It’s been about eight months going on nine since we have paid off our debt! A lot has happened since then and WE can’t be happier. We spent the last eight months focusing on US (not just financially). We were fortunate enough for Joel to be on vacation for six months and so much has… Continue reading Life after being Debt-Free
As of today, February 25 2017, Joel and I are officially DEBT-FREE! No student loans! No credit card debt! No personal loans! In ten years, we paid off roughly $60,000 of debt. In two years, we paid off $38,000. In two months, we paid off $22,000. During the first 5 years since we started paying back, we were… Continue reading WE ARE OFFICIALLY DEBT-FREE!!!!!
Loan: $Total debt – $Monthly payment = $Total balance Student Loan: $10,071.47 – $10,071.47 = PAID OFF!!!*** Discover Credit Card: $2,196.69 – $55 = $2,141.69 Total debt balance = $2,141.69 It’s officially Tax Season! It was my first time ever filing taxes let alone doing it on my own, by myself *round of applause for big girl… Continue reading February 2017: Debt-Free Break Down
A little break from counting numbers on our debt balance. Not many people within our circle understands why Joel and I do the things a certain way, our sacrifices, and what is exactly our goals/plans are. Back story: Joel’s student loans began rolling in right when we started dating, roughly ten years ago. We lived… Continue reading Priority, be debt free
Loan: $Total debt – $Monthly payment = $Total balance Credit Card: $9,353.09 – $9,353.09 = PAID OFF!!! Student Loan: $10,151.00 – $146*** = $10,044.00 Discover Credit Card: $2,217.30 – $55.00 = $2,162.30 Total debt balance = $12,202.12 We stayed with the plan this month and fully paid our NFCU credit card debt. You have no idea just how… Continue reading January 2017: Debt-Free Break Down
Loan: $Total debt – $Monthly payment = $Total balance Credit Card: $9,532.69 – $189.00 = $9,442.00 Student Loan: $10,259.00 – $111.18 = $10,151.00 Discover Credit Card: $2,172.00 – $44.00 = $2,128 Total debt balance = $21,721.00 Hoping that this is the last time we pay minimum on our Credit Card debt. We want to ring in the… Continue reading December 2016: Debt-Free Break Down
Loan: $Total debt – $Monthly payment = $Total balance Credit Card: $9,532.69 – $191.00 = $9,341.69 Student Loan: $10,259.00 – $111.18 = $10,182.17 Total debt balance = $19,523.86 After long months of waiting and saving, Joel is coming home. It will not be weeks or couple months as usual because opportunity and sacrifices has to be taken… Continue reading November 2016: Debt-Free Break Down