After my very bleak post back in July, I have excellent news. I just paid off my first credit card! In seven months, I've paid off a balance of over $1500 by cutting drastically back on expenses and throwing all my "leftover money" at the end of the month towards my balance. So now I'm going to take the amount that I was paying monthly on that card (usually about $220) and add it to my current monthly payment on the next card. If all goes according to plan, I should be able to pay off the next card in 13 months.
So my new balances are as follows:
Card #1 - $4,147.25
Card #2 - $4,907.71
Card #3 - $7,969.41
Total: $17,024.37
Difference between last tally: down $1,535.61
Still high, but do-able now that I've managed to pay one off. I can do this.
