Hey everybody! I hope you all had a great weekend.
With not much to discuss this week- I want to touch on a couple of items. Firstly, a very good friend of mine and his wife had a birthday party for his son who just turned 1, on Saturday. The party was in Ohio, a couple hours away from where we live. I drove down and spent a majority of day celebrating with them and their family. Instead of getting them a new toy, since I figured everybody else would be doing that, I gave them $25 in cash to start an ESA account for their son. Once the present opening began, I realized my suspicions were right- they had more toys and clothes than I think they knew what to do with. I told my buddy how to quickly set up an account (much like I did for my nephew) that will allow the money to grow for the next 17 years.
Secondly- the money saving planning for Disney has begun. So far, we know of 2 ways that are going to save us a ton. 1) We’ve been talking to GF’s mother, who lives only a couple miles away, to watch the dogs for us while we’re gone. She agreed to come over, let them outside, and play with them a couple of times each day and we’re going to give her $200. When I was looking into having the dogs boarded for the week, the prices ranged form $350-$450 depending on how much activity we wanted the dogs to get. Besides the financial aspects, I don’t really feel comfortable keeping our dogs in a kennel where they have limited space. I feel that keeping them in our house, where they can roam anywhere and play with all their toys, is a much more inviting scenario. 2) Since we’re driving to and from Disney (16+ hours away) we’re going to pack as much as we can for the drive. GF has already started couponing and buying foods that we can eat on the way that won’t go bad. The day before we leave, we plan on making pasta salads, normal salads and fruit salads- food that we can eat straight from the cooler, are healthy, filling and will give us plenty of energy for the drive. This will certainly keep us from hitting the gas station food when we stop for gas, at least on the way down. We haven’t yet figured out what we are going to do for the trip back up.
For anyone interested in my current debt totals, here they are:
|Loan Name||Interest Rate||Original Balance- May '09||Current Balance||Total Paid Off||Paid Since Last Week|
|Sallie Mae 01||5.25||$27,837.24||$23,896.61||$3,940.63||$0.00|
|Sallie Mae 02||4.75||$22,197.02||$18,750.50||$3,449.52||$0.00|
|Sallie Mae 03||7.75||$20,692.10||$0.00||$20,692.10||$0.00|
|Sallie Mae 04||5.75||$10,350.18||$6,271.63||$4,078.55||$305.85|
|Sallie Mae 05||5.25||$6,096.03||$0.00||$6,096.03||$0.00|
|Sallie Mae 06 and 07||4.75||$6,415.09||$0.00||$6,415.09||$0.00|
|Sallie Mae- DOE 01||5.25||$5,000.00||$0.00||$5,000.00||$0.00|
|Sallie Mae- DOE 02||5.25||$3,000.00||$0.00||$3,000.00||$0.00|
I hope everyone has a great week!
In September of 2013, I had an epiphany to pay of the remainder of my debt ($104,000) as fast as I could. With my sights set on a debt free date of November 2016, I'll share my journey with you to reach this goal, every step of the way.