Debt free FINALLY!!!!!!!!!!!!!!!!!!!!!!

iVillage Member
Registered: 02-04-2004
Debt free FINALLY!!!!!!!!!!!!!!!!!!!!!!
22
Sun, 02-28-2010 - 12:02pm

I am so excited to report that I finally paid off the final credit card!! Woohoo!!! My husband's company got bought out by another company, so things have been a little shaky during the transition to the new company. He got paid on Friday and it was $1000 more than I was expecting. They didn't deduct for 401K yet, which is part of it, nor did they deduct for insurance. I am guessing all of that will start mid March, but it was so nice to be able to finally pay off the final CC!! Then we went to AT&T and bought iPhones (something we've been wanting for a long time). We realized that with the discount of 19% through this new company, it's actually a better plan than our old plan with regular cell phones through Verizon. They also waved all the activation fees. And when my husband went to pay for it he said "Put it on a credit card?" and I said "NO!! Put it on the debit card. We have enough to pay for this." I was so excited. What also helped is that when they transitioned, they paid off everyone for their vacation that was accrued on the books, so he got a nice chunk of change there and we put most of it in our savings account for our e-fund. So, I'm happy to say that the only debt we have is our first mortgage, which is an excellent rate for 30 years and a second which we have to pay off in 5 years and since it was a loan we made ourselves from the 401K, we are paying ourselves interest on that and it is automatically deducted from his paychecks.

Anyway, yay for us! I'm excited because I don't think we've been debt free from credit cards in over 15 years.

Kathryn

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iVillage Member
Registered: 01-09-2010
Sun, 02-28-2010 - 2:41pm
congratulations!!! I'm so happy for you and look
hopefloats ---Dee
iVillage Member
Registered: 02-04-2004
Sun, 02-28-2010 - 3:43pm
YAY!!! Good for you having a goal! I'll be celebrating with you in Sept 2011.
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iVillage Member
Registered: 04-12-2007
Sun, 02-28-2010 - 4:31pm

That's wonderful - congratulations!!!


Robyn


iVillage Member
Registered: 06-25-2006
Sun, 02-28-2010 - 8:36pm
Congratulations! What a great story! Someday I hope to be reporting success like yours someday! Thanks for the inspiration!
iVillage Member
Registered: 01-20-2010
Sun, 02-28-2010 - 9:38pm
HUGE CONGRATS!! i love it, thanks for the dose of inspiration tonight!

iVillage Member
Registered: 01-23-2007
Mon, 03-01-2010 - 6:49am

Congratulations! How wonderful for you!

Dee



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iVillage Member
Registered: 03-19-2003
Mon, 03-01-2010 - 7:48am
Congratulations!!!

iVillage Member
Registered: 10-01-2008
Mon, 03-01-2010 - 8:20am

What an accomplishment!

Norma


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


iVillage Member
Registered: 10-09-1999
Mon, 03-01-2010 - 11:42am

Congratulations...good job!!!


cindylee

iVillage Member
Registered: 04-10-2003
Mon, 03-01-2010 - 12:04pm

Great job!!! That's so amazing! I can't wait till I can report I am finally debt free!


Good for you!


Bex -


"Yesterday is history, tomorrow is a mystery, today is a gift -thats why its called the present."


Bex -

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