In Mar 12, I had recalculated my total debt which is totally from the mortgage loan of my flat to be $11K. The calculation is based on using the outstanding housing loan amount minus away my total family CPF OA amount.
Today I have recalculated my total debt again, and it has reduced by another $3k. In my post on "What I hope to achieve in 20 years?", I mentioned that I wanted to reduce my total debt to $0 within the next five years, Based on my conservative estimation, I think it is achievable before the end of this year.
1 comment:
End of the year is just 6 months away. Congrats on your debt reduction!! it takes great determination and consistency to work on the debt. :-)
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