As we approach the end of July, I realize now that my hopes of having one of my final two credit cards below $6,000 is not going to happen. It is a bit of a bummer, but as I started thinking about it, I realized that I didn’t tell anybody of what my goal was. There was the nebulous “get farther out of debt than I am currently” goal, but that gets accomplished every month, even if only by the minimum payments.
So I’m going to treat August differently. I’m going to set some goals, and see how close I can get to them. I’ve got 31 days to start paying it down. The credit card I’m paying down will have a balance of about $6,400. I should see it get down to $5,800 from my budget standpoint, but I want to stretch and see if I can get it down to $5,000. That’s $1,400 in 31 days, or just over $45 a day, including weekends. So we’ll see how successful I am at that, now that I’ve made it a public notice… :-)