As you can see on the top right of my blog, my debt is currently sitting at $28 255.12
Part of that is mortgage and the rest is the college LOC.
The LOC has gone up and down this year. I keep whittling away at it each month, but a couple times a year I have to add more to make tuition payments or cost of living payments. DS1 still isn't eligible for Canada Student Loans so for now, this will have to do. His scholarship covers some, but all the other pieces, certainly do add up. It definitely doesn't help that this is in US dollars and our Canadian dollar is taking a kicking when we need to convert.
DS2 isn't eligible either. He has received a few scholarships in smaller amounts, and the money he made last summer goes a lot farther when it stays in Canadian funds.
The final number below is indicative of only the mortgage. Adding in the current college LOC (and not counting January Semester 2 payments), if I added it all together it would put me back at somewhere between 2012 and 2013.
December 2009 - $70 771.99
December 2010 - $52 410.25 (down $18 361.74)
December 2011 - $40 055.29 (down $12 354.96)
December 2012 - $35 921.04 (down $4 134.25)
December 2013 - $25 925.49 (down $9 995.55)
December 2014 - $22 494.06 (down $3431.43)
December 2015 - $18 837.12 (down $3656.94)
DS2 has 6 months left of his program but whether there are any jobs in his field has yet to be determined. There was a massive freeze last year and that is still in place. A lot of the Sask jobs were taken by Alberta folk out of work and 'coming home'.
DS1 has 18 months left of a four year degree.
I feel like I made some progress but I definitely could have done more.
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