I payed off two credit credit cards recently and consolidated other debts. I celebrated with greasy chicken wings and beer The dip in the graph was from moving and Christmas expenses. The majority of the debt are student loans which I’ve actually deferred until next year since there is no penalty or negative impact on your credit report. That allows me to pay higher interest debt off first and the chance to make interest free payments on my student loans which is VERY nice. All that matters is that I finally don’t feel over my head anymore and can see the light at the end of the tunnel!