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Thread: Chopping down the big debt.....
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03-21-2008, 10:35 AM #1
Chopping down the big debt.....
Like my previous post said recently I sent our last c.c $5,200. We are in the process of refinancing our mortgage. The bank that has our mortgage wants to raise it $140 a month as of April 1. So we called Chase who had our mortgage when we lived in Georgia and they are refinancing us at $50 less a month then we are paying now so technically thats a savings of $190. Anyway, so this month I am taking what I usually send to the mortgage and adding it to our normal payment to the c.c.. It will be $1,700 and send it to the c.c Then in May when we get the "Stimulus check" which will be $1,200 or so we will send that to the c.c. So in 3 months time we will have been able to send the c.c $8,200. Almost done!!!!
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03-21-2008, 11:07 AM #2Registered User
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Great job!!!!!!
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03-21-2008, 11:23 AM #3
I wish we were getting a rebate check ;(
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03-21-2008, 11:36 AM #4
Great job!!! It definitely sounds like you are chipping away at your debt...way to go!!!
"Life is what happens while you are busy making other plans." John Lennon
"Infinite goodness has wide arms." Dante
Change & Penny Challenges:
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Grocery $400 per month: $0/$400 March
Running Total (updated monthly): $751.73
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$100.36/$3,000 to replenish BEF
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03-21-2008, 01:01 PM #5
Sounds like a plan!!!
Bethany
Mortgage: 220,000
GOALS:
~Make weekly deposits (no matter how small) to savings account in order to get into the habit of saving.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
As of 2-12-12........
CC 12,000
Paying down agressively!
No other debt!
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03-21-2008, 01:02 PM #6Registered User
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Great plan
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03-21-2008, 01:06 PM #7
You are doing great!!!
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03-21-2008, 01:28 PM #8
WTG! Thats alot of money you'll have paid in three months. Yea!
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03-21-2008, 01:56 PM #9
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03-21-2008, 03:27 PM #10
Sounds like a great plan! Way to go at getting your debt knocked out!
~*Michelle*~
~Wife to Rick since Dec. 19, 1986~
~Mother to Richard, 23, Chris, 21, and Dakota, 17~~Mother-in-law to Amber, wife of Richard~~Elementary Teacher~
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03-21-2008, 05:43 PM #11
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03-21-2008, 07:16 PM #12
That's fantastic!!!
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03-21-2008, 07:19 PM #13
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03-21-2008, 07:29 PM #14Registered User
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03-22-2008, 01:54 PM #15
That is just wonderful!
I am so happy for you and your family.The math never lies, budget in INK!
Amount of Free items 2012 $391.33

Debt #2 12/31/12 CC $901.88
Debt #3 12/31/12 $3648.83
Madness, mayhem chaos...my work here is done!
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