Finally getting the house in order!

iVillage Member
Registered: 11-16-2011
Finally getting the house in order!
Thu, 11-17-2011 - 12:06am

Hi all!

I'm a 31yo recently divorced professional who just realized exactly how much money is being tossed down the drain. I've decided it's time to clean up my act! It's a big hole I (and my ex) dug over the last 10 or so years, but I've got a decent sized shovel. I stumbled on your group and thought it would be a great place to get the support that I need to dig out! I started paying things off over the last few months after getting a few thousand in the bank for emegencies. Here's where I stand as of when I started 2 months ago (in order of payoff):

Ashley Furniture cc: 250 / pmt = 50 -- paid off :)

Chase cc: 1000 / pmt = 50 -- paid off :)

BillMeLater cc: 1500 / pmt 75 -- paid :)

Best Buy cc: 1000 / pmt 25 -- pay off next week :)

BBT car loan: 10000 / pmt 365-- hopefully by April

Home Depot cc: 3000 / pmt 90 -- June

TD Bank personal loan: 3000 / pmt 135 -- Aug

401k loan: 5000 / pmt 160-- Nov

Home Projects Visa (central air died over summer): 6500 / pmt 115

Citi cc: 8000 / pmt 200

BofA cc: 16000 / pmt 360

Sallie Mae: 16000 / pmt 140

House: ugh. 225,000 owed, worth 190,000 thanks to down market :(

iVillage Member
Registered: 07-15-2003
Thu, 11-17-2011 - 2:41pm

Just wanted to wish you the best of luck! :)

Sounds like you've got emergency savings, a solid plan, a great attitude, your head out of the sand and a nice shovel! :) I think you'll do very well.


Daisypath Anniversary Years Ticker

iVillage Member
Registered: 12-31-2010
Thu, 11-17-2011 - 3:21pm

GB -


iVillage Member
Registered: 11-14-2008
Thu, 11-17-2011 - 3:44pm

Hi, welcome.

I like your ordered list! It sounds like you have done some research and have a good plan. Mondays are our accountability thread where you can let us know how you are doing. Fridays you can post how much you have snowflaked and update your ticker.

Take some time to smell the roses and don't stress to badly. Divorce is an adjustment to say the least. Happy shoveling! Don't worry about the mortgage so much. Perhaps by the time you get to it the market will have turned around.

iVillage Member
Registered: 10-01-2008
Thu, 12-01-2011 - 4:25pm



"Patience is the best remedy for every trouble"- Plautus

iVillage Member
Registered: 08-24-2007
Fri, 12-02-2011 - 7:25am
Sounds like your really organized and motivated! You've done great work so far!

Welcome to the boards!


empty purse