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A Big Debt Update…

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Before I spill the new numbers, let me just say…

I did a handstand before posting.

My foot is still sidelined from the tendon injury so doing a series of leprechaun kicks was out of the question…

that’s not to say I didn’t try.

I’ve been working nights and, I still can’t figure out how but, my husband managed to pull in some extra work over the weekend even though he goes to school for 5 hours 4 nights a week. Is he an awesome man or what?!?

We pulled in $1,000 in second job money this month. PLUS, for those who are paid bi-weekly like me and my husband, you receive three checks in July instead of two. We had some maintenance and repair bills to pay but we got to add quite a bit of it to our regular $1,000 a month payment.

How much is the check I get to mail to Toyota this month?

FOUR THOUSAND DOLLARS!

This is the biggest payment I have ever made to Toyota. I’m pretty sure they will hate me but really…

isn’t that the goal?!?

Here are the new numbers:

• Original Debt: $38,495.86
• Paid: $27,731.70
• Remaining: $10,764.16

Broken Down
• Auto Loan 1: $0
• Credit Card: $0 Woo Hoo!
• Student Loan: $9,193.62
• Auto Loan 2: $1,570.54

What an amazing month for us.


20 Comments

  • Reply debra |

    WAY to GO! Happy for you… see NOW you CAN go on that trip with your family and enjoy it. 😉

    Debra

  • Reply Dream Mom |

    Congratulations! What a huge accomplishment. IT won’t be long now before you have that car paid off!

  • Reply Tammie |

    WTG! Congrats! Great traveling awaits for you and your family have fun! Those numbers look great I know we will get to where you are eventually keep it up!

  • Reply Rose M |

    Excellent progress! Congratulations! It won’t be long before your total debt balance is 0.

  • Reply Janelle |

    Wow that is awesome! I pray you will have another awesome second job month in July and pay off the Toyota! Sweet!

  • Reply Anne |

    That is an excellent and encouraging post! Your journey gives our journey hope that progress can be made!!

  • Reply T'Pol |

    That’s awesome! Yay you guys! Once you get rid of that debt totally, you will feel like a hero.

  • Reply Joe |

    Wow, good for you! We just paid our last car payment and it’s such a great feeling!

  • Reply Stephanie |

    You have no idea how much this has inspired me to keep pressing on….I was starting to feel defeated…THANK YOU for the inspiration!!!

  • Reply MomsManyProjects |

    Congratulations! We just got rid of our truck payment and it’s an awesome feeling!

  • Reply Nichole@40daysof |

    Congrats! I remember how great it felt to be able to end those big checks.

  • Reply My Frugal Miser |

    Wow… that’s significant. Congratulations – I know it must be an amazing feat for you guys. What’s the plan once all your debt is paid off?

So, what do you think ?