I haven’t made a post in a while with my debt so I thought I would update it.

My Student Loan Balance is $4990.88

I am so far ahead on that account that my next payment is due sometime in 2010. I asked them not to do that but that is their way of earning interest in hopes that I won’t make another payment until then. I have been sending $100.00 a week here recently.

My Car Balance is $11,910.68

What makes me sick is that out of my $280.00 monthly payment $89.00 went to interest.

I keep juggling the idea of selling my car. I haven’t decided yet. I really like my car but I don’t like the burden that debt weighs on my mind.

My mortgage balance is $45,453.75

My monthly payment is $917.43

$248.50 goes towards interest. That really puts a pit in my stomach.

I want to pay all of this off and not be a slave to a bank. I want to do what I want to with the hard earned money that I make. Not make the banks richer.

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