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It is currently Sat Oct 25, 2014 8:48 pm




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 Post subject: I've already spent my tax refunds
PostPosted: Tue Feb 10, 2009 10:37 am 

Joined: Tue Feb 10, 2009 10:17 am
Posts: 123
Location: SC
I got about $2800 back between the feds and the state, and so I turned around and mailed out a check to pay of my TSP loan on Friday.

About two years ago I bought a house and took out a $6,000 loan from my retirement (TSP, think 401k). Well the payoff is something like $3005 through March, so once my check goes through I'll be in the clear (since another $5 will come out of my next paycheck to cover the difference).

So that's one debt down, and another $200 a month I can put towards something else.


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PostPosted: Tue Feb 10, 2009 5:49 pm 

Joined: Sun Jan 04, 2009 7:47 pm
Posts: 42
Location: Ontario, Canada
Good job! I am always so tempted to blow my income tax refund on wants. It's great that you paid off a debt. Keep going. It gets easier.

_________________
Tara


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PostPosted: Wed Feb 11, 2009 8:22 am 

Joined: Thu Jul 17, 2008 8:37 pm
Posts: 230
Location: Upstate NY
Congrats! I can't wait to get my Student Loans paid off, though that is going to take a while o.O!


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PostPosted: Wed Feb 11, 2009 8:32 pm 

Joined: Wed Aug 20, 2008 10:51 am
Posts: 14
Good job! This year I got back over $6,000 which I quickly stuffed into my emergency fund before I got a chance to blow it. Two days later I learned that I am going to have to take a 5% cut in pay for 2009. The security of knowing that I had that difference covered was worth far more than any toy I could have purchased.


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PostPosted: Thu Feb 12, 2009 10:26 am 

Joined: Tue Feb 10, 2009 10:17 am
Posts: 123
Location: SC
Check cleared today! So I killed a debt (to myself) and also boosted my retirement another $3,000 :)


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