I have a new goal for my debt... I'm kind of excited about it!

Now that my debt is a more manageable $10.000 instead of $25,000, (still a lot, but we are making progress!) I want to find money every month to pay an additional 1% of our debt.  

I know that doesn't sound like much, but I believe every little bit helps and any extra money thrown towards our debt will help us to get out of debt faster. Each month the extra money can come from anywhere. If I am able to whittle down our budget we will send the extra money towards our debt. The money could come from extra paychecks or overtime. The whole goal is to send an extra 1% of our debt total towards our debt that wasn't already planned and budgeted for debt.

When our debt was at nearly $25,000, I don't think we could have found an extra $250 to put towards debt. We were making irresponsible choices with our money and didn't have the extra money to spend. Only needing to come up with an extra $100 (at most) is so much more manageable; partly because it's a lower amount but also because we are so much more conscious of what we have coming in and going out.

I literally only thought of this yesterday and my credit card bill is due on the 12th so I don't have a lot of time to come up with extra money this month, so  I will be using the small extra paycheck I will get on the 10th for class coverage to put towards our debt.

Each month we will have to come up with less and less money to find 1% as we decrease our debt, but I still think it will be a fun challenge. I think it will encourage me to take on extra work at school and to be more mindful of our budget monthly.

I'm excited to see what extra money we can come up with and to see if we can come up with more than 1% extra each month. I think I will keep track of the extra money we send towards our debt. When we are debt free, it will be fun to see how much extra money we were able to scrape together and how much this extra little challenge goal affected us. Anything that helps us get out of debt faster is worth it to me!