS_ozgirl Says:
    1463054550

    Cheering you on for a low credit card balance!

  2. rob62521 Says:
    1463062760

    Good job on chipping it away.

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