Tuesday, January 19, 2010

$6 million and counting...down

I admit I was surprised. With 20 index cards counted, GT's inaugural FPU course was staring straight down the barrel of $6,000,000+ in debt!

Now, I know that we have homeowners in one of the most expensive cities in the country. What surprised me that NOT ONE CARD had $0 on it! Not one!

We've got our work cut out for us!

I know for me, debt like student loans and credit card balances seem to never go away. I totaled up what we're paying every month - and we're being aggressive - and yet I still feel like we're digging in quicksand sometimes.

Looking forward to next week's lesson! How about you?

1 comment:

  1. Remember how Dave Ramsey mentioned how no one gives a rate of 18% or how he would never pick a card up with that rate? I met someone today who had a 28% apr on their college loan that they are (unsuccessfully) trying to pay off.

    Is 28% even legal? :o

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