In January of this year I decided to really focus in on the elimination of debt. Since all debt is not equal I created tiers for my debt:

  1. Tier 1 – Consumer debt – the shittiest of all debts. Some of this is rolled in debt at a low interest rate, but it is for purchased, mostly consumer, items.
  2. Tier 2 – Includes 3 long term debt items that aren’t dire but should be taken care of eventually. They include the debt on my solar panels, debt associated with my boat and debt on my permanent life insurance policies.
  3. Tier 3 – Not on my radar just yet but these are mortgage obligations.

I am so frustrated right now! In March I was at 82% of my January Debt Amount, and since then I have ticked up almost every month thereafter – 82%, 83%, 83%, 85% and now 87%. This is bullshit.

Before my next update I am going to take some drastic measures to attack this debt.

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