I used to be in the habit of giving debt updates near the middle of each month. I dropped out of that habit awhile ago, but would like to start doing so again.

I debated whether to give my debt update for December, or whether to start with January. Ultimately, I decided to provide a December update, even though it's not necessarily a good one, because I already know that January will show much improvement.

Also, I'm changing the format to a screenshot of my net worth spreadsheet, rather than the table I used previously, for simplicity's sake. And here it is:

Okay, as you can see, percentage-wise my credit card debt increased significantly, primarily for two reasons:

• In early December, I had about $685 worth of work done to my car, which I put on a card. I have since paid it off completely.
• Christmas gifts all went on cards as well, to maximize rewards/cash back. I have or soon will pay all of this off.

As I mentioned the other day, I paid off a huge amount of debt. The credit card amount represented in the table above include total debt minus amounts set aside to pay it off.

So as not to make them feel excluded, I'll make some honorable mentions about my mortgage, car and student loans. Basically, I pay the same amount each month for each of these, and they go down by about the same percentage each month. My student loan is at 0%, hence the extremely small reduction each month. My mortgage is currently at 5% fixed APR for another 21 months, and my car loan is 7.99%.