A Story About Paying Off Debt and the Obstacles Along the Way

The Current Debt: July 2020

Debts as of July 24, 2020:

Car loan: $0 - Paid off October 2017
Credit Card #1: $0 - Paid off July 2017
Credit Card #2: $0 - Paid off February 2018
Credit Card #3: $0 - Paid off July 3, 2018
Student Loan #1: $0 - Paid off January 2019
Student Loan #2: $34,713 (Interest rate: 4%)

Total debt: $34,713

This is down from $35,908 back in February of this year, which is the last time I posted a debt update. So - progress! This is in part because we refinanced our loan with Modela. We now have a 4% interest rate (a vast improvement over the 7.25% rate we were working with before).

Debt paid off since June 2017: $42,576

Total Debt (I know the scale on the x-axis is off... but I'm too lazy to fix it):