Sunday, March 2, 2008

February Update

So how did my debt reduction go in February?

There was nothing dramatic. It was the continuation of the small steps we take with every paycheque.

I ended up with $52 less this month in cash and savings accounts, but my Rogers stocks ended up being worth $52 more.

My RRSP contributions and company match added $283 to my totals this month.

We paid down $1,082 of our debt this month, most of it on our Line of Credit, with just the minimum on the consolidation loan. If we can keep that rate up on paying off the Line of Credit we should have it paid off by the end of the summer. Anyhow, this month we reduced our debt by 4.14%.

This all brings our networth to ($13,732). It's been great seeing our chart slowly climbing up towards 0. We will see our networth in the positive numbers.

Here's my NewworthIQ badge.


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