Great news! We finally did it!

iVillage Member
Registered: 07-02-2008
Great news! We finally did it!
19
Thu, 01-07-2010 - 3:32pm

So many of you have taught me so much on this board.

I came here in July of 2008 with about $28,000 in c/c bills (spread out over three cards) and two car payments totaling about $16,000.

Today I made our FINAL c/c payment. Once it posts to the card we are c/c DEBT FREE. I am in shock and awe.

We have one car paid off and the other (my car) we owe $5,500 on. We hope to use our tax return to pay off my car in full.

Through all this I began by hiding debt from my husband, I got laid off and we had some ups and downs in our health. However, I'm so glad to say that my husband and I are closer now, we talk about EVERYTHING money related, the good and the bad. And....I am enjoying being home with my kids so much. More than I expected to be.

We haven't used our c/c's since July of 2008 and we have worked so hard to be where we are today.

I am far from leaving this board. I love everyones stories and althought I don't always post on everyone's topics I do think all of us are doing such an amazing job.

Thanks for sharing in my journey ladies!!!

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iVillage Member
Registered: 07-14-2008
Thu, 01-07-2010 - 10:17pm
Wow! A huge congrats to you! Hopefully you can get that car paid off. Out of curiosity, what's next for you? Now that our CC debt is gone, and we have the money to pay off my car, I am having a hard time knowing what is next.





iVillage Member
Registered: 02-09-2000
Thu, 01-07-2010 - 10:44pm
Congratulations!!!
iVillage Member
Registered: 10-01-2009
Thu, 01-07-2010 - 10:56pm

Absolutely Fabulous....


congratulations...the two of you are awesome for managing all this debt....


You are an inspiration to me on my debt journey....


Duke

iVillage Member
Registered: 07-05-2006
Fri, 01-08-2010 - 8:49am
YAYAYAYAYAYAYAYAY! Here's an electronic High Five! I bet it feels wonderful! That is an impressive debt journey! Only a year and a half to pay off all of that debt! It just shows what can be accomplished with dedication and hard work.

Avatar for cl_beckymk
iVillage Member
Registered: 03-19-2003
Fri, 01-08-2010 - 9:21am

I'm so happy for you!!!

iVillage Member
Registered: 07-02-2008
Fri, 01-08-2010 - 3:57pm


Thanks for the positive words everyone!!

What's next for us? Seems like the bills don't stop when the debt ends.....LOL

Short term goals : my daughters preschool for next year will cost us $900. And our car insurance is due $600. (I can break that up over a 4 month period but I prefer to pay it all at once.)

Longer term : pay off my car and just have the debt of our mortgage.

Save money to extend our deck this spring/summer. I am "estimating" about $1,000 but I am not sure what that will actually cost.

Right now we have $3,900 in savings. I want to bank money like mad! So after my other expenses are done I want to SAVE SAVE SAVE and just learn what its like to budget and save money like usual!!

iVillage Member
Registered: 04-12-2007
Fri, 01-08-2010 - 8:17pm

Congratulations!!!


Robyn


Avatar for sohappilyme
iVillage Member
Registered: 03-26-2003
Fri, 01-08-2010 - 8:35pm
What a great way to start 2010! Congratulations, girl - what an inspiration you are!

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FLINGING DEBT:
Sarah
iVillage Member
Registered: 04-12-2007
Sat, 01-09-2010 - 8:50am

That is WONDERFUL - congratulations!!


Robyn


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