Computer netted well over $300 on ebay and I just repaid dad in full ($249.40) for round trip tickets not just the $125 (was going to just do 1/2 of the round trip ticket as we agreed but I figure hey I’m a grown man I should really be covering my own expenses…). This coming Wednesday night I get paid including some O/T. Already wrote the check out and in notes I placed “TO PAY OFF STUDENT LOANS AKA MY BIG EXPENSIVE MISTAKE!” So pumped to start moving ahead!!
CURRENT STATS
Student loan: $629.47 (APR -1.625%)
Mom Loan 1:$2,000
Mom Loan 2:$1,000
Mom Loan 3:$200
Credit Card:$735.88
Dad Loan 1:$800
Dad Loan 2:$550
Dad Loan 3:$125
Dr. Bill 1:$225
Dr. Bill 2:$70
Dr. Bill 3:$70
TOTAL DEBT = $629.47 of original $16,515.88 remaining
TOTAL SAVED = $1,005.75 of $1,000 in BABY STEP 1 E-FUND
Apr 02, 2010, 02:15PM PDT | 2 cheers | 0 comments
And that’s the end of March with just under $800 to go total. Computer is for sale on eBay and currently going for over $200 and then there’s my paycheck which will hit just before my 27th birthday, meaning I will be debt free!!
CURRENT STATS
Student loan: $629.47 (APR -1.625%)
Mom Loan 1:$2,000
Mom Loan 2:$1,000
Mom Loan 3:$200
Credit Card:$735.88
Dad Loan 1:$800
Dad Loan 2:$550
Dad Loan 3:$125 [NEW]
Dr. Bill 1:$225
Dr. Bill 2:$70
Dr. Bill 3:$70
TOTAL DEBT = $754.47 of original $16,515.88 remaining
TOTAL SAVED = $1,000.82 of $1,000 in BABY STEP 1 E-FUND
Mar 30, 2010, 07:49PM PDT | 2 cheers | 0 comments
Another 90 bucks off. Just sent another $70, and I’ve got my computer for sale on eBay. That and the final paycheck will get these done with once and for all. Just 12 days away….
CURRENT STATS
Student loan: $699.44 (APR -1.625%)
Mom Loan 1:$2,000
Mom Loan 2:$1,000
Mom Loan 3:$200
Credit Card:$735.88
Dad Loan 1:$800
Dad Loan 2:$550
Dad Loan 3:$125 [NEW]
Dr. Bill 1:$225
Dr. Bill 2:$70
Dr. Bill 3:$70
TOTAL DEBT = $824.44 of original $16,515.88 remaining
TOTAL SAVED = $1,000.82 of $1,000 in BABY STEP 1 E-FUND
Mar 27, 2010, 02:21PM PDT | 2 cheers | 0 comments
(Hm, I notice a lot of people here saying they’re done in the regular entries, when it seems like they should be putting it under HOW I DID IT/marking as ‘done’. But I digress…)
Slight setback, I owe dad $125 for plane ticket as my cousin is getting married in Miami next month and, as I have no credit card, I didn’t have the money as all the extra is going towards debt repayment, and the rates were going up so he spotted me. Granted I could have skipped, but it’s only going to happen once (hopefully!) and I also need a vacation as I’ve been working tons of O/T and not left the city in over a year and life should also be about fun too. That said, I still expect to have this one and the student loan paid off together as I’m now selling my unused laptop on eBay which should net another 200-300 so I think I’ll be OK. Then from there on in, I’m paying myself and getting ahead!
CURRENT STATS
Student loan: $788.31 (APR -1.625%)
Mom Loan 1:$2,000
Mom Loan 2:$1,000
Mom Loan 3:$200
Credit Card:$735.88
Dad Loan 1:$800
Dad Loan 2:$550
Dad Loan 3: $125 [NEW]
Dr. Bill 1:$225
Dr. Bill 2:$70
Dr. Bill 3:*$70
TOTAL DEBT = $913.31 of original $16,515.88 remaining
TOTAL SAVED = $1,000.82 of $1,000 in BABY STEP 1 E-FUND
Mar 25, 2010, 10:26AM PDT | 0 comments
Oh my God, I can’t believe how incredibly close I am to accomplishing this goal!
It’s soooo tempting to pay this off with my emergency fund right now, but I am not going to tempt fate (aka Murphy’s Law). Next on the list is to sell my Mac laptop I no longer use which will probably pull in $200-600 plus my April Paycheck will kill it. I’m so excited that the light is at the end of the tunnel, and it will be just before birthday. What a gift to myself it will be to be debt free!! Yes!
CURRENT STATS
Student loan: $815.83 (APR -1.625%)
Mom Loan 1:$2,000
Mom Loan 2:$1,000
Mom Loan 3:$200
Credit Card:$735.88
Dad Loan 1:$800
Dad Loan 2:$550
Dr. Bill 1:$225
Dr. Bill 2:$70
Dr. Bill 3:$70
TOTAL DEBT = $815.83 of original $16,515.88 remaining
TOTAL SAVED = $1,000.82 of $1,000 in BABY STEP 1 E-FUND
Mar 13, 2010, 02:02PM PST | 4 cheers | 0 comments
Applied the $200 California state refund to this. Got paid today with all my O/T, not to mention I’m selling off my laptop which I no longer use which will hopefully net anywhere from $200-800. I think I may kill this off by the end of the month!! So close!
CURRENT STATS
Student loan: $1,684.68 (APR -1.625%)
Mom Loan 1:$2,000
Mom Loan 2:$1,000
Mom Loan 3:$200
Credit Card:$735.88
Dad Loan 1:$800
Dad Loan 2:$550
Dr. Bill 1:$225
Dr. Bill 2:$70
Dr. Bill 3:$70
TOTAL DEBT = $1,684.68 of original $16,515.88 remaining
TOTAL SAVED = $1,000.82 of $1,000 in BABY STEP 1 E-FUND
Mar 10, 2010, 02:31PM PST | 2 cheers | 0 comments
Whew! This has been a strange & expensive month. Thank god I know how to budget my money now – 3 birthdays (mom, dad & sister), plus all of my car stuff came due (license renewal, car repairs, insurance, registration renewal, carwashing, gas)... it’s made me really begin to wonder if I need to keep my car when I live in LA which for the most part has a lot of public transportation.
That being said, my federal tax renewal plus selling stuff online came in and put me under 2 grand left. So at the current rate I should be able to pay this off by end of May if not sooner!
CURRENT STATS
Student loan: $1,883.75 (APR -1.625%)
Mom Loan 1:$2,000
Mom Loan 2:$1,000
Mom Loan 3:$200
Credit Card:$735.88
Dad Loan 1:$800
Dad Loan 2:$550
Dr. Bill 1:$225
Dr. Bill 2:$70
Dr. Bill 3:$70
TOTAL DEBT = $1,883.75 of original $16,515.88 remaining
TOTAL SAVED = $1,000.00 of $1,000 in BABY STEP 1 E-FUND
Feb 28, 2010, 11:31AM PST | 2 cheers | 0 comments
Just did taxes for Fed & State, will have over $530 coming my way, so with that I will be just under 2 grand! Light is at the end of the tunnel, not including all the extra I have from overtime this week (it is pilot season) – once I pay for my car tax, car repair and insurance, I should still have 200-300 to throw towards this debt as well… great to know I don’t have to put that on credit or wait to be able to afford this. Liberating!!!
CURRENT STATS
Student loan: $2,536.64 (APR -1.625%)
Mom Loan 1:$2,000
Mom Loan 2:$1,000
Mom Loan 3:$200
Credit Card:$735.88
Dad Loan 1:$800
Dad Loan 2:$550
Dr. Bill 1:$225
Dr. Bill 2:$70
Dr. Bill 3:$70
TOTAL DEBT = $2,536.64 of original $16,515.88 remaining
TOTAL SAVED = $1,000.00 of $1,000 in BABY STEP 1 E-FUND
Feb 11, 2010, 01:44PM PST | 6 cheers | 0 comments
Looking back at when I first started paying everything off last year, I am really proud that I not only have eliminated a vast majority of my debts, but also that I’ve not borrowed from any family, friends, coworkers, etc. since then. What a great feeling to not only repay my obligations but to have stopped borrowing from others and being a burden on them! Now just waiting to do my tax return and pay off a large chunk of student loan…
CURRENT STATS
Student loan: $2,637.80 (APR -1.625%)
Mom Loan 1:$2,000
Mom Loan 2:$1,000
Mom Loan 3:$200
Credit Card:$735.88
Dad Loan 1:$800
Dad Loan 2:$550
Dr. Bill 1:$225
Dr. Bill 2:$70
Dr. Bill 3:$70
TOTAL DEBT = $2,637.80 of original $16,515.88 remaining
TOTAL SAVED = $1,000.00 of $1,000 in BABY STEP 1 E-FUND
Feb 03, 2010, 01:22PM PST | 1 cheer | 0 comments
More payment added & since my apartment/landlord screwed up by not repairing a major issue for 10 days another $100 off rent – will apply that towards debt when I get paid next week! Last lump sum will be from taxes so looking forward to getting those done and killing off a big piece of what I have left! I think I can say this will be done by May now.
CURRENT STATS
Student loan: $2,796.19 (APR -1.625%)
Mom Loan 1:$2,000
Mom Loan 2:$1,000
Mom Loan 3:$200
Credit Card:$735.88
Dad Loan 1:$800
Dad Loan 2:$550
Dr. Bill 1:$225
Dr. Bill 2:$70
Dr. Bill 3:$70
TOTAL DEBT = $2,796.19 of original $16,515.88 remaining
TOTAL SAVED = $1,000.00 of $1,000 in BABY STEP 1 E-FUND
Jan 21, 2010, 12:25PM PST | 3 cheers | 0 comments
