The Saving Advice Forums - A classic personal finance community.

We just made our last non-mortgage debt payment!

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • We just made our last non-mortgage debt payment!

    Just made a $20,000 payment to the lone outstanding credit card we had a balance on!! DH and I are now debt free except for the house mortgage. No car loans. No personal loans. No credit card balances. Yahoo! It feels great and I'm going to enjoy every second of it.

    Also, our house is on the market and if/when it sells, we'll be COMPLETELY debt free -- at least for a little while. Now, won't that be something!

  • #2
    Great job!

    Comment


    • #3
      Holy smokes, a $20,000 payment!
      "There is some ontological doubt as to whether it may even be possible in principle to nail down these things in the universe we're given to study." --text msg from my kid

      "It is easier to build strong children than to repair broken men." --Frederick Douglass

      Comment


      • #4
        Kudos! Wonderful news - I can't wait to be in your shoes one day (hopefully in the next 18 months, if all goes to plan, knock wood...)!

        Comment


        • #5
          That is awesome, congratulations!!

          Comment


          • #6
            Great Job !
            Has to be a good feeling.
            I wouldn't know.

            Comment


            • #7
              You rock, good job! I hope you save up enough for a 20% downpayment on your next home and you take no more than a 15 year mortgage. Don't spend more than 35% on your home of your income. Do this and you will live like no one else.

              Comment


              • #8
                Congrats! What a great feeling, keep up the hard work and save, save, save!

                Comment


                • #9
                  Good job. I hope to be in the same situation in 24-36 months. Can't wait to get rid of this pesky student loan.

                  Comment


                  • #10
                    that's freaking awesome.

                    I just bought my first house in Oct, can't wait until I'm in your shoes

                    Comment

                    Working...
                    X