In this issue of The Payoff Challenge:
Community Debt Payoff Snapshot
Submit your debt payoff totals for this week!
Weekly Action: Audit Your Phone’s App Subscriptions
Money News: Treasury Yields are Rising
New Video! Great Cashback Debit Cards for Road Trips
My Home Payoff Update
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Hello, June!
And happy 3rd birthday to our good friends’ son, Cooper.
Alright, let’s get into this week’s debt payoff snapshot.
Community Debt Payoff Snapshot
Congrats to the everyone who paid off some debt this week! Let’s put this into a fun comparison.
We paid off a total of $400 last week! That’s what a helicopter tour costs in Columbus, Ohio. I mean, it sounds fun but that’s for only 20 minutes and is for only 3 people. Yikes.
$200 was the average paid off, which is like a crazy nice date night. I don’t think we’ve ever spent that much on a date night. We’re kinda fast-casual food kind of people. And ice cream. Always ice cream.
$200 is also the equivalent of 54 gallons of chocolate milk.
Numbers only move if people act—which brings us to this week’s check-in!
Weekly Check In!
How Much Did You Pay Off This Week?
⏱ Takes under 60 seconds. Any amount. Any debt.
This isn’t about how big the number is—it’s about progress. If you haven’t made a payment yet, consider this your nudge to go make one right now. Missed a week? Just submit the total since your last entry.
Submissions will be included in future week’s Snapshots!
Caleb’s Actionable Strategy
Audit Your Phone’s Paid Apps
This is inevitably going to save someone some money.
Action: This week, check your subscriptions in your App Store then delete whatever you don’t use or don’t need (be honest).
Seriously, people sign up for free trials and straight up forget they pay that subscription every month. Just cancel it! You may be surprised by how much money you could save in June.
Member Spotlight
I Want To Celebrate Your Wins!
But I can’t do that if you don’t tell me about it. So fill out this short form about the debt you’ve paid off and your current wins!
Any amount of debt payoff is worth celebrating here in the member spotlight.
Personal Financial News
Treasury Yields Mean Housing Uncertainty
Treasury notes just got a bump to 4.6% for a 10-year note. Which is great if you are investing in treasuries! Not great if you are looking to buy a house since mortgage rates are connected to treasury yields.
Your take-away: Don’t make rash financial decisions because of uncertainty in the market. If you’re looking for a house, be patient.
Patience is going to pay off, especially if it means avoiding the purchase of a home that is too pricy for your budget. Yes, it may mean a slightly more expensive house in the long term. But it doesn’t mean you can’t refinance in the future. Read more here.
New video! If you’re taking a road trip this summer, consider these cashback debit cards that each have a focus on cashback at gas stations.
Caleb’s Challenge Update
Progress We Made Towards Our Payoff
Goal: Pay off our remaining mortgage ($70k) by our 10-year anniversary on June 17, 2027.
381 days left
Mortgage Balance on January 1st, 2026: $70,000
Current Mortgage Balance: $61,810.90 (▼$200 since last week)
Balance paid off since start of challenge: $8189.10
Source: Paycheck, savings, interest, Etsy poster sales, selling scrap metal, bicycle, TV cabinet
*This includes monthly principal payments as well as additional payments.
Current Mortgage Balance
Sub $62k! Good news is, we just finished saving for a vacation we’ve been planning for a couple years. So a bit more expendable income should be able to go to payoff soon!
Refer a friend and receive my quick-start guide for saving money TODAY on your existing expenses.
That’s it for this week! I already can’t wait for next couple week’s editions as we start getting numbers to include. If you have any feedback, respond to this email or drop me a line at [email protected].
Till next week!
Caleb
