Debt Free by 30 Progress – May 2017

Here is our debt free by 30 progress for May 2017!

Some bloggers have income reports, I have my debt report 🙂

Debt free by 30 progress – May 2017

debt free by 30 progress may 2017

As of May 1, 2017, we are $50,391.86 in debt – a $1,213.33 decrease from April 2017!

We’ve made a small dent in our debt free by 30 progress in this first month. It’s not exactly where we need to be, but it’s a great start I think.

Debt free by 30 progress – May 2017 breakdown

Here is our breakdown of our debt for May:

debt free by 30 progress may 2017

Per the chart above, our debt breakdown as of May 1, 2017 is as follows:

  • Car loan – $6,871.30 (down from $7,233.56 last month)
  • Credit cards – $20,390.82 (down from $21,055.37 last month)
  • Student loans – $23,129.74 (down from $23,316.26 last month)


Here’s a breakdown of our debts on an account level:

debt free by 30 progress may 2017

Debt free by 30 progress – May 2017 updates and notes

  • Juan received his yearly bonus last month, so we put that to good use (see next bullet point)!
  • We’ve completely eliminated Credit Card #1 last month! This is great because last month I predicted that we could only throw an extra $200 to our avalanche. Instead, we made it work and we’ve paid off the $500+ balance on CC#1! Woo hoo – bye Felicia 27.99%!
  • As far as side income goes, we haven’t really started quite yet. However, this month we are planning on selling a bunch of our clothes and other items around the house online. Probably on eBay, but if you’ve got a suggestion on where we could sell that you find is better than eBay  – let me know in the comments!

All in all – so far, so good. Paying off Credit Card #1 entirely was a great motivation boost! Also, I know exactly what we need to work on (cough SIDE INCOME cough).

Let’s do this!



  1. Athena May 9, 2017

    Great job paying off that debt friend!

  2. Awesome progress, Lisa! I love the spreadsheet as well : )
    DC @ Young Adult Money recently posted…15 Ways You Can Make Money From Your Computer Right NowMy Profile

    • Lisa E. May 6, 2017

      Thanks DC! You know I love me some spreadsheets, too haha

  3. John Higgins May 6, 2017

    Thanks for putting your progression up like this – I always find these types of post super interesting :))

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