Hello and welcome to June!

On one hand, I’m having trouble wrapping my head around the fact that we’re already this deep into 2015. On the other hand, I’m pleased with the progress I’ve made already in my debt payoff this year.

The most important tangible personal finance step I took in May was submitting an application to refinance my high-interest rate student loans with SoFi. If the application goes through, I would cut my interest rate in half, so I’m really hoping it works out.

My fiancée and I spent less time researching and planning our forthcoming wedding and marriage in May than we did in April. After a strong start, we started to feel overwhelmed, so that’s something we’ll have to work harder on in June.

Let’s look at the numbers.

# Net worth update

Here’s what happened to my balances in June:

The big number here is my current net worth of -$20,500. After starting out the year with a very negative net worth of -$47,300, I set what I thought was a VERY ambitious goal — to get to a positive net worth by the end of 2015. I’m proud to say that we’re only five months done with the year, and I’m already at 57% of reaching that goal.

And while I understand that the remainder of my goal — paying off tens of thousands in debt — by the end of the year will definitely be challenging, being more than halfway to my goal with seven months left to chip away is a great confidence boost.

# On being aggressively boring

Here’s a colorful chart!

In 2014, my strategy was to think all month about cutting corners and then send whatever I had left at the end to pay off debt. It made for an exciting year! There were months where I paid off over $3,500 and months where I paid off next to nothing.

By contrast, look at this boring graph and try your best not to fall asleep:

My strategy for 2015 is being aggresively boring.

First, I set a very aggressive goal at the beginning of the year. Then, I make a big, aggressive payment at the beginning of each month. So instead of scrimping and sending *what’s left* to debt, I instead make a huge payment *first* and figure out how to live off the remainder.

So far, it’s working.

**How was your May 2015?**