12/17/17 Debt Reduction and/or Savings Challenge! - Page 5
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  1. #61
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    made the first deposits into the IRA's for this year. $2200 down $10800 to go. ( BTW, did a quick calculation on our deposits from last year. I think we put over 22%, closer to 23% into IRA's and 401K's) It can be done.

  2. #62
    Registered User MsMarieH's Avatar
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    Sent off a few more payments and I have scheduled a double payment on the personal loan for Wednesday which will bring down the balance almost another $2K.

    Current balance: $28,949.64/$31,725.47

    Paid off in 2017: $2,780.16

    I am SOOOO going to pay off this debt in 2017. I can't WAIT!!!
    2020 Pay Off Debt Challenge: $25,675.45/$25,676.45 (Goal COMPLETED: Pay Off By 12/30/2020)

  3. #63
    Registered User MsMarieH's Avatar
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    Quote Originally Posted by Raiquee View Post
    I'm on a no spend this month which is: no frivolous things, no eating out, no lunch at work, no kids school lunch. I almost broke on Sunday when I had to have leftover chili.

    I hate chili was really the point of this post.
    Just something to consider... Just last night I used up our leftover chili in one of my favorite ways: Cincinnati Chili

    Thin down your chili with V8 or tomato juice and add extra chili powder. Heat the sauce and serve it over cooked spaghetti noodles with chopped onions (hubby loves, I skip) and LOTS of shredded sharp cheddar cheese. It's AWESOME and makes it a whole new meal instead of leftovers.
    2020 Pay Off Debt Challenge: $25,675.45/$25,676.45 (Goal COMPLETED: Pay Off By 12/30/2020)

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  5. #64
    Registered User Cricketlegs's Avatar
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    Added another $70 to that small CC balance. Pushing being under $100 in one small payment. Ready to move on from here to my car payment. Money came from sales in my etsy shop.

  6. #65
    Registered User brenda67's Avatar
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    $388.44 PIF Gander Mountain
    Wife to Keith
    Mom of 3 boys

  7. #66
    Registered User MsMarieH's Avatar
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    The double payment came through.

    Current balance: $27,133.84/$31,725.47

    Paid off in 2017: $4,595.96

    I'm so pleased with the progress I have been able to make in January. It's cut the total by about 15%! I probably won't be able to do that every month, but it's a tremendous start!
    2020 Pay Off Debt Challenge: $25,675.45/$25,676.45 (Goal COMPLETED: Pay Off By 12/30/2020)

  8. #67
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    Still hanging debt free. Have $1700. more until i hit our 10 month emergency fund goal. Tomorrow I will drop in $1200. to be $500. away and hopefully hit it next Fri.

    I was cleaning the bsmt of stuff we dont really need today because i want the new furnace by May but hopefully March. I have $10,000 put aside for heating/cooling but also need a hot water heater soon.

    Keep it up ladies. Your doing great as usual.

  9. #68
    Registered User larabelle's Avatar
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    Quote Originally Posted by MsMarieH View Post
    Sent off a few more payments and I have scheduled a double payment on the personal loan for Wednesday which will bring down the balance almost another $2K.

    Current balance: $28,949.64/$31,725.47

    Paid off in 2017: $2,780.16

    I am SOOOO going to pay off this debt in 2017. I can't WAIT!!!
    You go girl!!! Pay it OFF in 2017!!
    Blessed and Highly Favored!!!!
    From $78K in debt to debt free and purchased a house and used car with 100% cash...God is sooo Good!!!

    Goals:
    New to me vehicle

  10. #69
    Registered User larabelle's Avatar
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    Quote Originally Posted by brenda67 View Post
    $388.44 PIF Gander Mountain
    YAHOOO!!! Love the PIF!!
    Blessed and Highly Favored!!!!
    From $78K in debt to debt free and purchased a house and used car with 100% cash...God is sooo Good!!!

    Goals:
    New to me vehicle

  11. #70
    Registered User Raiquee's Avatar
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    Another $100 to furnace and $96 to one of the credit cards.

    Hopefully I will gain more traction with the CCs next week.
    Step 2
    Will update this when I have time

    Food grown for my family so far: 37lbs 1 oz!

  12. #71
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    I joined an uber frugal january challenge on the mrmoneymustache page, and it is incredible how much we can save by avoiding everyday spending. Yesterday I sent $4000 to the savings account, and that is after paying a large chunk of the insurance bill for 2017, and several other large bills.
    Total paid/saved: $214 900
    Total goal: $304 900
    To do: $90 000

  13. #72
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    Started a IRA today and deposited $5,500 for 2016 taxes and I set up an automatic monthly withdraw for 2017.
    2020 Goals:
    Pay off Ohio House - PAID OFF!! March 2020
    Save for whole house generator - $0/$15,000 (Guess amount, no quote)
    Fully Fund all Retirement Accounts & HSA - $12,500/$43,000
    Save for fruit trees - $0/$2,000 (by December)
    Survive Outage - 6-12s for 3-6 months.....love the pay, hate the hours
    Save for pond....now a 2022 goal

  14. #73
    Registered User larabelle's Avatar
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    Add $400 to Jan/updated totals. Everyone keep posting...it helps keep me motivated!
    Blessed and Highly Favored!!!!
    From $78K in debt to debt free and purchased a house and used car with 100% cash...God is sooo Good!!!

    Goals:
    New to me vehicle

  15. #74
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    First off-WTG~!~!!!! Everyone. This is 1 motivated group.
    Had a set back. Sewer flush per yr. is $275. or less. This year it rebacked up and a hydro flush was another $975. incl a camera scope. DH made a lot fo overtime and we could cover it.
    However,we have 75' of cast iron pipe that is causing pooling in the lines and we have cracks. To dig it up will be $5250-$12,000 depending if we replace the 25' of damage of the whole thing?? So tired of this money pit.

    I put another $1500. aside for the new van. Saved $15,500.
    And I met the 10 month Efund last paycheck. We are living on very little in order to save.

  16. #75
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    I am so sorry this is happening to you FW2. We had to replace ours within the first 2 years in this house. ( and it was a new construction. builders didn't do proper foundation for the pipework causing backup into the house, Yuck) Good luck in your decision on what to do!

    Another 200 to DH's Roth went in so we are at 2400 to Ira's for this month so far.

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