Yay, debt is now below $30,000...

iVillage Member
Registered: 10-09-1999
Yay, debt is now below $30,000...
10
Thu, 02-16-2006 - 2:35pm
Yep, after paying bills this week our debt (except mortgage) dipped below $30,000 new total is now $29,500...can't wait until its below $20,000. We are headed in the right direction!
cindylee (16 mths to be debt free)
iVillage Member
Registered: 07-27-2005
Thu, 02-16-2006 - 2:58pm

CONGRATS!!!! How exciting! I was just thinking about how excited I will be when our debt is no longer in the $60,000's ;P I'll be in pure heaven when we are where you are. Yay for you!!!!

Cristin

iVillage Member
Registered: 03-27-2003
Thu, 02-16-2006 - 4:59pm

WAY TO GO! I've always enjoyed seeing your month to be debt free at the bottom of your signature-it's so exciting to know someone is making it.

Taleyna

Avatar for mymartes
iVillage Member
Registered: 03-26-2003
Thu, 02-16-2006 - 5:15pm

You go, girl. LOL

MYM

iVillage Member
Registered: 12-05-2004
Thu, 02-16-2006 - 6:11pm

Fantastic!!! Are you expecting a tax refund this year? If so, that might bring you closer to your goal of being under 20K! :-D I love hearing success stories like this! :-D

Pat :-D

iVillage Member
Registered: 01-06-2006
Thu, 02-16-2006 - 8:41pm
That is great! This past weekend I sat down and made excel spreadsheets with all our debts and payments for each and when each would be paid off. I estimated the interest each month and put in payments for each item on my paydays. Looks like all will be paid off on 12/31/07! It was good to see where we are at after paying and paying and paying and it never seems we're getting anywhere because we're not seeing the big picture, just pieces of it at a time. Of course, this may be revised to sooner as I am hoping to negotiate lower interest and still haven't done my taxes to see if I have extra to put toward the credit cards, but like you we just got below $5K on one card and just over $25K overall debt and it was exciting to see that it is working.

Proud sister of a Marine:

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Avatar for cl_phocid
iVillage Member
Registered: 03-26-2003
Thu, 02-16-2006 - 10:30pm
Woooo Hooooo!

All my best,
Danni

iVillage Member
Registered: 12-12-2004
Fri, 02-17-2006 - 2:04am
Hi, CL--Wow! How long did it take you to get below $30K? Did you set a goal of, say, 10K/year? What did you cut back on? Congrats to you! WHiz.
iVillage Member
Registered: 05-09-2005
Fri, 02-17-2006 - 2:07am
Hi, that's fantastic news. Good for you. Below 30,000 and on into the 20,000 for a while. Great for you.
Megan
Avatar for cl_beckymk
iVillage Member
Registered: 03-19-2003
Fri, 02-17-2006 - 10:22am
Congratulations!
iVillage Member
Registered: 11-10-2005
Sun, 02-19-2006 - 9:50am
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