Wall of Payment Goals
We started an online sign up form for you to use to declare your goal to beat debt. In addition, your goal can be displayed on this website in order to help solidify your commitment to beating debt and to solicit encouragement from others. This will be a great resource to help keep track of your goal to beat debt by publicly declaring your commitment.
This is a Lap 3 and Lap 5 tool for your use.
Please use the following link to make a payment goal.
Payment Goals
| Name | State | Payment Type | Orig Amount | Current Amount | Extra Payment Goal |
| Kristine | TN | Home Equity Loan | $70,000.00 | $70,000.00 | $100.00 |
| S | WA | Credit Card | $950.00 | $950.00 | $100.00 |
| Landgraf | NC | Credit Card | $2,300.00 | $2,100.00 | $200.00 |
| Ryan | NJ | Credit Card | $1,657.00 | $1,657.00 | $120.00 |
| 444 | MD | Credit Card | $42,632.00 | $40,701.00 | $200.00 |
To update your goal below, please click here.
Definitions:
BDO believes you should focus your efforts on one debt at a time. The users above are committed to paying down their debts and are publically committing by displaying their debt payment goals. Once you are finished with this debt, BDO believes you should roll the entire amount onto the next debt on your priority list.
Payment Type: The type of debt you are currently focused on.
Extra Payment Goal: How much extra you are willing to commit to paying that current debt off.
A Kid's Guide to Managing Money (Ready-Set-Grow Series)
I have 3 mortgages = $70,000. One of them will hopefully be paid off in 7 years and the others in less than 15, about the time I retire. No credit card debt, thank goodness.
You’re making the right choice by making the extra payment. Keep with it; it’ll pay itself off in more ways than you can imagine in the future!
Keep at it. Slow and steady may not win the race, but you will finish the marathon and that is what these goals are all about.
Congrats Landgraf on decreasing your debt. Keep going!!
We have over $16k in debt not including our $120k mortgage.
I’m not sure I understood what the “extra payment goal” was so disregard it. I thought it was $ per month devoted to paying down debt. (??) The amount of debt is accurate, though. I hope to update that within a week or two.
I just found this website – and I wish everyone speedy and prosperous debt-freedom. Aside from a single financial advantage (I trade off labor for home payment), my wife and I will be celebrating 1 year of being debt-free!
Regardless of the math, the debt-snowball really helped us…paying off the small balances for quick wins and rolling it into to bigger stuff.
Keep going…we’re not wealthy, but we are free from that burden!