Category Archives: Debt

The One We Were Waiting For

Credit Card #1 has been a thorn in our side for over two years. We have a huge balance at a fairly high interest rate we have been chipping away at, but it’s been slow going. Right before the new … Continue reading

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Filed under Debt, Debt Elimination

It Was a Very Good Year

I just finished peeling myself off the floor. Mr. Losing It emailed me a few minutes ago to let me know that his company had a very, very good year, his department in particular, and that after taxes his annual … Continue reading

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Filed under Celebrations, Debt

Wednesday Odds ‘n’ Ends

Or, stuff not big enough for a whole post . . . End-of-the-month figures are in and we paid another $1108.06 toward our debt. Yeah! Actually, we paid $1357.77 last month, meaning $249.71 went to interest. Boo. I am feeling … Continue reading

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Filed under Debt, Frugal Shopping

Third Quarter 2011 Debt Update: Slowed to a Crawl

All payments have been made for September, and this last quarter shows us more like tortoises than hares. At the end of the second quarter we were feeling like we were on a roll with our debt repayment, but then … Continue reading

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Filed under Budgets, Debt, Debt Elimination

We Bought a Car

Not a new car, but a three year-old silver Honda Odyssey with only 35,000 miles, and still under warranty. It has all the bells and whistles imaginable, and I love it. Mr. Losing It and I sat down on Sunday … Continue reading

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Filed under Debt, Debt Elimination

Penny Foolish and Pound Wise

I want to start out by saying how much I’ve loved not having a car payment for the last year. But goodbye to all that, as they say. The “check oil-pressure” light went on yesterday followed by the flashing STOP! … Continue reading

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Filed under Debt

Second Quarter 2011 Debt Update: Making Progress!

The second quarter of this year doesn’t officially end until Thursday, but all the payments have been made for the month so it was time to crunch the numbers and see how we did on this section of our journey … Continue reading

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Filed under Debt, Debt Elimination

A Fork in the Road

As we got close to paying off our adoption loan earlier this month Mr. Losing It and I began to think about which of our remaining debt to turn our laser-focus on next. We still owe on three credit cards … Continue reading

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Filed under Debt, Debt Elimination

Half-Way There

As of this week we have paid off more than half of the debt we started with in January 2010. While paying off more than $33,000 worth of debt in less than 18 months is certainly a milestone to be … Continue reading

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Filed under Debt, Debt Elimination

First Quarter 2011 Debt Update: Still A Heavy Load

The first quarter of 2011 ends today, and it’s time to update how we’re doing with eliminating that load o’ debt we continue to carry. It’s been a pretty typical quarter for us, with emergency and other unexpected expenses popping … Continue reading

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Filed under Debt, Debt Elimination