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We like the sound of 11/11/11 as a date to pay off all our personal debt (will still have a mortgage). It will be a stretch as we worked out a current snowball amount which has us debt free by early 2012 but hey what the heck, we're in the mood for getting rid of this debt once and for all so are throwing everything we have at it.
Have paid off two credit cards (smaller balances) and working on the third which am planning to pay off at the end of the month. That will leave the big credit card, the even bigger line of credit and the car lease (although we are planning to sell the car and pay out the lease early).
Am onto my second reading of the The Total Money Makoever and it is motivating me big time! Mr mango often does not read that kind of book but even he is looking forward to getting stuck into it. We worked out the other day that we are still paying off things like groceries and petrol from years and years ago, things long forgotton or eaten! :furious: It just makes me sick to think about it and is giving me added motivation.
I thought I would use these thread as a means to stay accountable along the way so will pop in regularly to update where we are at.
Here's to a debt free life!
Have paid off two credit cards (smaller balances) and working on the third which am planning to pay off at the end of the month. That will leave the big credit card, the even bigger line of credit and the car lease (although we are planning to sell the car and pay out the lease early).
Am onto my second reading of the The Total Money Makoever and it is motivating me big time! Mr mango often does not read that kind of book but even he is looking forward to getting stuck into it. We worked out the other day that we are still paying off things like groceries and petrol from years and years ago, things long forgotton or eaten! :furious: It just makes me sick to think about it and is giving me added motivation.
I thought I would use these thread as a means to stay accountable along the way so will pop in regularly to update where we are at.
Here's to a debt free life!