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Thread: Debt free again! YAY!
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02-02-2008, 09:36 PM #1Registered User
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Debt free again! YAY!
I finally made the last payment on the debt we had for $591. We had in total after re-calculating around $3500 and we paid it off with income tax and DH's paycheck from Thursday and we still have money left over...
What a burden lifted off my shoulders... as most of you know I am not one for debt, I despise it so I was always cranky and moody because I had debt...
I am now the cheerful Tracy (FrugalMomof3) again, gosh it feels sooooo good.
Anyone else become debt free this new year?
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02-02-2008, 11:37 PM #2Registered User
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Wow! That's fantastic. I can't wait to be at the point you are. Great job!
How much we enjoy what we have is more important than how much we have. Life is full of people who have more than they know what to do with, but cannot be content. It is the capacity to enjoy life that brings contentment.---Unknown
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02-02-2008, 11:44 PM #3Registered User
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WTG! Good for you! We paid off the last of our non mortgage debt at the end of 2007 and it really does feel good!!!
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02-03-2008, 12:10 AM #4Registered User
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Way toGo!!
Katy
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02-03-2008, 03:03 AM #5Registered User
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Congratulations. I cant wait to be where you are.
The problem with a living sacrifice is, it always trys to crawl off the alter.- Chuck Swindoll
debt 59,076.95/148,000 first mortgage 407131.74/ 515,000 2nd mtg,creative fin.-rental houses fix up 342035.13.pfcu-16,000,FCU-10,AMX-4925.71-0%, Chase Freedom $1500.00 Chase, 2500.00 35315.72+30-70315.72 13,129.28 /22,000 land payment
29199.33 / 38,000 land pmt $42,328.61
balance owed 705,000.00/493756.41 30000 or less- final fix up for rentals 40315.72- total high interest debt pay down
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02-03-2008, 07:55 AM #6Registered User
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I am right there with you. We are debt free also. I had so many medical bills from both of my sons. We finally paid off the last $1000 and plus our retirement loan $5000. My husband uses our CC for business expenses but his work pays him back every month. We had put a few things on there too (sneakers, cruise, etc) so that is at a $0 right now. We are going on a cruise in May, so we have paid half of that off and already have the other half saved up. I'm just so glad we have our reg monthly bills (phone, dish,internet,water,sewer, elec&gas and mortgage to pay) That still seems like alot though.
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02-03-2008, 07:58 AM #7Registered User
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Congratulations!!!! The only good thing about having debt is the feeling you have when you pay it off! lol We won't be debt free this year, but almost. Glad to see someone is!
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02-03-2008, 08:00 AM #8Registered User
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Wow, that's awesome!! I wish I could say the same, but we still have three years or so to go before our last loan is paid off.
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02-03-2008, 08:48 AM #9Registered User
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WTG, It feels sooooooooo great!!!
Congratulations!!Bridge
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02-03-2008, 08:51 AM #10Registered User
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Way to go!!!!!!!!!!!!!!!!
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02-03-2008, 08:55 AM #11Registered User
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Fantabulous, Tracy!! Does feel good, doesn't it? We are debt free except for our mortgage.
"Strong is what we make each other." ~ Marge Piercy
2012:
2012 Penny Challenge: $10.70
2012 Change jar Challenge: $12.40
2012 Quarters Challenge: $16.75
2012 Coupon Savings Challenge: $92.19
2012 EF Challenge: $90.80
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02-03-2008, 11:39 AM #12Registered User
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Great job Tracy!
~July 19 saving goal for event $104/$1000
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02-03-2008, 01:05 PM #13Registered User
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WTG Tracy! You must be proud! What an accomplishment!
Married to DH(11 years)
Mama to DS(8)
& DS(6)
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02-03-2008, 02:30 PM #14Registered User
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I am very proud that I am jumping for joy, thanks everyone for your kind words.
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02-03-2008, 02:38 PM #15Registered User
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Congrats!!!!!!!!!!!!!
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