With all the talk about the condo and moving and whatnot, I've not mentioned my credit card debt very much, except in the monthly updates. And that's really what this whole blog is supposed to be about -- the credit card debt.
Well, I'm happy to report that I'm still on the path. My goal has been to maintain the payment plan until the condo purchase is complete and I have to pay my mortgage and condo fee. And that's exactly what I've been doing. And it's paid off (pardon the pun) -- I now owe less than $3,000. After this payment I scheduled today, the balance will be about $2,700.
Three years ago, I owed $20K. Twenty. Thousand. Dollars. Let that sink in for a few moments.
...
I'll be able to stay on my payment plan at least one more month before I have to reduce my payments. My first mortgage payment will be due July 1. But that's OK. By then, I'll owe around $2,000. I can live with that.
In other news, I've discovered what the rent will be for the new tenants of the apartment I'm leaving. It'll be $100 more than what I'm paying now. Once you factor in the power bill at its highest, the cost will be close to what my mortgage + condo fee will total. Only I'll be owning a bigger and better place. I'm grateful.
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