Results 1 to 7 of 7
Thread: Payed off another item- 2 left!
03-18-2011, 11:32 AM #1
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: $141946.74 Extra paid: 2012- $4408.03 2013-$5396.21+ $400 extra towards escrow
- 03-18-2011, 04:09 PM #2
03-22-2011, 12:53 PM #3
- Rep Power
Holy cow! You are on a mission girl. Congrats on a terrific job.
03-22-2011, 04:04 PM #4
- Join Date
- Dec 2008
- British Columbia
- Post Thanks / WTG / Hug
- Blog Entries
- Rep Power
Wonderful!!! What an inspiration you are! Congrats!Sept No Spend Days - 7 /20
2014 No Eat Out Days - 224 /365
2014 Sept Gas Challenge - $68.50 / $120
Sept Keep Fit - 825 min / 900 min
Don't tell God how big your storm is...tell the storm how big your God is.
03-22-2011, 11:22 PM #5
03-23-2011, 08:28 AM #6
03-23-2011, 09:02 AM #7
- Rep Power
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)'!.I saved 100% by buying nothing. Best sale of the year.
By baxjul in forum Debt Reduction & Money ManagementReplies: 19Last Post: 06-22-2008, 12:10 AM
By Canongirl in forum Frugal LivingReplies: 24Last Post: 01-25-2007, 01:55 PM
By crdurham in forum Supplemental Income, Small BusinessReplies: 13Last Post: 01-11-2006, 07:54 PM
By cheapgeek in forum Kitchen BasicsReplies: 11Last Post: 08-18-2005, 01:30 PM
By crdurham in forum CouponsReplies: 0Last Post: 04-28-2005, 09:49 PM
Tags for this Thread