Debt Free Finally!!!!

Have you paid off your debt? Managed to save for your dream home? Had an awesome investment pan out? Share your personal finance success stories here.

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$bags
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Joined: Sat Dec 08, 2007 9:51 am
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Debt Free Finally!!!!

Postby $bags » Thu Feb 21, 2008 1:15 pm

40K paid off in 15 months! never thought it was going to end! lol, but I paid my wife's toyota camery off two days ago to the tune of $8350. It hurt to see that money go, but everything I make from now on is all mine to keep and invest. Next step: save a six month emergency fund and house.

I noticed at the beginning I was only able to save(cut debt) 1500 per month, but now I am able to save like 3000 per month. Four times a year, my wife and I can save like 4000, because of double pay months. It took a lot of fine tuning to get it up that high, but it is easy now. It seems like when you manage your money you start finding it everywhere, and it finds you. I just got a promotion with more pay, and I still live the same. It's great!!! more money for me.

WHAT I REALLY LEARNED FROM THIS WHOLE EXPERIENCE IS THAT FINANCIAL SECURITY IS SO MORE IMPORTANT THAN THINGS.

DannyBoy
Posts: 24
Joined: Wed Feb 20, 2008 10:34 am
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Postby DannyBoy » Fri Feb 22, 2008 12:28 pm

Totally, but great job sticking to a plan! I'm recently in the same boat but at a younger age with less money. Best of luck to you! Is an emergency fund and investment portfolio next?

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kmull
Posts: 513
Joined: Thu Apr 05, 2007 5:20 am
Location: Birmingham, AL
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Postby kmull » Fri Feb 22, 2008 2:46 pm

Excellent work!
<a href="http://feeds.feedburner.com/~r/NoDebtPlan/~6/1"><img src="http://feeds.feedburner.com/NoDebtPlan.1.gif" alt="No Debt Plan"></a>

DebtFreeCrusader
Posts: 322
Joined: Sun Feb 17, 2008 4:39 am
Location: Woodstock, CT
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Postby DebtFreeCrusader » Fri Feb 22, 2008 3:35 pm

Sweeeeet

Congrats
When you're good to others, you're best to yourself - B. Franklin

sdkramer
Posts: 298
Joined: Mon Apr 30, 2007 11:03 am
Location: Michigan
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Postby sdkramer » Fri Feb 22, 2008 6:41 pm

To steal a quote from the A-Team:

"I love it when a plan comes together."


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