Saturday, November 01, 2008

We paid it off!!

Almost 5 years ago when Jim and I bought our condo (I can't believe it's already been 5 years!) we had a bunch of credit card debt. We each had two cards with three of them having balances anywhere from $3000 - $7000 but one had like $20,000!! I pretty much freaked out thinking we'd never get out of credit card debt. We paid off the small ones, but last year at this time we still had the big one with something like $17,000 still left on it. For the past 6 or 7 months we've been putting $1500/month towards it and I just made the last payment a few days ago! So excited to have that gone!!!

I got a lot of great tips over on the nest, specifically the Money Matters board. I learned of a person named Dave Ramsey and we used his debt snowball plan to pay them off. Worked like a charm!

Our plan is to start saving for a house, but first I'm going to purchase the DSLR camera I've been lusting over that I've mentioned before.

I'm just so excited to have it paid off!

2 comments:

mrs.leah.maria said...

That is awesome girl! Isn't it amazing what you can accomplish when you change your thinking?!

Vintage Gal said...

That is a HUUUGE accomplishment and you should be so proud! Congratulations on the success of doing that!