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Home > Debt Update as of 3/27/20 - How's Life

Debt Update as of 3/27/20 - How's Life

March 30th, 2020 at 08:43 pm

Normally I am bummed on the low update weeks, but this time I don't even care! We have so many exciting updates coming up with our debt, and this is just one more step towards that. Next update will payoff the Store Loan! I will FINALLY be able to start a snowball!! Not only will we have the $100 per payday from the Store Loan payments ($200 per month), but we also cancelled our cable and switched to Hula which is saving us $100+ a month. We are going to use the $100 savings plus the $200 Store Loan payments for our snowball ($300 total) and will be going after Race #3 next, it is our highest interest rate.

I am not able to go out and shop for my side biz of reselling, but I have plenty to work on here and I also have a large toy consignment I am working on for a friend that is going really well and will be some nice extra money for each of us. All of my sales are now outdoor pickups with no personal contact, money is not touched for days after being received and hands are washed immediately after each payment is received.

Still not too many changes for us with Corona. I am starting to get a bit of cabin fever now that we have been having some warmer days. Been taking advantage with open windows and will need to get out for some walks too. Both hubby and I are still working full-time so we don't have extra time there, but with no where to go (I miss the casino!) we have been getting some projects done. I cleaned my whole bedroom including vacuuming under the bed....not gonna lie it's been a few years since that was done! I have been very diligent in my social distancing and only leave the house for drs apts and as of now, no one in my county has been confirmed.


Celebrations for this update:
-$427.28 paid off in the last 2 weeks!!!
-Only one more payment left on the Store Loan!!
-MO's 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 $133.66
Mom Loan #2/#3 $28,359.55
MO Mortgage $76,850.00
My Mortgage $139,800.00
Our Mortgage $235,528.72
Total = $480,671.93

Down $427.28 in the last two weeks!

Starting total was $613,351.27
$132,679.34 paid off since 6/19/15 (including downpayment on house and adding new truck loan)!!!!!

2 Responses to “Debt Update as of 3/27/20 - How's Life”

  1. Petunia 100 Says:
    1585602262

    Congrats on finishing the store loan. Which debt is Race #3?

  2. Banker Gurl Says:
    1585602714

    Oh sorry, I have things listed differently...lol. So next we will be working on MO's Mortgage. The interest is 4.5%.

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