Pay back my parents

almost done!

So after a year of saving/paying off debt we finally made our first payment to my parents for the move; however, as my mom has always said I will never be able to pay her back for giving me life. But I always tell her that I can start somewhere at least. So for now its the 5k for moving, then itll be the 17k for the car, then itll be the 60k for college.

and on top of that we owe his parents too. looks like even if we aren’t in debt with the government, we will always be with someone.

Let’s see…
My DUI court fees, bailbonds, and attorney: $2000
All the college courses I dropped or failed: about $2000
Money I took from them under false pretenses to buy drugs and alcohol: who knows?

It seems I owe them about a year’s salary, at the rate I’m making it. I am just starting out in my field, massage therapy; and my own business as well. I’m going back to school this fall to finish my business degree so that I can be a confident and savvy businesswoman. Some mush-mouths might say that’s payment enough for them, getting myself onto my own two feet, albeit “FINALLY!!!!” But I say no, they deserve more, much more, and so do I. What do I want? I want my parents respect. I fear I will never get it and always be insecure, needy, wanting approval. How do I start to pay them back? I pray for strength and guidance…

I have about 2,000 more dollars til i pay off my car completely to my dad. I hope i can do this before i move to chicago.

It’s amazing how quickly a few hundred dollars a month adds up! I was able to stop the automatic payments from my payroll to my Dad’s checking account in June. I was also applying for a mortgage at that time, and was actually able to use these loan payments in one of the letters I had to write to qualify for the mortgage. I think the Loan Officer was wondering why I made so darn much money, but had nothing to show for it. I was able to show how much money I have paid to other people over the last 4 years—$10K to my parents, $8K to my attorney, and over $40K to my ex-husband and his new wife. Pretty significant!

The timing was perfect, as I am now a homeowner, moved into my new house and anticipating a much higher monthly payment for housing beginning in September. I’m still setting money aside, though, transferring $150 every pay period into savings accounts, and 5% of each paycheck into my 401(k).

I finally feel like a “grown up” now!

I will be eternally-grateful that my parents were able to help me so much during a dark time. I am also grateful that I was able to pay it back reasonably quickly. I hope I will never need their help again—my goal is to be completely self-reliant.

$300 left to pay!

My dad gave me $5,000 to buy a car. I’m down to $3,500 and still haven’t gotten a car. I won’t be able to pay him back until after I get my car and start making more money. But I will.

I figure I owe them $7000

Once I finished my alimony payments to the Ex, I bumped up the payments to my parents, so I still have that monthly payment, but at least it is going to a far more deserving recipient. Sometimes, when I think about all the other things I could be doing with that money, I cringe, but I know that I only have another year to go, and I will be done. It’s important that I pay them back in full. I am EXTREMELY grateful that they were there for me and helped me when I needed it. I am so lucky to have them. I would have ended my marriage 3 years earlier if I had known they would be so willing to come to my aid. The monetary issues surrounding divorce kept me in the game far longer than I should have been.

I am fortunate to have a Support System and a good job. I am so much luckier than so many other women who are trapped by their circumstances.

I make the payments to my parents through an automatic deduction from my payroll office directly into their checking account. All I have to do is look at my paystub to see my progress. It’s amazing how quickly a few hundred dollars per month adds up! I know that someday those few hundred dollars will be in my checking account, and then, because I am used to having that financial commitment to pay, I’ll be able to channel it into something really rewarding, like a vacation fund or adding to my kids’ college savings plans. And even though that is in the future, it is still good to know that I am repaying my debt. That, in and of itself, is rewarding, too!