General Goals 1) to be debt free in 3.5 years 2) save lots of money

Friday, December 2, 2011

November OSAP and LoC Update

Since November has come and gone it's time to update my progress on my OSAP. I mentioned a while back that I over paid my LoC so that extra amount will be included in this total as well.

October's balance on OSAP: $7,712.67

November 9~ $165.59
November 9~ $19.17
November 18~ $84.33
November 25~ $550.00

Amount paid after interested added: $819.09-33.58= $785.21
Daily interest for the month of October: $1.10
Total  monthly interest: $ 33.58

% interest is calculated at: 5.5%

New OSAP balance: $6,921.75

Regular payment to LoC $250
Monthly Interest: $90.26
Amount after interest taken off and extra payment:
 $250- 90.26+250=409.74

Current $15,000 extra fund stands at: 

I am really happy with my OSAP number I was hoping to get it under 7,000 this past month even with interest added and I did. 
Time to up date the side bars!


  1. Doesn't it feel great to update the sidebars? I haven't done that for a while as it's a pain to do but it does help psychologically to keep me motivated.

  2. This is really awesome. I love to see your progress every month and the OSAP actually surprised me. It's so much lower now.

    Keep up the good work.