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  1. 02-03-2012, 10:26 AM #1
    core21
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    Default Almost out of debt!

    My wife and I have been following Dave Ramsey's baby steps since the beginning of last year. We were on track to pay off our debts by the end of this year. Now with a larger than expected tax refund, we are going to be able to pay it off THIS MONTH, as soon as the refund comes in. I have already got the state refund and am waiting for the federal. It is almost exactly enough to pay off my remaining debt and a shortage in my escrow account. This will free up $400 a month in debt payments!! Now I can quickly add to the emergency fund and get on with the rest of the steps!! Just wanted to share this with everyone. If you are thinking of starting a debt reduction plan or are currently in one, don't give up! It works and you will feel great afterwards! I also have 2 kids, one of which was born last year during our following the steps and I make 30K a year. IT CAN BE DONE! You just have to be diligent.
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  2. 02-03-2012, 11:45 AM #2
    MissouriAngel
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    That's great news and gives me faith that we can do it as well. Great job!
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  3. 02-03-2012, 11:49 AM #3
    Russ
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    Wow, What a great first post! Congratulations and WELCOME to Frugal Village!
    Russ

    Truck payments: 10 9 8 7 6 5 4 3 2 1 WAHOO!
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  4. 02-03-2012, 06:00 PM #4
    frugalfranny
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    Congrats and keep at it.

    You are right.........diligent........with no slips!
    Travel light. The baggage of the past can only hold you back.

    January Book List
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  5. 02-03-2012, 10:16 PM #5
    Palooka
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    Congrats and welcome the FV.
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  6. 02-04-2012, 09:22 AM #6
    banana
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    Congratulations, it's a great feeling!

    married to my honey
    mommy to one handsome teenager
    mommy to 2 furbabies

    no consumer debt, zero, zip nada

    mortgage - 56,140.96 pay off date 11/2017
    car fund 5,000
    heating unit 0
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  7. 02-04-2012, 10:45 AM #7
    Ponderer
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    Quote Originally Posted by frugalfranny View Post
    Congrats and keep at it.

    You are right.........diligent........with no slips!
    And if you do slip, as many do from just being human....get right back into it. A slip up is no excuse to stop...DON'T GIVE UP!

    core21...Congrats!!
    Right is right even if no one else is doing it. Wrong is wrong even if everyone else is doing it.

    IF IT IS TO BE.....IT IS UP TO ME
    The 12/12/12 project!
    $12,548.54 of $24,202.77 PAID since 11/11/11! 48% to go!!!

    Kitty mommy to:
    JC
    Jack
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  8. 02-16-2012, 10:04 AM #8
    core21
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    Just learned that my federal refund has been delayed and the new expected date is the 28th. Boo!
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  9. 02-16-2012, 11:19 AM #9
    Ceashels
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    awe... sorry to hear about the delay but congratulations on getting all this done!
    The Free Spirit Saver who walks the path with Greebo.

    Onboard with a modified Dave Ramsey Plan
    Budget: "Every month! On paper, on purpose!"


    Gardening somewhere between Zone 6b and 7a.
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  10. 02-16-2012, 04:30 PM #10
    nodmicks
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    Way to go!!!
    ~July 19 saving goal for event $104/$1000
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  11. 02-16-2012, 04:52 PM #11
    calimomx2
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    That's fantastic!!! Congrats!
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  12. 02-17-2012, 01:06 PM #12
    larabelle
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    Congrats and welcome!!! Yes it can be done!!!
    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.......
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  13. 02-20-2012, 10:52 PM #13
    Sophiasmama
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    Woo Hoo WTG!!!!!!!
    On Baby Step # 6
    Principal amount oweing $74,408

    Living like no one else,so later we can live like no one else.
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  14. 02-21-2012, 01:04 PM #14
    ConnieD
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    Way to go! That is awesome!

    There's nothing quite like the feeling of being completely debt free! It can be a long road, but totally worth the sacrifices!
    Connie


    Wife to DH (6/7/1986)
    Mom to:
    DD 23
    DS 15

    Following the Dave Ramsey plan since Dec 2004 and have been debtfree but the mortgage since Apr 2006

    Now MORTGAGE FREE as of March 2011
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  15. 02-24-2012, 11:29 AM #15
    core21
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    I actually got the federal refund yesterday and made the payoffs on my loans! Waiting for it to process and show up as ZERO!
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