Closing in on these final months of our year long Operation Debt Reduction, we feel the need to set a dollar amount goal for our debt payoff from July 1, 2011 to July 1, 2012. Initially, we didn’t want to give a specific number so we wouldn’t feel defeated if we were nowhere near reaching it. Last summer, when Brad and I set about this challenge to change our spending behavior in an effort to pay down our debts, we honestly had no idea what we were even capable of saving on a monthly basis or paying towards debt. We were newbies to the world of saving. However, we feel now that we can aim for a set number knowing how much time is left in our spending lockdown. Having already paid down nearly $20,000 in just over 9 months, we believe we are capable of paying off $25,000 by July 1. What an achievement it would be to say we paid off $25,000 in 1 year just by changing our spending habits. So there it is, our goal is set.