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  1. #1
    Registered User nkotbjrkgirl's Avatar
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    Default almost debt free

    my husband had more than $1300 still in student loans that we were chipping away at but seemed to bet getting nowhere with them-esp when the economy tanked.

    well in late April(the day of the royal wedding in fact) my life insurance company through work cheesed me off for the last time and i cancelled my policy(i have life insurance elsewhere that is cheaper and 100x less of a headache)

    they paid me what i had coming to me(as far as what i had been putting in weekly from my check) anywho- it was enough to COMPLETELY 1000% pay off his student loans. we were totally thrilled! hubbys mood has changed completely.

    the only thing that stands in the way pf us being debt free is like maybe $900 in cc debt, but we are paying that down now. hopefully by the end of the year(fingers crossed)

  2. #2
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    Wonderful!!! Keep up the good work!!!
    Baby Step #1 Done!
    Baby Step #2 Beginnning debt balance 01/01/08 $78K /Paid in full on 08/06/10
    I'm debt freeeee............ GOD IS SO GOOD!!!
    Baby Step#3 Goal: One year emergency fund began saving Jan 2011 accumulated Aug 2011 YIPPEE!!! God is sooo good to me!!!
    Baby Step #4 Yep currently doing this.
    Baby Step #5 No kids so no need.
    Baby Step #6 Renter.. Working on putting 100% down on a house!!! Currently have 25% saved.
    Baby Step #7 Someday.......

  3. #3
    Registered User Palooka's Avatar
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    Congrats.

  4. #4
    Registered User Debbie-cat's Avatar
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    Woo hoo!! Congratulations.
    Dh Bob FIL
    DS (21) at Lakehead U - go Thunderwolves!


    www.ouroldhomestead.blogspot.com

    2012 Exercise Challenge - 5,358 min
    2012 Water Challenge - 7,330 oz
    May No Spend Days - 0 /20
    Wasted money - May total - $0
    2012 Change Jar - $ 37.20
    No Eat Out - 114 /365
    2012 Reading Challenge - 3 /12
    2012 Home Project - May - 4 totes 0 /4, organizing laundry room
    20 Wishes Challenge - 3/20
    12,400 /36,500 squats
    2012 Coupon Challenge - $416.06

  5. #5
    Registered User wheezie's Avatar
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    That's awesome!

  6. #6
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    Way to go.

  7. #7
    Registered User krbshappy71's Avatar
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    Great job applying that to debt instead of a new tv, clothes, etc. that takes some will power!! The rest of it will be gone in no time if you keep that attitude!
    LDR , 2 DD (one left the nest, one rarely home) More pets than money. More love than sense.

    "If you can't see the light at the end of the tunnel, march down there and light it yourself."

    Full-time job
    Car loan and personal loan
    Challenges for 2012:
    2012 Grocery Budget Reduction Challenge- $100 a month. (down from $150) Hm, might be too low.
    Electric Usage Challenge (doing well, under $70 most months)

    Yah, I suck at this money stuff, I know. That's why I'm here.

  8. #8
    Registered User MrMom's Avatar
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    Join in on the 11/11/11 project / goal with Mango and many others, trying hard to meet the debt free mark by that date ourselves...

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