We've already made a little progress this month.
The tax refund came in...and went right back out again. The difference between this year and those past is that this year it went towards debt.
There have multiple times throughout the years that we have planned on allocating the tax refund towards debt but without a concrete plan, the money would always seem to slip through our fingers, spent on frivolous things we didn't really need. This year; however, we finally made some progress.
With the help of the tax refund and regular monthly paychecks we have been able to reduce our debt by
$1,449.76
bringing our total debt down to
$145,016.02
A mere drop in the bucket compared to the total amount but definitely a step in the right direction.
A step in the right direction is a good step!
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