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Debt Update - 10/13/17

October 13th, 2017 at 06:30 pm

$1414.56 paid off in the last 2 weeks!!!

Celebrations for this update:
-$1414.56 paid off in the last 2 weeks!
-Mom Loan went under the next $1000 mark!
-Total Debt went under the next $1000 mark for the third update in a row!

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 $7,693.42
Mom Loan #2 $18,466.86
MO Mortgage $84,292.75
My Mortgage $150,650.00
Our Mortgage $247,474.44
Total = $508,577.47

Down $1414.56 in the last 2 weeks!!

Starting total was $587,351.27
$78,773.80 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $2415 in a savings account to pay off the Mom Loan, so the amount we still owe that is $16,620.13.

Debt Update - 9/29/17

September 28th, 2017 at 08:23 pm

$307.11 paid off in the last 2 weeks!!!

It was a small update this 2 weeks as the only payments were to our 2 smallest payment debts. We were $8 away from getting under the next $1000 mark for total debt, so I threw $10 at My Mortgage, which also got that under the next $1000 mark. Even $10 feels good when it's going in the right direction! Next update 4 out of our 5 debts will go down so it will be a nice one!

Celebrations for this update:
-$307.11 paid off in the last 2 weeks!
-Race #1/My Mortgage went under the next $1000 mark!
-Total Debt went under the next $1000 mark for the second update in a row!


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 $7,808.62
Mom Loan #2 $19,035.13
MO Mortgage $84,292.75
My Mortgage $150,990.00
Our Mortgage $247,865.53
Total = $509,992.03

Down $307.11 in the last 2 weeks!!

Starting total was $587,351.27
$77,359.24 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $2415 in a savings account to pay off the Mom Loan, so the amount we still owe that is $16,620.13.

Debt Update - 9/15/17

September 15th, 2017 at 09:28 pm

$904.77 paid off in the last 2 weeks!!!

So happy that getting under $500K for total debt is getting more and more achievable! Savings is going good and payments are rolling us down quickly! So many great celebrations on this update!

In not so fun news - My car (the vehicle we both try to use the most for low gas mileage) that we just spent something like $1000 on in repairs is down again. We just drove it out of town, 4 hrs each way, all in one day, and it ran great and was totally fine. Then two days later we get in to go to dinner and the power steering is out (again) and smoking. We just had that repaired about 4 weeks ago. MO is going to talk to the mechanic and see if we can get it fixed for free since their repair wasn't satisfactory. If not I think it's time to say goodbye for good. We have 3 other vehicles, so we won't need to deal with any replacement costs, but still sad to see my car of 9 years bite the dust.

Also we decided to do an impromptu trip to Laughlin at the end of Sept. MO starts coaching in October and that takes up all of his time till March, so we decided to get in one more trip this year. We go on a lot of group and family trips, this time it's just going to be the two of us, so that will be nice.


Celebrations for this update:
-$904.77 paid off in the last 2 weeks!
-Bad Debt went under the next $1000 mark!
-Store Loan went under the next $1000 mark!
-Our Mortgage went under the next $1000 mark!
-Total Debt went under the next $1000 mark!

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 $7,923.73
Mom Loan #2 $19,035.13
MO Mortgage $84,474.75
My Mortgage $151,000.00
Our Mortgage $247,865.53
Total = $510,299.14

Down $904.77 in the last 2 weeks!!

Starting total was $587,351.27
$77,052.13 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $2340 in a savings account to pay off the Mom Loan, so the amount we still owe that is $16,695.13.

Debt Update - 9/1/17

August 31st, 2017 at 05:31 pm

Celebrations for this update:
-$682.26 paid off in the last 2 weeks!

We were only $203.91 from going under the next $1000 mark, and this would be the 6th update in a row, so I considered just throwing the extra $205 against my mortgage (the only debt we can easily make extra payments on), but decided since that isn't our focus right now to just hold onto it and stick with the plan.

I'm receiving a $600 bonus next payday so hoping to put that whole amount in savings as cash flow finally seems to be leveling out after vaca.


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 $8,038.75
Mom Loan #2 $19,035.13
MO Mortgage $84,474.75
My Mortgage $151,400.00
Our Mortgage $248,255.28
Total = $511,203.91

Down $682.26 in the last 2 weeks!!

Starting total was $587,351.27
$76,147.36 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $2265 in a savings account to pay off the Mom Loan, so the amount we still owe that is $16,770.13.

Debt Update - 8/18/17

August 18th, 2017 at 08:39 pm

Celebrations for this update:
-$1035.26 paid off in the last 2 weeks!
-Total debt went under the next $1000 mark for the 5th update in a row!


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 $8,153.68
Mom Loan #2 $19,602.46
MO Mortgage $84,474.75
My Mortgage $151,400.00
Our Mortgage $248,255.28
Total = $511,886.17

Down $1035.26 in the last 2 weeks!!

Starting total was $587,351.27
$75,465.10 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $2190 in a savings account to pay off the Mom Loan, so the amount we still owe that is $17,412.46.

Back from Vegas! - Debt Update 8/4/17

August 8th, 2017 at 03:56 pm

We are back from Vegas! We didn't win big, but we didn't get our booties kicked either. Our flights, 7 day hotel stay (and our families rooms as well), lots of food, about $300 in gaming, poolside cabana (and $1000 poolside food/alcohol bill) were all comped. It was nice to be able to share some of our comps with my inlaws as well as they are always willing to help us out with watching our puppy girls. We also had a limo ride to and from the airport, a fancy BD dinner at Paris for my SIL's 21st BD, a ride on the High Roller, zipline on Fremont St., a tour of the Mob Museum, some of our group also went to The Blue Man Group, some to Penn and Teller, and my fave was Cher Concert on the last night! It was a great trip and had a lot of fun with hubby and his family. We probably won't go back this year, but we don't have kids so sometimes we go impromptu, so we shall see. With the amount we played through we will be able to get free rooms, etc for the rest of 2017 and 2018 as well.


Now on to financial business! We are right on track to be able to pay off the Mom Loan in Dec. We "could" pay it off now, but we need to have enough to pay off the loan, have our renters deposits in savings in case someone moved out, and have a little EF. Total we need is about $21,750, right now we have about $17K so we need to save another $5K by Dec. That would be a fabulous paydown, and we would blow past the $500K mark. I can't wait! So time to put our nose to the grindstone and get that last bit into savings!


Celebrations for this update:
-$681.14 paid off in the last 2 weeks!
-Mom Loan went under the next $1000 mark and under $20K!!!!!
-Total debt went under the next $1000 mark for the 4th update in a row!


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 $8,268.52
Mom Loan #2 $19,602.46
MO Mortgage $84,656.75
My Mortgage $151,750.00
Our Mortgage $248,643.70
Total = $512,921.43

Down $681.14 in the last 2 weeks!!

Starting total was $587,351.27
$74,429.84 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $2115 in a savings account to pay off the Mom Loan, so the amount we still owe that is $17,487.46.

Debt Update as of 7/21/17

July 21st, 2017 at 09:39 pm

$1033.76 paid off in the last 2 weeks!

Celebrations for this update:
-$1033.76 paid off in the last 2 weeks!
-My Mortgage went under the next $1000 mark!
-Our Mortgage went under the next $1000 mark!
-Total debt went under the next $1000 mark for the 3rd update in a row!
-Payoff on Race #3 passed $35K

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 $8,383.27
Mom Loan #2 $20,168.85
MO Mortgage $84,656.75
My Mortgage $151,750.00
Our Mortgage $248,643.70
Total = $513,602.57

Down $1033.76 in the last 2 weeks!!

Starting total was $587,351.27
$73,748.70 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $2035 in a savings account to pay off the Mom Loan, so the amount we still owe that is $18,133.85.

Debt Update - 7/7/17

July 7th, 2017 at 09:28 pm

$680.02 paid off in the last 2 weeks!

Celebrations for this update:
-Total debt went down $680.02 in the last 2 weeks!
-Bad Debt (Mom Loan and Store Loan combined) went under the next $1000 mark!
-Total Debt went under the next $1000 mark!


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 $8,497.94
Mom Loan #2 $20,168.85
MO Mortgage $84,838.75
My Mortgage $152,100.00
Our Mortgage $249,030.79
Total = $514,636.33

Down $680.02 in the last 2 weeks!!

Starting total was $587,351.27
$72,714.94 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $1960 in a savings account to pay off the Mom Loan, so the amount we still owe that is $18,208.85.

Debt Update - 6/23/17

June 26th, 2017 at 05:31 pm

$1001.93 paid off in the last 2 weeks!

Celebrations for this update:
-Total debt went down $1001.93 in the last 2 weeks!
-MO Mortgage went under the next $1000 mark!

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 $8,612.52
Mom Loan #2 $20,734.29
MO Mortgage $84,838.75
My Mortgage $152,100.00
Our Mortgage $249,030.79
Total = $515,316.35

Down $1001.93 in the last 2 weeks!!

Starting total was $587,351.27
$72,033.67 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $1880 in a savings account to pay off the Mom Loan, so the amount we still owe that is $18,854.29.

Debt Update as of 6/9/17

June 9th, 2017 at 11:32 pm

$678.90 paid off in the last 2 weeks!

Celebrations for this update:
-Total debt went down $678.90 in the last 2 weeks!
-Race #2 went under the next $1000 mark, and under $30K!
-Mom Loan went under the next $1000 mark!
-We officially have more $$ in savings then we owe on the Mom Loan!!!!
-Savings still holding over $20K!


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 $8,727.01
Mom Loan #2 $20,734.29
MO Mortgage $85,020.43
My Mortgage $152,450.00
Our Mortgage $249,416.55
Total = $516,318.28

Down $678.90 in the last 2 weeks!!

Starting total was $587,351.27
$71,032.99 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $1805.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $18,929.29.

Debt Update as of 5/26/17

May 26th, 2017 at 10:04 pm

$324.31 paid off in the last 2 weeks!

Celebrations for this update:
-Total debt went down $324.31 in the last 2 weeks!
-Total debt went under the next $1000 mark for the 4th update in a row!

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 $8,841.41
Mom Loan #2 $21,298.79
MO Mortgage $85,020.43
My Mortgage $152,450.00
Our Mortgage $249,416.55
Total = $516,997.18

Down $324.31 in the last 2 weeks!!

Starting total was $587,351.27
$70,354.09 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $1725.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $19,573.79.

Debt Update 5/12/17

May 12th, 2017 at 04:25 pm

$1412.24 paid off in the last 2 weeks!

Celebrations for this update:
-Total debt went down $1412.24 in the last 2 weeks!
-Total debt went under the next $1000 mark for the 3rd update in a ro!
-Store Loan went under the next $1000 mark!


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 $8,955.72
Mom Loan #2 $21,298.79
MO Mortgage $85,200.43
My Mortgage $152,450.00
Our Mortgage $249,416.55
Total = $517,321.49

Down $1412.24 in the last 2 weeks!!

Starting total was $587,351.27
$70,029.78 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $1650.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $19,648.79.

Debt Update 4/28/17

May 1st, 2017 at 10:43 pm

$293.96 paid off in the last 2 weeks!

Celebrations for this update:
-Total debt went down $293.93 in the last 2 weeks!
-Total debt went under the next $1000 mark.

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 $9,069.95
Mom Loan #2 $21,862.36
MO Mortgage $85,200.43
My Mortgage $152,800.00
Our Mortgage $249,800.99
Total = $518,733.73

Down $293.96 in the last 2 weeks!!

Starting total was $587,351.27
$68,617.54 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $1570.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $20,292.36.

Debt Update as of 4/14/17

April 14th, 2017 at 07:15 pm

$1409.79 paid off in the last 2 weeks!


Celebrations for this update:
-Total debt went down $1409.79 in the last 2 weeks!
-Mom Loan went under the next $1000 mark!
-Rental #2 went under the next $1000 mark!
-Our Mortgage went under the next $1000 mark, and under $250K! Plus we reached $20K paid off on Our Mortgage!
-Total debt went under the next $1000 mark, and under $520K!

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 $9,184.09
Mom Loan #2 $21,862.36
MO Mortgage $85,380.25
My Mortgage $152,800.00
Our Mortgage $249,800.99
Total = $519,027.69

Down $1409.79 in the last 2 weeks!!

Starting total was $587,351.27
$68,323.58 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $1495.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $20,367.36.

Debt Update - 3/31/17

April 5th, 2017 at 10:22 pm

$293.11 paid off in the last 2 weeks!

Low update week, the next will be really good, AND will get us under $520K for overall debt! This update is just a little late, the update date is as of 3/31/17.


Celebrations for this update:
-Total debt went down $293.11 in the last 2 weeks!
-Savings past $18K!!


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 $9,298.14
Mom Loan #2 $22,424.98
MO Mortgage $85,380.25
My Mortgage $153,150.00
Our Mortgage $250,184.11
Total = $520,437.48

Down $293.11 in the last 2 weeks!!

Starting total was $587,351.27
$66,913.79 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $1495.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $20,929.98.

Debt Update - 3/17/17

March 19th, 2017 at 02:15 pm

$845.69 paid off in the last 2 weeks!

Still waiting for MO's bonus, hopefully it will be on his next paycheck. In the meantime I am going to stop being lazy and get back on the OT train with 15hrs this week.

Also still waiting for the bill for my car repairs, small town so even though it was fixed and returned to us a week ago, we still haven't been given a bill yet.

Our weekend away last weekend was a nice break and now it's time to hit the work and hustle hard until our Laughlin/Vegas vaca (in 29 days!!!)

Celebrations for this update:
-Total debt went down $845.69 in the last 2 weeks!
-Savings past $16K!!
-Total debt went under the next $1000 mark for the 3rd update in a row!

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 $9,412.10
Mom Loan #2 $22,424.98
MO Mortgage $85,559.40
My Mortgage $153,150.00
Our Mortgage $250,184.11
Total = $520,730.59

Down $845.69 in the last 2 weeks!!

Starting total was $587,351.27
$66,620.68 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $1340.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $21,084.98.

Debt Update - 3/3/17

March 6th, 2017 at 01:23 am

$675.48 paid off in the last 2 weeks! 

MO and I both made our dietbets and are both down about 15lbs!

We are going away just for the weekend this next weekend, just the two of us, no friends, no family, no puppies....excited for some QT with my man!

Celebrations for this update:
-Total debt went down $675.48 in the last 2 weeks!
-Savings past $14K!!
-Total debt went under the next $1000 mark!

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 $9,525.98
Mom Loan #2 $22,424.98
MO Mortgage $85,559.40
My Mortgage $153,500.00
Our Mortgage $250,565.92
Total = $521,576.28

Down $675.48 in the last 2 weeks!!

Starting total was $587,351.27
$65,774.35 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $1260 in a savings account to pay off the Mom Loan, so the amount we still owe that is $21,164.98.

Debt Update - 2/17/17

February 21st, 2017 at 08:00 pm

MO and I have 7 days left to make our Feb dietbets, and it is going to be tough! I have 4.5lbs to go! MO has a lot more then that, but like most guys he seems to be able to lose 5lbs a day when he really wants to. Hopefully we can make it and get paid!!

Savings is going really well, but I am worried with me not working any OT the last 2 weeks about my paycheck being sad, but we are spending a lot less too, so that is good. I think I may try to do just 5 hrs a week in OT going forward so that there is still some padding on my paycheck.

Celebrations for this update:
-Total debt went down $1027.62 in the last 2 weeks!
-Savings past $11K!!

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 $9,639.77
Mom Loan #2 $22,986.67
MO Mortgage $85,559.40
My Mortgage $153,500.00
Our Mortgage $250,565.92
Total = $522,251.76

Down $1027.62 in the last 2 weeks!!

Starting total was $587,351.27
$65,099.51 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $1185.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $21,801.67.

Debt Update as of 2/3/17

February 6th, 2017 at 01:45 am

Little drive-by update while we watch the Super Bowl (So damn full!!), $674.36 paid down in the last 2 weeks!

MO and I both won our January dietbets and immediately signed up for 3 more each.   So we made a little cash and lost about 20lbs between us.  After today will be getting back on the wagon with that!

Our taxes are filed!  $4011 is our combined refunds for Federal and State.  The majority is going to pay our property taxes to our two rentals, and then the remainder to get 2 new tires and oil change on one of our vehicles.  If anything is left it will probably be less then $100 and I will be letting us have that for some fun money as it is much needed!   Sad to see it all spent so quickly, but those are necessary expenses and I am happy to not have to take that money out of savings!


Celebrations for this update:
-Total debt went down $674.36 in the last 2 weeks!
-Mom Loan went under the next $1000 mark!

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 $9,753.47
Mom Loan #2 $22,986.67
MO Mortgage $85,742.82
My Mortgage $153,850.00
Our Mortgage $250,946.42
Total = $523,953.74

Down $674.36 in the last 2 weeks!!

Starting total was $587,351.27
$63,397.53 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $1105.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $21,881.67.

Debt Update 1/20/17

January 19th, 2017 at 04:02 pm

Nothing much new to report here other then I caught some lovely sickness (maybe very bad cold or strep?) that has been going around, and it has laid me up pretty good. I managed to not miss any work yet (only because I work from home, no way I would be dragging myself into the office like this), but have declined any OT this week so I can rest as much as possible when I'm not working my normal hours. Hopefully I will be going back in the healthy direction soon! On the plus side my declined appetite has helped me in New Years weight loss resolutions and I am down 10.8lbs since the 1st! Ha, I take weight loss however I can get it!

Celebrations for this update:
-Total debt went down $1017.73 in the last 2 weeks!
-Payoff since added my mortgage with MO's debt on 6/19/15 has passed $60K!
-Race #1 went under the next $1000 mark!
-Total debt went under the next $1000 mark!
-Savings balance passed $10K!

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 $9,867.08
Mom Loan #2 $23,547.42
MO Mortgage $85,742.82
My Mortgage $153,850.00
Our Mortgage $250,946.42
Total = $523,953.74

Down $1017.73 in the last 2 weeks!!

Starting total was $587,351.27
$63,397.53 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $1030.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $22,517.42.

Debt Update - 1/6/17

January 11th, 2017 at 04:14 am

First update of 2017, $673.27 paid down in the last 2 weeks!

Our savings is the highest it has been since last April when we paid off Mom Loan #1, we are back up to $9500.  Plus we have $1600 set aside for last years 52 Week Challenge and a good start on this years.  Well on our way to payoff Mom Loan #2!

I am also going to change my biweekly deposit to the Mom Loan Savings Account from $50 to $75.  It's not much, but every little bit helps, and with me working so much OT I definitely won't miss an extra $25 a paycheck.

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 $9,980.61
Mom Loan #2 $23,547.42
MO Mortgage $85,917.82
My Mortgage $154,200.00
Our Mortgage $251,325.62
Total = $524,971.47

Down $2673.27 in the last 2 weeks!!

Starting total was $587,351.27
$62,379.80 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $955.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $22,592.42.

Debt Update 12/23/16 More OT updates and Blizzard on its way

December 23rd, 2016 at 08:56 pm

Back on the sad update week, $288.38 down in the last 2 weeks!

My work has now opened up Saturdays and the 2 holiday days up for OT in January in addition to the already unlimited OT during the week. For the holidays that means we are already getting paid for the day for 8 hrs for holiday pay and then any hrs I work will be paid in addition to the 8 I already automatically get paid for. I will definitely be cashing in on both of these as well as doing about 4 hrs on Saturday mornings when I am normally just bumming around the house anyways....might as well step away from the TV and into my office and get some work done! I'm excited at the progress this may provide us in paying for bills we would normally be taking out of savings. We were already able to cover the $2500 insurance bill for our 2 rental properties without taking any out of savings. We have a $2300 property tax bill due in Feb for one of the rentals and I think we can definitely use the OT pay to cover that as well and leave savings untouched!

I have the entire next week off! I am so excited!! No big plans....putting away Christmas presents and decorations, cleaning out the fridge, working out, resting up for the crazy OT in January. Only one more day till relaxation!

Weather is expected to get really bad the next few days here (so right over Christmas Eve and Christmas Day) and is expected to be blizzarding with no travel advised by Christmas evening....which is a bummer because we have to drive 1 hr away for the holidays and will probably have to leave early to get back safely. We shall see how it goes!


Celebrations for this update:
-Total debt went down $288.38 in the last 2 weeks!
-Race #3 went under the next $1000 mark!
-Just 1 more payment and the Store Loan will be under $10,000 and lose a whole digit!
-A lot of big milestones will be hit shortly after the new year

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 $10,094.05
Mom Loan #2 $24,107.25
MO Mortgage $85,917.82
My Mortgage $154,200.00
Our Mortgage $251,325.62
Total = $525,644.74

Down $288.38 in the last 2 weeks!!

Starting total was $587,351.27
$61,706.53 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $900.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $23,207.25.

Debt Update 11/25/16 and 12/9/16

December 11th, 2016 at 11:16 pm

I didn't get around to posting the debt update for the day after Thanksgiving, so here is that update and the current update.
______________________________________________________
Update as of 11/25/16

Celebrations for this update:
-Total debt went down $240.46 in the last 2 weeks!
-Bad Debt went under the next $1000 mark!
-Passed $60K paid off since 6/19/15!!!


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 $10,320.66
Mom Loan #2 $24,666.14
MO Mortgage $86,092.85
My Mortgage $154,550.00
Our Mortgage $251,703.52
Total = $527,333.17

Down $240.46 in the last 2 weeks!!

Starting total was $587,351.27
$60,018.10 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $850.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $23,816.14.

------------------------------------------------------
Update as of 12/9/16

Celebrations for this update:
-Total debt went down $1400.05 in the last 2 weeks!
-Total debt went down the next TWO thousand dollar marks!! ($527K to $525K)
-Passed $60K paid off since 6/19/15!!


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 $10,207.40
Mom Loan #2 $24,107.25
MO Mortgage $86,092.85
My Mortgage $154,200.00
Our Mortgage $251,325.62
Total = $525,933.12

Down $1400.05 in the last 2 weeks!!

Starting total was $587,351.27
$61,418.15 paid off since 6/19/15 (including downpayment on house)!!!!!

We have $850.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $23,257.25.


Debt Update - 11/11/16

November 14th, 2016 at 05:35 pm

Great update! Down $1397.65 in the last 2 weeks!!

Celebrations for this update:
-Total debt went down $1397.65 in the last 2 weeks!
-Total debt went under the next $1000 mark!
-Mom Loan went under the next $1000 mark!
-Our Mortgage went under the next $1000 mark
-Third update in a row to go under the next $1000 mark for total debt!
-We passed $150K paid off!!!!! (since I started paying off my mortgage in 2007).

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 $10,433.84
Mom Loan #2 $24,666.14
MO Mortgage $86,220.13
My Mortgage $154,550.00
Our Mortgage $251,703.52
Total = $527,573.63

Down $1397.65 in the last 2 weeks!!

Starting total was $587,351.27
$59,777.64 paid off since 6/19/15 (including downpayment on house).

We have $745.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $23,921.14.

Debt Update - 10/28/16

October 30th, 2016 at 03:34 am

It's our low update week, just $358.00 paid off in the last 2 weeks.

I finally got my garage cleaned back out after the rummage sale, what a good feeling to have a completely cleaned out garage!  FB sales have been going great and very busy. 

OT has been continuing at work, I have 55 hrs of OT in so far this month.  Paychecks have been NIIIIIICE!  MO and I also completed a wellness program at my work to get reimbursed for $600 of insurance premiums for the year, that should be on the next paycheck along with 30hrs OT and my monthly internet reimbursement so my check next week will be awesome!

We were just $6.00 from going under the next $1000 mark for total debt, so I paid the extra $35.00 to Rental #2 Mortgage to get that to the next $100 mark and get us under the total debt $1000 mark. 


Celebrations for this update:
-Total debt went down $358.00 in the last 2 weeks!
-Total debt went under the next $1000 mark!
-Second update in a row to go under the next $1000 mark!


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 $10,546.93
Mom Loan #2 $25,224.10
MO Mortgage $86,220.13
My Mortgage $154,900.00
Our Mortgage $252,080.12
Total = $528,971.28

Down $358.00 in the last 2 weeks!!

Starting total was $587,351.27
$58,379.99 paid off since 6/19/15 (including downpayment on house).

We have $695.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $24,529.10.

Debt Update as of 10/14/16 - New Stretch Goal

October 14th, 2016 at 09:30 pm

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 - 9/30/16

September 30th, 2016 at 03:56 am

We leave for a Vegas tomorrow!

Celebrations for this update:
-Total debt went down $322.83 in the last 2 weeks!

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 $10,772.85
Mom Loan #2 $25,781.13
MO Mortgage $86,430.44
My Mortgage $155,235.00
Our Mortgage $252,455.43
Total = $530,674.54

Down $322.83 in the last 2 weeks!!

Starting total was $587,351.27
$56,676.73 paid off since 6/19/15 (including downpayment on house).

We have $555.00 in a savings account to pay off the Mom Loan, so the amount we still owe that is $24,721.13.

Debt Update - 9/16/16

September 19th, 2016 at 02:13 am

Well our normal payments got us to $531,132.37 this update.....so to keep the "getting under the next $1000 mark streak alive I made a $135 principle payment to the mortgage for Rental #2! Soooooo...This is the 6th update in a row that we have went under the next $1000 mark for total debt! This will for sure be the end of the streak as the next update will only be down a few hundred dollars and we definitely cant throw an extra $800 on debt and keep our goals in order. But pretty proud of us for keeping it going this long!


We leave for a Vegas Vacation with 2 other couples in 12 days! Just really happy with how things are going right now!! Feels like our hard work is paying off!!


Celebrations for this update:
-Total debt went down $668.76 in the last 2 weeks!
-Mom Loan went under the next $1000 mark!
-Store Loan went under the next $1000 mark!
-Total debt went under the next $1000 mark!

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 $10,885.68
Mom Loan #2 $25,781.13
MO Mortgage $86,640.44
My Mortgage $155,235.00
Our Mortgage $252,455.43
Total = $530,997.37

Down $931.77 in the last 2 weeks!!

Starting total was $587,351.27
$56,353.90 paid off since 6/19/15 (including downpayment on house).

We have $500 in a savings account to pay off the Mom Loan, so the amount we still owe that is $25,281.13.

Debt Update - 9/2/16

September 7th, 2016 at 04:52 pm

Although our total debt only went down $668.76 in the last two weeks, we had some great celebration marks! This is the 5th update in a row that we have went under the next $1000 mark for total debt! And our two smallest debts both went under the next $1000 mark, love seeing those numbers go down! I am pretty sure our streak of getting under the next $1000 mark will end at 5...we would have to go down $929.14 for the next update and I think it will be about $700, oh well it was a great run and maybe we will get a windfall and knock something down more!

We are in full rummage sale mode. My Mom came up and helped me sweep and spray out the garage, first time since we moved in last year that the garage has actually been cleaned out. We started getting tables organized and set up planned. We are planning on having it the weekend of Sept. 23rd. If you have read my blog at all you know our rummage sales are major events (last year we made over $8.8K at one, and most of our items are $1-$3....we move some SERIOUS inventory!). I am nervous as the town I live in now only has about 3000 people.....where I lived before I am sure more people came to the rummage sale then live in my whole town now! Hopefully all the planning, cleaning and marking is worth it.

I overdrew my checking account over the holiday weekend....I had deposited 3 rent checks totaling $2450.00 on my banks mobile app on 9/2, only one withdrawal was set up to go out for $350.00 and then when I checked my balance today I was overdrawn by $112 I checked the history and the deposits weren't there, I quickly realized the deposits had gone into my savings account rather then checking...apparently I fat fingered it. I called the bank and a 2 min convo fixed my $32 OD fee. I love my bank!

Celebrations for this update:
-Total debt went down $668.76 in the last 2 weeks!
-Mom Loan went under the next $1000 mark!
-Store Loan went under the next $1000 mark!
-Total debt went under the next $1000 mark!

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 $10,998.42
Mom Loan #2 $25,781.13
MO Mortgage $86,640.44
My Mortgage $155,680.00
Our Mortgage $252,829.46
Total = $531,929.14

Down $668.76 in the last 2 weeks!!

Starting total was $587,351.27
$55,422.13 paid off since 6/19/15 (including downpayment on house).

We have $500 in a savings account to pay off the Mom Loan, so the amount we still owe that is $25,281.13.

Debt Update - 8/19/16

August 21st, 2016 at 10:44 pm

This is the 4th update in a row that we have went under the next $1000 mark for total debt! YES! In addition we were actually just $30 away from going down a full $1000 in debt this update, so we threw an extra $35 at Rental #1 just to get over $1000 paid down this update.

My 3 nights a week of softball have finally ended for the summer and I am happy to have about 10-12 hrs a week back in my schedule! Fall coed softball starts in just a few weeks, but that will only be one night a week, and MO and I play on the same team so at least it is quality time! We are hoping to have a rummage sale in Sept, and that should help pull in some extra cash for savings.

Celebrations for this update:
-Total debt went down $1004.32 in the last 2 weeks!
-Rental #1 passed the next $1000 payoff mark!
-Our Mortgage passed the next $1000 payoff mark!
-Our Mortgage went under the next $1000 mark!
-Total debt went under the next $1000 mark!
-Total debt payoff passed $145K!

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 $11,111.08
Mom Loan #2 $26,337.23
MO Mortgage $86,640.44
My Mortgage $155,680.00
Our Mortgage $252,829.46
Total = $532,598.21

Down $1004.32 in the last 2 weeks!!

Starting total was $587,351.27
$54,753.06 paid off since 6/19/15 (including downpayment on house).

We have $425 in a savings account to pay off the Mom Loan, so the amount we still owe that is $25,912.23.


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