Rich in Spirits

Net worth in the six figures!

Thursday, March 23, 2006

March 06 Totals/I am greater than the sum of my debts.

A young go-getter friend of mine recently chastised me for not having a 5-year plan. So I sat down and really took stock of my life.

I added up all my debt and saw that it came to $50,958. And then I did some more figuring and found out that I could feasibly have this paid off in 3 years. 36 months. 1095 days from today. But I'm going to try to do it even faster, if possible. And I'm posting it here to show people that it can be done, and to give myself the motivation to continue, if I'm stating my goals in a public forum.

7836 - Credit cards
10147 - Car
32975 - Student loans

50958 - Total

I'll post new numbers on the 23rd of every month. I've always liked that number, 23. And I'll also post tips and thoughts to save money and live on less the rest of the time.

I hope you'll join me on my journey!