My total debt is $61,828! This includes student loan, a personal loan from my mom and 2 credit cards.
I used the USAA Debt Manager tool to create and track my monthly budget to keep me on target with paying off my debt.
I’m using the snowball method vs the avalanche method, which allows me to focus on knocking out the debt with the lowest balance and then working my way up to paying the bigger balances. I chose this method for a number of reasons, one because I wanted to celebrate the small successes early on. The other reason is to pay my mom the money she lent me as quickly as possible because that’s what good daughters do😜 Lastly, the smallest amounts I owed could be taken care of within a few months, so it just made sense to me to have those paid off now instead of later.