Debt Update…

Ready for a good one?

We had eight days to come up with $120. Did we do it?

Two words…

Hell yes.

(Sorry mom. I used the word ‘hell’, but in this situation, I felt it was appropriate.)

I don’t think my husband and I saw each other more than twice in the month of July but we did it. Kiss Toyota goodbye.

We are absolutely exhausted… but it’s done.

My Debt
Original Debt: $38,495.86
Paid: $29,371.81
Remaining: $9,124.05

Broken Down
Auto Loan 1: $0
Credit Card: $0
Student Loan: $9,124.05
Auto Loan 2: $0 Woo Hoo!

We made it. We’re finally under 10K.

Posted by Beks on August 6, 2010 at 12:00 PM in Debt Updates | 32 Comments »
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T'Pol responded:
Posted: August 6th, 2010 at 12:28 pm
Congrats! You are working so hard at eliminating your debt. Once everything is paid all off, save some money for a nice weekend getaway with your hubby to celebrate!
David responded:
Posted: August 6th, 2010 at 12:40 pm
Beks,

Another debt eliminated. You should be VERY proud! I’ve been following your blog for a little while and it’s clear that when you and your husband put your mind to something, it gets DONE!

You only have one more to go!

What’s your goal for it? 9 months?

Congratulations.. your readers are proud of you too!
Sarah responded:
Posted: August 6th, 2010 at 1:17 pm
Yea! Yea! Yea! Glad to hear you paid off your car loan. My husband and I are working on the same, due to be gone November 1st!
NY Girl responded:
Posted: August 6th, 2010 at 1:21 pm
Congrats Beks!!!!! That must feel sooooooo good…. Are you going to transfer the $1000 you were paying monthly on the car loan over to the student loan? Or……beef up the savings????
sarah responded:
Posted: August 6th, 2010 at 2:33 pm
congrats. we are hoping for 2 yrs and debt free. I feel so overwhelmed with the amount vs. income and expenses. How do you beat times of discouragement?
Angie responded:
Posted: August 6th, 2010 at 3:45 pm
That is terrific! It is so nice to not owe anything on a vehicle! Very excited for you! =)
Jeremiah responded:
Posted: August 6th, 2010 at 3:45 pm
Awesome! Congrats you guys! The snowball is getting bigger and bigger! That last 9K should go pretty quickly! God bless!
Barb responded:
Posted: August 6th, 2010 at 4:02 pm
Way to go! You deserve to be proud.
jolie responded:
Posted: August 6th, 2010 at 4:24 pm
How exciting!! congratulations.
Nichole@40daysof responded:
Posted: August 6th, 2010 at 5:14 pm
Woo Hoo!!!! You guys are so inspiring. Hope you get to hang out together this weekend.
Vicki responded:
Posted: August 6th, 2010 at 8:39 pm
YEAH!!!! (Doing back flips and the happy dance)
Mar responded:
Posted: August 6th, 2010 at 11:32 pm
Oh, Beks,that is absolutely wonderful. Congratulations on letting another one bite the dust.
bcsmithereens responded:
Posted: August 7th, 2010 at 12:35 am
Well done! I’m rejoicing with you! And happy anniversary too. Mine was on the fourth, and I missed it.
Nicole responded:
Posted: August 7th, 2010 at 12:54 am
Way to go Beks! I was right there with you until I purchased a new vehicle. Dang it!! At least we got it at 0% that will help immensely!!
creditcardfree responded:
Posted: August 7th, 2010 at 8:12 am
Congratulations!! That is a job well done.
emmi responded:
Posted: August 7th, 2010 at 8:19 am
Down a whole digit! yay!!
Dream Mom responded:
Posted: August 7th, 2010 at 8:43 am
Congratulations! I knew you’d do it. It must feel great. I hope you take some time to celebrate together.
Isela responded:
Posted: August 7th, 2010 at 11:02 am
Congratulations! You have worked so hard for this. You must feel awesome.
CJ responded:
Posted: August 7th, 2010 at 12:36 pm
Way to GO!!!! What an amazing accomplishment for you two! You should be very proud of all of your hard work. It’s definitely paying off(no pun intended). Keep up the great job! You’re getting closer to your goal!!!!
Claire in CA, USA responded:
Posted: August 7th, 2010 at 1:28 pm
CONGRATULATIONS, BEKS AND HUBBY!!!! Before you know it, you’ll be completely debt free. I am so happy for you!
No Debt Guy responded:
Posted: August 7th, 2010 at 1:38 pm
Congratulations!! You two are moving along very nicely. 6 months left??
Greg in Ohio responded:
Posted: August 8th, 2010 at 12:25 am
Ain’t it a great feeling when you get below that $10K mark??? You guys are in the home stretch!
Rose M responded:
Posted: August 8th, 2010 at 6:26 am
Congratulations. I know how wonderful it feels not to have a car payment, we haven’t had one in years.
debtor responded:
Posted: August 8th, 2010 at 8:46 am
wow, you might be done by next year
James Hess responded:
Posted: August 8th, 2010 at 9:15 am
Great Job guys, your an inspiration for everyone. Thats the biggest part of getting out of debt , not ging up. Keep up the great work guys. I just updated mysite with new tips i have learned you should check it out.
Katie responded:
Posted: August 8th, 2010 at 12:08 pm
Congratulations! I’m really inspired by how your persistence is paying off!
Michelle responded:
Posted: August 8th, 2010 at 6:38 pm
YAY! Good work Beks!
John@Financial Elite responded:
Posted: August 8th, 2010 at 11:32 pm
I love it, love it, love it. How exciting. The finish line is right around corner. You can smell financial freedom in the air. Congratulations! Thanks for the inspiration.
mikey responded:
Posted: August 9th, 2010 at 1:52 pm
You two are an inspiration!
Mrs. M responded:
Posted: August 9th, 2010 at 1:55 pm
Congrats! I’m glad that you’re so close to your goal.
Tammie responded:
Posted: August 11th, 2010 at 11:42 am
YAY! Beks congrats and you will be to that wonderful finish line in no time! Keep up the great work!
russel responded:
Posted: August 31st, 2010 at 1:52 pm
Its a good thing when you start to gain control of your debt situation.Everyone knows how frustrating it can be when you’re drowning in debt. Congrats.