Now that the rummage sale is over I am focusing on getting my remaining sales inventory organized in my "Store" and packed and labeled nicely for future sales. I am also back on my FB sales, posted 2 different items for sale last night (have multiples of each of them) and sold 39 items for $81.00!! 14 items (adult coloring books) I paid .99 for and sold for $4.00 each. 25 items (cute kids magnet pages) I paid .29 for and sold for $1.00 each. Can't wait to get back into a regular rotation on sales of posting 2-3 different items each day to keep a nice flow to savings. Need to get back into couponing too to get more deals!
Finally got OT back at work, I don't know how long it will last so I am working as much as I can now before they take it away again. I worked 10hrs OT last week, 15 hours this week and plan to do 15 again next week. That will definitely help with upcoming winter/Christmas bills.
I am thinking about doing a crazy stretch goal......I would really like to payoff Mom Loan #2 by 6/19/17. That is my and MO's 2 year debt racing anniversary for when we added his debts to my mortgage and started tracking them together. The loan is currently at $25,224.10, with our normal payments ($600*8 months) the balance would go down about $4400 by then to $20,800.00. we currently have a hair over $8K in savings, so if things kept even, we would need at least $13,000. That is doable....but just barely and without having to take much out of savings between then and now. I told MO my plan and he seemed a little leery...then a few hrs later he came up to me with a piece of paper and some number crunching he had done to show how we could make it . It will be super important that we drastically curb eating out and casino if we want to make this goal. This would also help our waistlines. Cheers to goals!!
I would have paid another $35.00 to My Mortgage to get to the next even amount, but since we are wanting to do this stretch goal, I just put an extra $35 in savings for the Mom Loan instead
Celebrations for this update:
-Total debt went down $1345.26 in the last 2 weeks!
-My Mortgage went under the next $1000 mark!
-Bad Debt (Store Loan and Mom Loan) went under the next $1000 mark!
-Total debt went under $530K!
Also we are closing in on $150K paid off!!
Student Loan $0
Payback Savings $0
David's Bridal $0
Scheel's Card $0
Total Rewards $0
LOC - US Bank $0
Ring Iddeal $0
Best Buy $0
HELOC $0
Store Loan $10,659.93
Mom Loan #2 $25,224.10
MO Mortgage $86,430.44
My Mortgage $154,935.00
Our Mortgage $252,080.12
Total = $529,329.28
Down $1345.26 in the last 2 weeks!!
Starting total was $587,351.27
$58,021.99 paid off since 6/19/15 (including downpayment on house).
We have $640.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $24,584.10.
Debt Update as of 10/14/16 - New Stretch Goal
October 14th, 2016 at 09:30 pm
October 14th, 2016 at 11:17 pm 1476487044
October 15th, 2016 at 08:24 am 1476519856
October 17th, 2016 at 06:41 pm 1476729684