$13,344 total between my husband and I.
I'll be bold and lay it all out there for everyone.
But mostly because I'm so gosh darn proud of how quickly we are reducing our debt.
It's on only two cards (unless I also count my car loan, but you asked for credit card debt, so....that's what I counted)One card is: $4,682.55 and a fixed rate of 2.9%.
This was $12,000 in July 2005 because it was an advance from my credit card for the sole purpose of buying our mobile home.
(Plus $350 for a set of new tires for my van).
I guess it can be seen as our 'mortgage' at a really low APR.
Not too many people can say they owe less than $5000 on their home and only pay 2.9% interest!!! No one I know, anyway.2nd card is: $8,652 just transferred from a 0% for 6 months card to 3.9% for 9 months.
This is my husband's debt.
He was irresponsible in his first marriage financially and otherwise.
He had debt collectors chasing him for purchases he and his ex-wife made and never paid for.
I paid most of them with this card.
It was ~ $11,000 last summer.
So, we've obviously made some progress.
Then I have a car loan.
I bought my van in WI to move to AK with my pets, since my Saturn had died.
The loan was originally $18,999 opened in April 2004.
I am almost always a month to three months ahead on my payments which are $272.63 a month.
I currently owe $9,157.77
That means our entire household debt is $22,501.77.
Individually, that means we each owe $11,250.885
That includes our car loan and our 'mortgage'. I heard something on TV saying the average American owes $7,000, but I believe that was only on credit card debt, not including car loans or mortgages.
So, my numbers show that over a period of ~ 2 years, we have paid off $19,856.68
I guess I never figured out what I've already paid.
Our take home pay last year was $28,000.
Our take home pay the past two years was a total of $56,400.
Which means, we used 35% of our income toward reducing our debt over two years.
Oh, and those two years were my first two years as a mother.