Baby step one done, working on snowballing.
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  1. #1
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    Smile Baby step one done, working on snowballing.

    I just completed funding my baby emergency fund and paid off the first credit card today! It feels so great to be getting out of debt. I look forward to each paycheck just so I can see my debt shrinking.

  2. #2
    Moderator Ceashels's Avatar
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    Nicely done! Congratulations on having a plan and making it work.
    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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    Registered User Nadders11's Avatar
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    Great job. 22 months will fly by. Infact I bet you'll be done in less, just stay focused on your goal. You'll attract success.

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    Sweet!
    Use something to visualize your progress. I've heard so many great ideas on these forums to do that, and it helps you to keep a high level of motivation - especially when you get to knocking out the bigger debts which may take a bit longer.

    I also agree with Nadders, if you keep working on growing you snowball, there's a very, very, good chance you'll be hitting debt-freedom earlier.
    Start date: May 20th, 2009
    Babystep 1: Emergency fund - done; 1000 EUR
    Babystep 2: Debt snowball - done; 23300 EUR (Paid off, Apr 2011).
    Babystep 3: Fully funded emergency fund - done; 18000/18000

    Disclaimer: Male hormones are at work in close proximity to this key board. Therefore, please bear with me and if push comes to shove, please do blame anything stupid said on male 'logic'.

  5. #5
    Registered User nodmicks's Avatar
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    Great job!!!

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