Debt Pay Off

Yesterday I mentioned how we used our income tax refund to pay off all our credit cards. Below is a break down of how much we paid to each of the cards.

I also wanted to share with you something that I found very interesting. When my husband received his Juniper bill last month there was a chart on the first page. It showed how long it would take to pay off the bill if you only paid the minimum and if you paid $51. It only showed how much you would pay.

Very interesting huh? The minimum payment was $32.92 a month. So, just by paying an extra $20 a month, we would cut the amount of time it took to pay it off by 18 YEARS and pay about $1257 LESS! This is just proof positive that you can get all your credit cards paid off just by sending in a little more money each month.