Pay off our debt

We paid off one 10k loan and the other is under 3k now..woohoo..we are getting there!

Save more….spend less….make more….pay off debt.

love to pay off my debt i have a baby on the way and i’m in the army and i’m trying to pay off my debt i’m at around $40,000 in debt but $30,000 is case i bought a new SUV for my wife cuz of the baby but it looks like when i get so close to paying it all off “BAM” i need to go spend more then i make again.

www.myspace.com/kroppy04

So, we sold off a few stocks to pay off another credit card….this one has a whopping $6000 balace! Once we get the check from our brokerage this one will be gone. Two more big ones after this and we’ll be down to just our vehicles and mortgage. Our savings is still crap and we are still broke as soon as we get paid….but hey….we’ve got our faith, our health and our beautiful babies!!!

I quit my job almost a year and a half ago to stay at home with our brand new (and first) baby. To our surprise baby #2 came only 13 months later. So, now we’re minus my $40K+ income and we are now paying $700 per month out of pocket for health insurance that we didn’t pay when I was working(I have med. issues). During this time our savings has been depleted to what I consider nothing and our credit card debt has increased. With the costs of childcare it’s not worth me even attempting to go back to work.
We attended a financial seminar last week and we cut up all of our credit cards when we got home. Our plan is to use the “snowball” effect to pay off these debts (everything minus our house and cars). My husband and I are on fire about this and I hope we can maintain our enthusiasm. I paid off two store cards with small balances this week and it felt good, I’m hoping to pay off one more at the end of the month and then we will start tackling the four monsters (three with over $3500 on them and one with WAY more than that).
I hope this is possible…...

Since the university has not been paying me for two months now and we cannot live on my husband’s income alone, we’ve got a bit of a credit card debt. Our goal, after we get our income tax refund, is to pay back-tithes (the tithing we’ve missed for a few months0 and to pay off that credit card.

We’ve been paying the minimum amount for Troy’s school loans, for the last couple of months, since we’re not making as much anymore.

Well, we’ve paid off my hospital bill and my anesthesia bill. Don’t know what the baby’s bill will look like, especially since she spent 10 days in the Neonatal Intensive Care Unit. She was a term baby and a normal size baby, but she had underwent so much fetal distress in utero, swallowing loads of meconium, she needed lots of help. Whatever the case, can’t put the price tag on a healthy baby. We’re so glad she’s out of the woods and is a healthy baby

hate debts, even school loans. seems like the job of paying them off never ends. and, i’m not even convinced that once the job is done, we’ll feel rewarded. oh well, if it must be done, it must be done.

hooray for education. booh for school debts.

completed this november 2005!