Debt Confession | July Starting Numbers | Paying off $77k in Credit Card Debt

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Hi, my name is Stephanie. I'm a wife and mom of 3. My family and I live in the state of Florida. Were currently working on paying off what started out as 77k worth of credit card debt! We currently owe under 50k! If you enjoy monthly budgets, paycheck budgets, weekly check ins, debt updates and the occasional grocery haul make sure you hit the subscribe button so you dont miss a thing!
If youd like to get into contact with me:
email: [e-mail]
instagram: mrs_summers_budgets
happy mail: 134 E McCormick rd, box 358, East Palatka Fl 32131

[@chrisypbydesign]

This may feel like a painfully slow journey but you’ve accomplished so much! Look how much debt you’ve knocked out! Congrats!!!🎉🎉🎉

[@leescott9311]

It is amazing how much coloring you were able to do even with a job loss. That is amazing!

[@budgetfor5withstephanie]

Thank you so much Lee!

[@BudgetWithMrsP]

Love that you still made progress despite the obstacles you faced in May! Great debt update!

[@budgetfor5withstephanie]

Thanks so much Mrs P

[@travelingchief95]

Hey Stephanie!! Awesome update and even in spite of what’s been happening with the employment situation, you’re still getting after the best🎉🎉🎉🎉

[@budgetfor5withstephanie]

Thank you so much ☺️

[@amybeauchamp7834]

I love that you show the money lost to interest payments. Makes it real!

[@budgetfor5withstephanie]

Thank you Amy, it makes me real mad lol

[@BrittneyBudgetsAndThings]

Great update! I like how you show what amount went to interest!! I think I am going to incorporate that instead of the percentage amount of my interest so you can actually see how much went to interest. Thanks for sharing

[@budgetfor5withstephanie]

@@BrittneyBudgetsAndThings thanks so much for watching Brittney, yes, seeing the interest gets me fired up to get it gone lol

[@KatieoftheHouse]

These are my favorite videos to watch 🎉 You are chipping away at it! You’ve almost paid off 30K since you started. That’s incredible.

[@budgetfor5withstephanie]

@@KatieoftheHouse thank you Katie, it feels like we've done nothing lol this reminds me we are making progress

[@KatieoftheHouse]

@@budgetfor5withstephanie you are 100% making progress. And girl! You made progress even during a tough time when Bryan was in between jobs. You should be so proud!

[@MistakesWereMade-MWM]

Woot! Broke 10K on the Chase Freedom and you're nearly under 49K as a whole. Awesome work!

[@budgetfor5withstephanie]

@@MistakesWereMade-MWM thank you so much!

[@Lifeoverdebt]

I love this for you guys! Who knew tracking and paying off debt would be so satisfying! 😂 You did an amazing job, even with the job loss!

[@budgetfor5withstephanie]

Thanks so much Terra ❤️

[@BudgetingOver40]

Awesome progress Stephanie. Small steps in the right direction is still progress. Coloring all but one chart is fantastic. Way to go!

[@budgetfor5withstephanie]

Thank you so much Melissa ☺️

[@FinancialDreamswithChristine]

You are nailing it! Great work! Even with challenges, you persist! Well done! 🌸💗🌷🎉⭐️

[@budgetfor5withstephanie]

@@FinancialDreamswithChristine thank you Christine!

[@BethelBudgets]

Wow Stephanie! That is amazing! Congratulations!!! I am amazed at all of your progress and can see why this is why this is one of your favorite videos to make. I am especially impressed with the additional challenges of job loss last month. I love the coloring pages. I was super excited when you moved up to Level 2 on Tetris!

[@budgetfor5withstephanie]

@@BethelBudgets thanks so much Megan ❤️

[@Chatty-KathyBudgets]

💜💜💜 Happy Monday my friend 😊. You are doing absolutely amazing on your journey 💜💜💜

[@budgetfor5withstephanie]

Thanks so much Kathy!

[@Sitasbudgetingjourney]

Hey Stephanie, you are doing such a great job with your debt, I absolutely love your determination. You motivate me to keep pushing to get my debt paid off. Have a great day. 😊❤

[@budgetfor5withstephanie]

@@Sitasbudgetingjourney thank you so much Sita ☺️

[@budgetwithlisa2024]

Hey Stephanie!! You’re doing amazing! Even with the setback last month, you’ve kept going. So inspiring. I love watching debt update videos. Great progress my friend! ❤❤

[@budgetfor5withstephanie]

@@budgetwithlisa2024 thanks so much Lisa! I saw you posted yours, can't wait to watch!

[@managingmonasmoula9811]

Congratulations on paying down some of your credit card debt. Every dollar counts and you have to celebrate the wins. Keep up the good work. You’ll reach your goals! ✅💯

[@budgetfor5withstephanie]

Thanks so much Mona ❤️

[@BudgetingTheBacon]

Absolutely great progress and paying so much to debt for this month! Woot woot level 2!

[@budgetfor5withstephanie]

@@BudgetingTheBacon I'm so excited to move to the next level 😆 thanks for watching!

[@SaveNStuffwStephanie]

Great progress 💕💚 and kiddos for staying the course even amongst a job loss

[@budgetfor5withstephanie]

Thanks so much Steph ❤️

[@elainerealized]

Happy Monday, Stephanie. Great update! Thank you for sharing your journey with us.💙

[@budgetfor5withstephanie]

Thanks so much Elaine, happy Monday!

[@mindysbudgeting]

Hi Steph your amazing my friend 🧡 I fell like my debt isn't going down but when I look at the numbers since last year it is 😊❤

[@budgetfor5withstephanie]

@@mindysbudgeting thank you Mindy, I feel the same way but the numbers don't lie!

[@FantasyBudgets]

New Subbie and on my way to becoming debt free. So excited to see how far you have come in your journey. Can’t wait for some more updates.

[@budgetfor5withstephanie]

Thank you so much for subscribing! I appreciate you being here!

[@Niensbudget]

You are doing a great job with your budget! ❤ That's great progress! 😊

[@budgetfor5withstephanie]

Thank you Nien 😊

[@ThisChickBudgets]

Good morning. 🎉congrats on the progress! That’s awesome. Great video

[@budgetfor5withstephanie]

Hi Elle! Thank you so much ☺️

[@kishasneed585]

Love the video, Great progress 😊

[@budgetfor5withstephanie]

Thanks so much Kisha ❤️

[@Sum1Budgets]

Good morning ✨💕✨

[@budgetfor5withstephanie]

Good morning Jonie, thanks for watching!

[@BudgetingwithTracey]

Keep it up!! 😊😊

[@budgetfor5withstephanie]

Thank you Tracey! 😊

[@dustinmarie]

Do you have a plan for payoff when the introductory 0% offers expire? Otherwise the fact that you’re paying zero interest right now is irrelevant because it will all get added once the 0% expires. Can you take out a home equity loan to consolidate? Maybe even roll the cars into the loan ad well since those are gonna out you under water next month.

[@budgetfor5withstephanie]

The only card we have currently that would acquire interest is home depot bc it is a store card but we do plan to pay it off before Mar 2025 which is when the promotion expires. The other cards expire around the same time so we will probably just see what kind of offers are available on cards we don't have a balance on to do a transfer and pay the transfer fee. My credit score has been going up, I've gained over 100 points since we got the cars so we're still planning on refinancing them around September to see if we can get the payment reduced. We don't want to add cc to our mortgage bc if we couldn't pay our cc payment it'd be OK in the grand scheme..send us to collections.. but if we couldn't pay our mortgage they could take our home.

[@lindacee2893]

yay

[@budgetfor5withstephanie]

Thank u Linda 💓

[@jbs2cents596]

❤

[@lovelypookey782]

How did you get some many cards with 0 interest or little interest?

[@budgetfor5withstephanie]

@@lovelypookey782hi! Thank u for watching! most of these cards we've had a long time and before the interest rates shot up they offered promotions for 0 percent and we just moved the money around on them to take advantage of the 0 perc. Some cards like wells fargo and boa we got more recently but usually after we got something in the mail saying we qualified for a card w a 0 perc bal trans offer. You can use nerdwallet to help u find a 0 perc card if you're interested in one. It is getting harder to find w rates being the way they are.