Whoopee the money from the timeshare came through - I can't believe it so I have paid some more towards my debt:
Starting Debt on the 12 July 2006:
Home Remodeling: $345 PAID
CC1: $715 : Now $714
Timeshare Levy: $730; PAID
Bank Overdraft: $929; $754
Loan from Dad: $857: Now $643
Swimming Pool Renovation: $1429; Now $1429
Private School Fees: $1219; Now $899
Car Loan: $11073; Now $10 478
Bank Overdraft 2: $7000; Now $6857
CC2: $13716; Now $13100
CC3: $15918; Now $15714
HEL: $57143; $56 643
First Mortgage: $114286; Now $113714
TOTAL DEBT: $225360; Now $220 945
Paid: $4 415 since the 12 July 2006
Decided to track the total amount I have paid off - think it will be more motivating that way but I am going keep a running tally under my bio.
Jeez this is going to take ages 
But every step of progress needs to be celebrated I guess.
I am really feeling depressed at the moment don't know if I am going to make sales target so I had to keep some of the timeshare proceeds back for month end expenses.
I so badly wanted to make a huge dent in my debt ...
Updated Debt Balances
August 23rd, 2006 at 08:14 pm
August 23rd, 2006 at 09:44 pm 1156369476
You say it's going to take ages. Well, yes and no. My experience is that once I got into the habit of a workable budget, the process of debt payment becomes routinized. I stopped obsessing about how slowly the balances seemed to fall and got on with my life.
As one account was paid off, I snowballed that payment into the next on the list. It added up faster than I would have imagined, especially when I also tossed in the "found money" that came my way. In the last year I've been making really major strides, and I bet it will work much the same way for you.
Anyway, congratulations and good luck.
August 24th, 2006 at 01:52 am 1156384335
August 24th, 2006 at 11:43 am 1156419791