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We're debt free!

05/29/07

Permalink 08:59:43 pm, by Jeremy Email , 133 words, 1910 views   English (US)
Categories: Money

We're debt free!

Is a debt paid when you send the payment, or when the finance company makes the entry and sends a statement? Oh who cares......

WE ARE DEBT FREE!!*

Yes, on December 31, 2005 we made our first budget for the month of January 2006, and since that time we have:

  • Sold a house, we moved in April 2005, and had two houses for about 10 months. Uck
  • Completed Financial Peace University
  • Paid off $38,637.29 in consumer debt consisting of 2 credit cards and 2 cars.
  • Saved $7700 for emergencies, irregular bills, and HSA.
  • Got a new job, having more fun, and making more money.
  • Sold some stock of my previous employer.

For a grand total of:

$148,620.18 former debt in just 17 months!

Ok, perhaps including the bridge loan on the old house is overkill, but it's still good news.

* = Except for the house.

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