At the beginning of the year I was sitting on around 6800 in credit bills spanning 4 credit cards. I had one that was on an interest free promotion for 18 months and others that were accruing interest. I made it a point to knuckle down in january of 2016 and start picking off my highest interest rate card instead of the largest sum as you guys suggest.
After I paid that one off I used the money I was saving each month and started applying to my next highest card and so on. By the time I made it to my last card in October I was paying close to 500 a month on just that one. I made my final push to pay the last one off on NYE. It feels amazing to have all that extra money not being tired up.
From here I have 2 small students left that I can add the 500 per month I'm now saving and clear those out. Just thought PF might like to hear another success story!
Submitted January 02, 2017 at 09:45PM by bovadeez http://ift.tt/2hM6lPP