How much do I Owe?

This post is just to get the figures out there. I am trying to get the credit cards and loans paid off as quickly as possible.

There is a mortgage and quite a sizable one at that but I have a different outlook on mortgage debt and will write about it in a future post.

Here is the list from the smaller debt to the largest as of:

Saturday, 23rd February, 2008:

• Visa Credit Card $ 902.75 16.25%
• Amex Credit Card $1885.32 16.49%
• Line of Credit $3000.00 14.75%
• Master Card $9829.02 20.39%

That's a total of $15,617.09

By paying the minimum payments plus an extra $305 a month these debts will be paid in full by June 2010. That's 28 months but I would like to do better if I can and get the time down by about a year.

So having these paid out in 18 months instead of 28 months will be the goal I will aim for. Wish me luck!