I never paid much attention to interest until I decided to seriously focus on paying off our debts. I knew it was there, but seeing the amounts each month is another story. The real estate loan has not added any interest yet, but I have figured that it will be a bit more than $30 a month. The auto loan is adding about $20 a month in interest. Now that I am watching the spending more closely, I am thinking of what I could do with $50 a month.
Instead of spending all my time whining, I am even more focused on paying off these debts. I could be earning interest on that $50 rather than paying it in as interest. My goal for this weekend is to find 10 items that I can sell on eBay. I will get those listed next week and have a bit money to add to the debt payoff.
Interesting
August 3rd, 2007 at 06:53 pm
August 4th, 2007 at 01:01 am 1186189309
Isn't it interesting what happens when you start paying attention to the numbers?