Payed off another item- 2 left!
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  1. #1
    Registered User khaski's Avatar
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    Default Payed off another item- 2 left!

    Using part of our tax return I just payed off the last $3433.71 on hubby's business loan he used to buy his lathe. Frees up the $305 a month payment, paid off roughly 2 years early, not sure of exact end date had we just done minimums.

    $8k left- $2k cc, $6k LOC for business, then DEBT FREE except our mortgage, which is roughly $1500 a month. Have paid off about $19k in 8 months...WOW! Has been worth all the sacrifice of seeing big checks -gone- to debt repayment instead of used to eat out and buy more -stuff- (as I sometimes remind hubby, 'Yes, I know you're working your tail off and it feels like we have 'no money', but that's because we spent it before we made it (stupid tax)'!. WAY BETTER this way, can't wait to be done, done, DONE! Should be able to do so by end of year, if hubby's home business stays somewhat steady and OT at his 'real' job does same. Even if not, should make our original goal of all paid off by 3/12.

    YAY YAY YAY


    Kill the mortgage! Goal: 12/2023 Left to go: $143,239.43
    Extra paid: 2012- $4408.03 2013-$5396.21+ $400 extra towards escrow
    2014-$2066.45

  2. #2
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    Congratulations!

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    Registered User Sassyclass's Avatar
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    Holy cow! You are on a mission girl. Congrats on a terrific job.

    Cat

  4. #4
    Registered User Debbie-cat's Avatar
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    Wonderful!!! What an inspiration you are! Congrats!
    May No Spend Days - 14 /15
    2014 No Eat Out Days - 132 /365
    2014 May Gas Challenge - $105 / $80
    May Keep Fit - 580 min / 750 min

    2014 - 52 Week Saving Challenge - 3, 8, 9, 18, 21, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52

    Don't tell God how big your storm is...tell the storm how big your God is.

  5. #5
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    Awesome job!

  6. #6
    Registered User ruderring's Avatar
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    Nice work!!
    Becky
    _____________________________

  7. #7
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    Inspiring!

    I really like this:

    Has been worth all the sacrifice of seeing big checks -gone- to debt repayment instead of used to eat out and buy more -stuff- (as I sometimes remind hubby, 'Yes, I know you're working your tail off and it feels like we have 'no money', but that's because we spent it before we made it (stupid tax)'!.

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