Our credit card debt as of today is $2,499!!
Our savings is $3,800.
We are past that very sweet point where we could technically be credit card debt-free since we have enough in our savings to cover our credit card debt. Yay!
As tempting as it is, we are not going to use our savings to pay off the last of our debt. At least not right now. We do have a tax refund coming that will pay off some more. If all goes well with our business we will be able to take some more income from that next month (it contributed to this latest chunk of debt-payoff).
We are in the home stretch so we are going to push hard for this. We may end up using some of our savings to meet our goal date of May 2009. We’ll see what happens in the next 41 days.
Leave a Reply
About This Site
My Debt
- Original Debt: $38,495.86
- Added Debt: $1,781.50
- Total Debt: $40,277.36
- Paid: $36,084.36
- Remaining: $4,193.00
- Broken Down
- Auto Loan 1: $0.00
- Credit Card: $0.00
- Student Loan: $4,193.00
- Auto Loan 2: $0.00
- Vet Loan: $0.00
Categories
- :)
- About Me
- Blogging Buddies
- Book Reviews
- Bump Update
- Carnivals/Festivals
- Childcare
- Confessions
- Coupons
- Credit Cards
- Credit Reports/FICO
- Debt Updates
- Educational Spending
- emergency fund
- Financial Peace University
- food
- Food Review
- Free Stuff
- General Debt
- General Personal Finance
- Giveaways
- Giving
- Good Info
- health
- Holiday
- Home Ownership
- identity theft
- Insurance
- job loss
- Keeping Motivated
- Kids & Money
- Legal Battle
- Life After Credit Card Debt
- Life Experiences
- Living Frugal
- Loans
- Making Home Affordable Program
- Making Money
- Misc
- Money & Relationships
- Monthly Spending
- Morals and Money
- Net Worth
- Parties
- Picks and Pans
- Prosper Borrowing
- Quicken Tips
- Reducing Debt
- Saving Money
- Spending Money
- taxes
- unemployment
- Ways I Save Money
- work
Finance Blogging Buddies
- Beachgirl’s Budget Blog
- Becoming and Staying Debt Free
- Boston Gals Open Wallet
- Debt Free Hispanic
- Debt Kid
- Debt Reduction 101
- Dual Income No Kids
- Everybody Loves Your Money
- Financial Hack
- Free Money Finance
- From the Brink of Bankruptcy
- Generation X Finance
- GRACEful Retirement
- Grad Money Matters
- It’s Your Money
- Josephsangl.com
- Kick Debt’s Butt
- Lazy Man and Money
- Low Income Life
- Make Love Not Debt
- Mapgirl’s Fiscal Challenge
- Mighty Bargain Hunter
- Million Dollar Savings Club
- Money for Military
- Money is My BFF
- Money, Matter and More Musings
- My 1st Million at 33
- My Money Blog
- My Plasectomy
- My Two Dollars
- No Credit Needed
- One Million and Beyond
- Personal Finance Advice
- pfblogs.org
Posted: March 21st, 2009 at 4:13 am
That is just awesome!
Posted: March 21st, 2009 at 6:06 am
Tricia,
Congratulations!!!!!!!
You have been an inspiration in the way you set a goal and steadfastly pursued it through many ups and downs. I’m sure all of us have been pulling for you and your family. We all will be sorry to see you end the blog in the next few month, but we wish you the very best in the future. Good job well done!!
Posted: March 21st, 2009 at 6:47 am
Fantastic! You and your family should be very proud of yourselves! Thanks again for letting us observe as you’ve gotten this far!
Posted: March 21st, 2009 at 7:12 am
CONGRATULATIONS on being debt free, Trish!!!! That’s a huge jump. I will blog about you later, right now, I’m getting ready for work.
Posted: March 21st, 2009 at 7:15 am
I am thrilled for you. Your blog continues to inspire me.
Posted: March 21st, 2009 at 7:22 am
Tricia: fantastic and well deserved! You are an inspiration to so many!
Posted: March 21st, 2009 at 10:00 am
I’m proud of you and your husband! Keep up the good work!
Posted: March 21st, 2009 at 10:25 am
Congratulations! We are all so proud of you! You rock!
Posted: March 21st, 2009 at 4:47 pm
That’s great, Tricia. And good job on not tapping into your savings – I struggle with that every couple of weeks
You’ll be done so soon.
Posted: March 21st, 2009 at 6:32 pm
Yay!
Sorry, not much more to say.
Posted: March 21st, 2009 at 10:17 pm
Thanks everyone!
Danielle – well, we’re not credit card debt-free…yet. It’s tempting to wipe it out in one final swoop with our savings. I really like that savings, though. It’s my blankie
Posted: March 22nd, 2009 at 7:18 am
Congratulations! That has to be one sweet feeling!
Posted: March 22nd, 2009 at 8:37 am
Congratulations! Keep pushing the debt down and the savings up.
Posted: March 22nd, 2009 at 9:52 am
Congrats! I’m so happy for you! Looking forward to hearing about how it feels to debt free!
Posted: March 22nd, 2009 at 11:17 am
Tricia,
I am so excited to see this new number! You must have a lot of self-control because I’d use the savings to pay it off and bank the tax refund! Can’t wait for you to get to -0-! You don’t know how much you have inspired me to pay off our debt now too!
Posted: March 22nd, 2009 at 7:41 pm
Your progress is so inspiring! Many congratulations to you and thank you for sharing this amazing journey with us!
Posted: March 22nd, 2009 at 9:50 pm
Ok, I blogged about you (whew, it was a long weekend)
Was this $1500 a tax return?
Posted: March 22nd, 2009 at 10:39 pm
Hi Danielle – no, the $1,500 wasn’t a tax return. About $1,000 was from our business. The rest was what we were able to chip in from our normal income. I wish our tax return was that big. It’s only going to be around $500 this year but it’s definitely going towards our debt as of right now
Posted: March 23rd, 2009 at 10:09 am
Very inspiring. Congratulations!
Posted: March 23rd, 2009 at 10:13 am
WOW!! Congratulations! I cannot imagine the excitement you must be feeling now! And it must be comforting to know that, if you wanted, you could just pay it all off now! It must be SUCH a different feeling now versus way back when you had $37K on your cards. You must feel lighter
Posted: March 23rd, 2009 at 1:34 pm
go go go! this is awesome!
Posted: March 23rd, 2009 at 8:04 pm
Congrats! You’re an inspiration!
Posted: March 24th, 2009 at 7:36 am
That is amazing and inspiring!
Posted: March 26th, 2009 at 3:55 pm
Your blog is so inspiring!