March 2017 Finance Report

This post may contain affiliate links. Please read my disclosure for more information.

We decided this month that after our April contributions to our IRAs that we’d stop contributing until we have paid off our debt. It was not an easy decision, since contributions to my traditional IRA are tax write-offs as a contractor. However, the idea of knocking off debt once and for all was just too enticing not to give it a shot!

On another note, in doing this monthly finance report, I’ve noticed that we’re paying off such a small percentage of every our total debt every month. This month it’s 1.6%. Ouch.

DebtOriginal AmountCurrent AmountPercentage RateAmount Paid Last MonthPercentage Paid
Credit Card$5,500.00$2848.009.75%$222.5448.3%
Car Loan #1$14,093.00$5142.311.99%$311.7863.6%
Car Loan #2$10,000.00$7363.541.99%$205.1426.4%
Student Loans$23,000+$8919.241.75%$105.3661.3%
Totals$52,593.00$24,272.21$845.7053.9%



Printable Debt & Savings Trackers Just for You!

Pixel


Use these free debt & savings tracking printables to help you track and achieve all of your financial goals!

You'll also be subscribed to the Debt Free Forties newsletter that includes budgeting and debt repayment tips and tricks. We won't send you spam. Unsubscribe at any time. Powered by ConvertKit

Text that reads welcome to Debt Free Forties

A forty-ish web designer/developer by day, a budget & financial fanatic by night. I’m a mom, wife, avid reader, and DIY enthusiast who’s tracking our journey to debt freedom. Read More

Recent Posts

Tana

Leave a Comment





This site uses Akismet to reduce spam. Learn how your comment data is processed.

How to make money on eBay: A step-by-step guide

How to Make Money on eBay: The Ultimate Guide

Learning how to make money on eBay was a personal goal that I decided to try at the beginning of the year. With so much ...

How to Quickly Plan Cheap and Easy Dinner Ideas

I'll admit it - I hate trying to figure out dinner ideas for tonight. Needless to say, this is probably our biggest downfall when it ...
Finding the best cable alternatives: A step-by-step guide to cutting the cord

How to cut the cord: Finding the best cable alternatives

For a lot of folks, the idea of cutting the cord on your cable tv can feel a lot like deprivation. Who doesn't need a ...