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April Update: Chilliní like a Villain

April 14th, 2008 at 01:09 pm

Itís the halfway point of the month and Iím chilliní like a villain. I canít believe tomorrow is April 15th.

As I said before, the 15th is usually my stress time when all my big bills are due. This month was no different. I looked at my watch last night and it was the 13th and I just logged onto my bank account and paid them. No muss, no fuss.

Great feeling.

As you can see from my sidebar, I have paid of $12,803 just this month. Most of it was due to a large tax return but I plan on adding another $2,200 to payments this month (see if I can crack $15,000). So, now car 1 is paid off and am working on car 2. I have $7,129 left to pay off on it. The current schedule is to have it paid off in June with the wifeís braces.

Since I paid off the CC and car 1, I can start feeling the snowball gaining strength. I also feel some breathing room. Rather then treading water keeping my head up, I am starting to swim to the shore.

In fact, I have started dreaming, dare I say, of a debt free existence. Yes, I have calculated the time needed to pay of my mortgage, fully fund my emergency fund, fully fund my retirement accounts, and fund my kids college funds. It may be 5-8 years away, but I can almost taste it. I can almost see it. Dare I dream?

Yes, but now is the time to keep the head down and focus. No time to pat ourselves on our back. We got a lot of work to do before we get to these sweet dreams. A lot of workÖ

Bottom line: I have paid off $24,129 or 48.8% of debt to date.

5 Responses to “April Update: Chilliní like a Villain”

  1. littlemama Says:

    You are doing AWESOME with the debt pay-off!

  2. Broken Arrow Says:

    Yikes. Nearly 13k in a month. Refund or no refund, that is impressive.

  3. Ima saver Says:

    That is impressive!!

  4. merch Says:

    Just trying to catch up with you guys.

    Still working the debt and hoping 2008 will be a great year.

  5. ceejay74 Says:

    Wow, that's amazing! You're doing great, and 5 to 8 years sounds like a tiny amount of time compared to mine.

    I know what you mean about the snowball; at first it's so small you don't notice the difference, but pay off a couple debts and it starts to make a big track in the snow! :-)

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