DS within a DS

Yesterday I found out that instead of applying my last "big" payment to the smallest of my student loans, it took the payment and split it up amongst all four of the smaller ones that encompass what is my Sallie Mae loan. Which is all fine and good, except for that payment could have almost completely eliminated one of the smaller (and higher interest) ones.

So I did some calling. Turns out that if I split all of my loans into seperate billing groups, I can pick which one I want my extra payments to go to each month, while the others will just get my auto debit minimum payment.

Now I have a debt snowball WITHIN a debt snowball. Its gonna be HUGE!

I'm actually quite excited because I was worried that I would start to lose motiviation if I didn't progress as quickly. I mean, this loan is three times as big as my biggest credit card. It was just a loooong straight haul. Now I feel like its more manageable, and I'll be able to see definate progress over the next few months. I like small steps...it makes me feel like I've accomplished something. :-)