Everyday I am getting closer to calling DR

**Janbee** · 07-31-2011, 10:33 PM

I started with Dave January 1st 2008 I have paid $53,279.68 in debt since I started FP I have paid it slow and steady. I was intending to pay this off faster but my job is no longer local and I am now required to drive 182 miles a day to get to my job so my gas cost went way up.
Here is the update where I am now I have paid $20,384.17 in Credit card debt.
I have paid $23,399.00 on my car which will pay off Dec 2012 When it pays off I am going to have it worked on so it will last several years more.
Paid off Macy's July - 2008
Paid off Household Credit- July 2010
Paid off JC Pennys November 2010
Dropped Sams Aug payment in a mailbox today
Kohls will pay off Sept 2011
HSC will pay off Oct 2011
Target will pay off in Nov 2011
Discover will pay off in Dec 2011
Sears will pay off in Jan 2012
Lowes will pay off in Feb 2012
Best buys will pay off in March 2012
BOFA will pay off in July 2012
I have paid $9,496.51 on my ARM which will pay off April 2013
This is with nothing more than my regular payment amount. If I can get any extra payments made it will be sooner that I will be debt free.
With this schedule I will owe nothing but my house by July 2012 and I will owe no one as of April 2013
I just had to share that with someone and Thanks for taking the time to read it.

**OOwl** · 07-31-2011, 10:39 PM

That's fabulous. So proud of you! I was shy and didn't call but I love to hear the people that call in. I love that sound of joy. I'll be looking forward to hearing you call in to the show. I listen almost every day. Like most DR fans, Fridays are my favorite.

**Debbie-cat** · 07-31-2011, 10:40 PM

That is wonderful Janbee!!!! You are truly an inspiration.

**Janbee** · 07-31-2011, 10:49 PM

Originally Posted by OOwl

That's fabulous. So proud of you! I was shy and didn't call but I love to hear the people that call in. I love that sound of joy. I'll be looking forward to hearing you call in to the show. I listen almost every day. Like most DR fans, Fridays are my favorite.

I don't know that I will have the nerve to call in but believe me I will be telling y'all about it.

**Palooka** · 07-31-2011, 11:07 PM

That's wonderful! I definitely plan to call.

**Frugal Sooner** · 08-01-2011, 04:18 PM

That's awesome. It's amazing what we can do when we don't convince ourself it can't be done.

**frugalfriend** · 08-03-2011, 12:21 AM

WOW, you're doing fantastic! It's gonna feel great to be debt freeeeeeee!

Don't forget to let us know when so we can celebrate with you!

**sinopa27** · 08-03-2011, 01:09 AM

when you are ready to call, let us know so we can tune in and listen!! I used DR to get out of a lot of debt. Still have some and I can't wait to make that call!!
I am happy for you!!!! You will be debt free soon!! yay!!!!

**khaski** · 08-03-2011, 05:28 AM

Way to go! You didn't use a bad economy as an excuse, you got going on changing that family tree. Please keep us updated on your progress, you haven't far to go! I'll be debt free except the house in a few months, I plan to email Dave, since he was my inspiration.

**Janbee** · 11-19-2011, 06:41 PM

Time for an update I have paid 20,240.15 in credit card debt.
I just paid Sears off today.
I still owe 3,184.962 on total CC Debt
I have paid 10,168.67 on my ARM still owe 7,331.33
I have paid 25,275.00 on my car only 274.00 left it will payoff the end of this month.
YEA!!

**Ponderer** · 11-19-2011, 07:38 PM

Jan...You are killing it!!! Wow.....awesome. Thank you for sharing and giving those of us at the beginning such a great example to use. Congrats to you. :-)

**Janbee** · 11-21-2011, 10:07 PM

Wow I got an extra $180.00 today so I am going to go ahead and pay off Discover Card.

**Janbee** · 12-10-2011, 10:36 AM

Well my car is paid off now!!!!!!!
So I am down to Lowes, Best Buy and Bank of America.
I was driving to my job since it has moved and will be for a while longer but not only does it add to my fuel cost it is 3 hours a day on the road just to get to and from work.
I am going to sell my house here and buy something there. I leave in the dark and get home in the dark and I have no time at home really.

**Sumacaroni** · 12-10-2011, 10:51 AM

Your plan is really coming together nicely! Great work! Keep it up.

**Janbee** · 12-10-2011, 11:45 AM

Though I am not there yet I want you all who are just starting to know that you can do this no matter how small you start.
My minimum monthly payment was $440.00 a month on my bills every once in a while I would get a little extra and pay on it but on the whole I just kept paying that $440 till one paid off then I would roll it into the next payment.
Here are the amounts I still owed as of Feb 2010 I had not got that far and had not paid off anything but a little Macy's bill so the snow ball for those first two years was only $10.00 HCS $427.12 9.0% $18.00 JCPENNEY $439.25 10.0% $20.00 KOHL $541.23 10.0% $29.00 SAMS $545.42 19.9% $25.00 DISCOVER $539.80 10.0% $18.00 SEARS $738.17 10.0% $30.00 GE CAPITAL LOWES $995.62 16.0% $39.00 RETAILERS $1,067.50 8.0% $44.00 BEST BUY $1,222.28 10.0% $43.00 Bank Of America $5,334.33 10.0%
$164.00

After HSC Paid off I added $18.00 to the Snowball so that was $28.00 in my snowball and as I paid off another my snowball grew but I still never paid more than $440.00 a month.
I also pay $19.00 a month extra on my house payment it is an ARM and at one point the interest went up and so did my payment then the interest went back down but I kept paying the same amount.

I got a little more gazelle last month and paid off Sears I really should have paid off Discover first but I got a burr in my bonnet and sent sear a check for $159.00.
Paid off Discover this month I also had to pay $66.00 extra on the car in order to have it payoff in November.
The amount owed to them are getting small enough that I can get them paid off so quickly.
Lowes Is now $300.00 Snowball on Lowes next payment $226.00
Best Buys is $359.60 paying $50.00 (I like to get things even so that I am paying the interest plus the payment so I will be paying $59.60)
Bank of America $1925.06 Paying $164.00
Still with same the $440.00 (except for the extra $9.60 on Best Buy)