I paid off DH Student Loan 2 with the save-for-taxes money. I’m going to put all leftovers to Car Loan 2 now on. I really hope to get it down to 4 digits this year. I’m tired of paying $70 in interest every month.
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I have a new long-term goal. I want us to be debt free by the 2014 Olympics. That gives us about 34 months to pay off two student loans, two car loans, save up EF to 6 months, and pay for the trip in cash. Lofty, yes, but I’m going to do it. I don’t want to think about payments while on vacation for two to three weeks.
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If I were to go look for a job elsewhere (not that I am looking, or even want to), I’ve decided that they will pay me well, or I won’t take it. No more of this less than the average salary work. I am worth every penny.
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What if we never move out? If you think about it, in about 20 years, my parents need to be taken care of and/or living with us. We could save a lot of money over the years by not paying rent or a mortgage to someone else. It’s an idea, but I don’t know how valid of one.
Musings
March 8th, 2011 at 04:19 am
March 8th, 2011 at 06:51 am 1299567111
I love the idea of thinking long-term. You can do it
March 11th, 2011 at 11:15 pm 1299885313
Jerry