what had happened was…
When I checked my credit this weekend, I found out that I’m in less debt than I thought.
Over fifteen hundred dollars less debt! I’m so simultaneously happy and embarrassed.
Happy because now, I know that I have fifteen hundred dollars less to pay on my car note before my car is paid off and I own it outright - title in hand.
Embarrassed because I can’t even remember what janky math it was that I used to get the outstanding car loan amount wrong in the first place. Something about the monthly payment amount times the total number of payments over the life of the loan minus the combined amount of payments already made, bla bla bla, I dunno what happened, but I messed it up. I’m a lawyer, not an engineer.
But at least now, I realize that I own more of my car than I thought I did. This makes me feel a little less guilty about the debt that I’ve gotten myself into. I’ve noticed that every month lately I’ve been so busy putting money away that I haven’t been making my debt total go down by very much at all. This correction is psychologically good for me. I’m actually in the same amount of debt I was in before I realized my mistake, but it looks like I’m in less debt, so I feel better anyway. …Um, despite the mistake.
Word to the wise ants out there: Double check your math.
