Debt Update January 2012

It’s been awhile since I did a debt update, so lets take a look at where I’m at vs when I started debtkid.com back in 2007.

2011 was definitely not my best year for earning, especially compared to 2010 and even 2009. I let my work slack off with moving to Portland 2010 and getting married and other major life stuff.

So I was not able to save as much this year as I would have liked. I also started investing back into my current business more and so the last few months I’ve been going negative on my savings! Yikes. Hopefully only a few more months of that and I can start saving again.

Total Debt Jan 2012

(change from 2010 in parenthesis)

Student Loans: $7512.01 (-$841.99)
Mom Debt: $67,000 (-$20,000)
Total: $74,512.01 (-20,841.99)

What’s in store for 2012

I’m hoping that 2012 will be a breakout year for my business to really start earning well again.

Other than that life has been pretty darn good. It’s still weird for me sometimes going into a grocery store and not having to think so much about what it will cost to buy food.

I will never forget that feeling of dread I used to get when shopping. I think it’s a healthy amount now.

Hope your 2011 was fantastic!