March 15th

I’ve made huge strides this month.

My deeply regretted car loan is finally under $17k. I made some extra payments before I started the debt snowball that gave me a bit of a head start.

One of my student loans is under the $1k mark. I’ve never had a student loan reach that amount. I made a $502 Payment on it this month that kicked it to under $1k. This was incredibly exciting. I don’t think I’ve ever been happier about such a small accomplishment. In comparison to what I still have to pay off, it really isn’t much, but I don’t care. It’s nice to see my student loans slowly fading away. I need to make some sort of ticker or counter that I can post at the beginning of each month.

So this is where I’m at now (roughly):

Debt Totals

I don’t know if I’ll be able to, but I’d like to pay off Student Loan 1 next month.

I’ve still got a long way to go, but I’m really excited to see my progress over the next few months.

Money I should Have Paid My Student Loans With….

I’ve spent a lot of money on things. THINGS. This money should have gone to my student loans. I’m going to start taking some pictures of these THINGS on Instagram and cross-posting them here. Here’s the quote from my Instagram:

I’m starting a new series of pictures including things I purchased with money that should have gone to my student loans. #1 – Hamilton Beach Breakfast Sandwich Maker. I can’t return you now, so every sandwich I make with you will now save me some money. Average Panera breakfast for me $7.01. Cost of breakfast sandwich and half a grapefruit – $1.75.

I work 6 days a week and take a one week vacation every 3 months. After federal holidays, I’m working about 288 days a year. I was spending an average of $7.01 at Panera on mornings that I worked. I go other places for breakfast, but I’d say the average was no less than about $6.00 a morning. At $6.00 I’m saving $4.25 a day. That comes out to about $1224 a year. That’s $1224 that can pay down my student loans.

Not all of these things will net a profit, but at least this one did.