Lord Cashmoney reporting with official tallies for August! Here were the new results compared side-by-side with July numbers which will be in this nice blue.
Official Beginning-of-August Number: July
Student Loan Debts: $-34,190.76 $-34,623.03
Credit Cards: $-8,012.43 $-11,335.51
Cash: $6255.71 $7,791.68
Investments: $19,289.54 $11,929.09
A pretty good month, if I do say so myself! Credit card debt is down by $3,323.08, and student debt by $432.27. Markets were also down though, and I'm currently biased towards Amazon.com stock by virtue of employment. Market reaction to Amazon's financials report wasn't kind. I did gain a significant $7,128.63 boost by remembering to count a "forgotten" investment this month though! Next month should see an equally large drop in credit card debt. I would be shocked it I can't have it fully taken care of by October's end. Maybe a better idea would be to redirect some of the non-401(k) investment money towards obliterating it completely by September.
Keep up the good work everyone! This is a truly amazing race!