For the next couple months I will be writing my progress reports a little differently. I am paying minimums or a little more than minimums while I save up for my move in July. Therefore, I will be reporting on my student loan progress as well as my moving “savings” progress.
The table below summarizes my long term and short term debt progress. In the “Current Debt” column, my totals as of June 1, 2014 have been crossed out and replaced with my debt totals as of June 30, 2014.
During the month of June I paid a total of:
- $52.34 toward principle
- $370.76 toward interest
I currently owe:
- $17,912.60 less than my original loan amounts
- $86.29 less than I owed on June 1st
The table below summarizes my moving fund progress. I provide information about my monthly savings goals as well as my actual amounts saved up to this point.
May Dollar Hollaaaaas: Due to a trip in early June with family, I was able to decrease my spending money this month by half! I also have picked up a side job teaching swim lessons, allowing me to take out less spending money.
For more information on starting a personal budget, check out our Getting Started tab at the top of the page.