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Sunday, February 17, 2008
9:28:00 AM EST

February Status

Well here it is.  I've finished paying all bills for February and this is how it looks.  Yes you see it right! 2 credit cards have bitten the dust.  I love it and in 4.5 months the next one will be gone and then it's on to the student loans.  After that, I am basically free and will be selling my house.  That's why I've crossed out the second loan on the snowball.  As it stands right now I'll be done in May 2009.  Hopefully, the housing market will be picking back up. 



As you can see I have just about paid out $20,000 in 10 months.  I love it!

I got my income tax refund (fed and state). For now I've moved both of them into savings until I decide the best way to proceed.  I have already maxed out my Roth IRA for 2008 so that's out of the picture.  I have things I have to do but I'm tempted to throw it at debt.  I have to decide what to do so for now, it's in savings.



Written by dbaumgartner Blog about this entry
This entry has 3 comments: (Add your own)
  • #3 Comment from sieblonde 
    3/14/08 8:04 AM | Permalink
    Wow.   I wish I had the income to be able to do what you have done so quickly (Less than a year is quick!)   Keep up the great work, that's amazing.
  • #2 Comment from onetoughcookie43 
    2/22/08 10:07 PM | Permalink
    WOW!! Is that great. Keep up the good work. You are DEFINITELY inspiring!!
  • #1 Comment from suzypwr 
    2/17/08 12:19 PM | Permalink
    I am impressed to see someone who had built up debt and decided to eliminate it carefully and with thought. So many people think, oh well, I am already in debt, what is a little more?

    XOXO