CC Debt gone, time to start saving

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Dani
Posts: 76
Joined: Wed Mar 26, 2008 4:59 pm
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Re: CC Debt gone, time to start saving

Postby Dani » Fri Jul 29, 2011 4:29 pm

OK, lots of big changes this month!

I'm now officially a renter, and I love it! Our home foreclosed this month, and now I'm saving a bunch as a renter (2 year lease) of a beautiful home. We're renting a truck to get the last of our furniture over to the new place, and have accepted a Cash for Keys deal.

We wanted to move out of state, but not without jobs. We are okay with waiting for this big move, as we have a savings plan in place.

Ideally, we will save $3,500 per month x 24 months = $84,000 added to savings in two years.

The only things that could set us back are: taxes (no more home loan interest deductions), major catastrophes with the dog, major repairs on cars (both are 8 years old/high mileage and we'd rather replace engines than buy new).

Dani
Posts: 76
Joined: Wed Mar 26, 2008 4:59 pm
Contact:

Re: CC Debt gone, time to start saving

Postby Dani » Fri Jul 29, 2011 4:30 pm

OK, lots of big changes this month!

I'm now officially a renter, and I love it! Our home foreclosed this month, and now I'm saving a bunch as a renter (2 year lease) of a beautiful home. We're renting a truck to get the last of our furniture over to the new place, and have accepted a Cash for Keys deal.

We wanted to move out of state, but not without jobs. We are okay with waiting for this big move, as we have a savings plan in place.

Ideally, we will save $3,500 per month x 24 months = $84,000 added to savings in two years.

The only things that could set us back are: taxes (no more home loan interest deductions), major catastrophes with the dog, major repairs on cars (both are 8 years old/high mileage and we'd rather replace engines than buy new).


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