Time for the ol' update.
For the month of October:
$1194.18 total I paid towards my student loans.
$944.12 Minimum Loan Payments
$250.06 Snowball Payment to #3
$458.06 Amount to Interest (38.4%)
$736.12 Amount to Principal (61.6%)
Percentage of Principal Paid (0.62%)
I was feeling a little cheeky this month, so when I made my snowball payment, I also paid a penny towards each of my other loans with that company. He he he.
Well, I know one thing I didn't do this month was reduce my medical spending. There are just so many appointments, with so many different doctors. I am very thankful to be working with a terrific team of doctors, but these appointments are really draining me, in more ways than one!
This month I was hoping to pay at least $500 towards my loans, but that fell pretty short. Even the the $250 snowball was kind of a stretch. Ideally, I should be waiting until my next pay day before I make this additional payment, but if I make payments on the next billing cycle it messes up the automatic payments I have set up. It's not ideal, but I just try to budget carefully. :)
Onward and Upward,