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Happy New Year!


It’s a bit odd writing for a get-out-of-debt blog when so many of my own debt numbers are totally up-in-the-air for the time being. So without being able to go into too many specifics, here are my hopes for the New Year:

2019 will see the selling of our first home

While this is a bitter-sweet thing, I hope that the proceeds of the home will help pay off a substantial amount of debt (including 100% of the joint IRS tax debt + the vast majority of unsecured credit card debt). Remaining proceeds will be split and after the dust settles I’ll determine how to best use my portion. The options would be to pay more debt (e.g., student loans) or to re-invest by using it as the down payment for a new house. I know there are tax implications involved, so I’ll certainly be seeking counsel from our CPA before making any big decisions.

2019 will include more stability and predictability

While I already feel like this has happened to some extent just by moving out and gaining complete control of my day-to-day schedule, I still have a lot of big unknowns wrapped up in my separation. By way of an update, hubs and I have decided to move forward with divorce (initially, we were only seeking legal separation. That has now officially changed).

2019 will include more personal growth, rebuilding, and enhanced spirituality

Enough said. All of these things.


I wish you and yours a safe and happy New Year! <3

Looking Forward to the End


My daughter and I had a heart to heart this evening about dual enrollment, high school graduation and the looming milestones approaching…drivers license, college or technical school after high school. And that brought up a long term dream of mine, to build a home.

And her statement was that in all these years that I have spoken of my dream, she always thought she would live there, in my dream home. And the reality is, that won’t happen. Building a home isn’t even on the board right now.

But it did get me thinking about the future. And using a Dave Ramsey based spreadsheet full of formulas based on the snowball method, I decided to look at when my debt free date might be. Using my December debt numbers, an estimated $2,000 month debt payment and the priorities I listed earlier this month, this is when my debts will be paid off. (My current monthly minimum payment is $806 including $100 per month towards the student loans.)

Guys, I could be debt free in exactly 2 years. Completely and utterly debt free. And how perfect would that timing be. Princess is set to graduate in May, 2021. And being debt free, I would be in a much better place to help her with the next phase of her life (and myself, of course.)

This is very motivational. And really gives me a concrete goal to strive towards. It’s no longer a pie in the sky.

My ultimate goal is now to be debt free by 2021! What a great way to start this coming year! What are your financial goals for this year?