Things have been so busy lately that I had actually forgotten about this little blog project. I actually am so close to being debt free that I can taste it! I even beginning to think of names to rename this blog (should I decide to do so) once I am done with debt.
Here’s where I stand. My inheritance money from my grandma came in and it was enough for me to make a down payment on a new house, payoff the loan to my 403(b) account and then payoff an 8,461.29 credit card debt.
Here’s the rest of the news and the final part of my plan. To make sure all the taxes were covered one third of my inheritance was held back and will be released to me in April of 2008. I only have one more credit card balance to payoff and will once again borrow from myself using my 403(b) retirement to pay off that balance. Once the last portion of my inheritance comes in I will then pay back the 403(b) and be debt free!
Well, ok I’ll still have a mortgage and a car payment to deal with but that is smooth sailing compared to where I’ve been. My target goal to be totally free from bad spending debt is June 2, 2008. My 34th birthday.
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2 comments:
congratulations on your progress... the discipline it takes to accomplish this is commendable!
cheers!
Congratulations. How about, "In the Pink" for a new title?
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