Post by alicesfreedom on Jul 28, 2013 12:15:14 GMT -5
Hope everyone is having a good summer. I have had a busy month and does not look like it will end until the kids are in school. I have been weeding the garden, landscaping, dealing with head lice- had to bag my room and the kids, realize we have way too much stuff. Thank goodness I only had to call 4 households to let them know my oldest had lice. But it's over now. Now I have to pick peas and Saskatoon berries and my big crop of 6 strawberries. Landscape some more and plant my plants I have been getting for myself. Hubby broke the tractor and he is fixing his boat, it's parts that should of been fixed when the other guy put new a new motor on. Paid for with his bonus money and retro pay from work. So credit card is up to $700.00 (mostly tractor). He claims the tree didn't move fast enough so he hit it. I am going to start my new race of the mortgage and credit card bill.
$100K List updated as of 8/4/13! $4997.02 paid off in the last 2 weeks!! Great job everyone! - BIG Congrats to pay-no-interest from the South as she graduates from the $100K List! She is our 15th grad! Congrats to Delphinius317 from the Northeast for getting $125K! Congrats to Minnesotagirl7(3) from the Midwest for getting under $120K! Congrats to megaptera from the West for paying off over $10K! Congrats to Banker Gurl for paying off over $65K! antevasin is back from the Northeast. www.notmsnmoney.proboards.com/thread/11187/100k-club?page=5#scrollTo=1682839
Post by bankergurl on Aug 18, 2013 13:17:48 GMT -5
$100K Club updated as of 8/18/13! We had some shuffling of debt, so the payoff was -$2597.42, but overall this will help our racers reach their goals more efficiently! Great job everyone, keep those payoffs coming in! - One Leapfrog, Minnesotagirl7(3) from the Midwest! - Welcome back to newview from the Midwest! www.notmsnmoney.proboards.com/thread/11187?page=5
Hi everyone, I'm new to the board (from Canada) and I hope that I will be able to get as far ahead as many of you ladies have in the debt repayment department. This ugly debt has hung it's cloud over my head for far too long. I keep thinking, if I had started years ago, I would be debt free already. Life challenges always present themselves but, now is as good a time as any.
Here we go:
Loan 1: 3,375 Loan 2: 6,000 CC 1: 24,815 CC 2: 9,999 CC 3: 10,578.98 LOC 1: 16,050
Post by bankergurl on Sept 2, 2013 12:25:02 GMT -5
$100K List Updated as of 9/2/13! Really spectaculor updates coming in! A whopping $12,012.22 paid off in the last 2 weeks! One leapfrog, tobinikui(2) from the Northeast!! Welcome and Congrats to chelsea727 from the Midwest who joined and graduated from the $100K List in the 2 weeks since the last update!! Congrats to movinonup from the Northeast for paying off over $5K! Congrats to tobinikui(2) from the Northeast for paying off over $35K! www.notmsnmoney.proboards.com/thread/11187/100k-club?page=5#scrollTo=1708887
Post by Minnesotagirl7 on Sept 2, 2013 12:40:30 GMT -5
ZsDebt- Great update! You’re really rockin’ it! alicesfreedom- I hope you don’t mind, but I changed your tagline to reflect you starting a new race. Please use this going forward, it will be easier for me to track. Can’t wait to see your new numbers change! mollyc- Your numbers just keep screaming down! Keep up the great work. chaching- Welcome to the board!! Your story is a familiar one; I believe we’ve all had those same thoughts at some point, and that’s why we ended up here. What kind of strategy do you have for paying down your debts? Do you have an emergency fund?
akagrace- We haven’t heard from you in a while! Hope things are going well.
Post by alicesfreedom on Sept 3, 2013 10:17:32 GMT -5
Hi everyone. Hope all is well with everyone. No I do not mind the change Minnesotagirl7,it never dawned on me that I needed to change it. I was happily paddling along in my little pond oblivious to it needing changing. Just proud of having decided on such a race. Credit card is up to about $1300.00, hubby fixed the big diesel for about 500.00 and that is only about the price of the taxes if we would of taken it to the dealership to fix. They gave us a print out of 1 guy's job and that was about $6500.00. Plus we had a friend who had the same trouble so they spent time talking about what they were fixing. All in all, the best thing of all is hubby worked in a truck shop so he knows what goes on, plus the mine mechanics do it all the time for their truck fleet. He talks to the one mechanic about the truck problems and is told what to fix and how. Working on trying to figure out how much is a good amount for an emergency fund. Also where should I put it? We live 45 mins from the nearest town, so if we had to evacuate for an emergency, we would have no access to cash. What do you think? Keep a couple of thousand at home? Well off to start daily chores, laundry, pick strawberries and my last rhubarb before the birds get it. Welcome caching. I am also from BC.
Minnesotagirl7 - Thanks for the welcome. I do have an emergency fund that I started saving a few years back and have a healthy $5000 in it. Hoping to save some more to add to it. As for a strategy, I do have some cards that are currently at 0% interest for the next 6 months. That will help a little. Plus, my maternity leave ends soon and I will resume work receiving my full salary again.
The challenge for me is that I am currently involved in legal proceedings concerning custody for my DD. (I hope I am using the lingo correctly.) She is turning one this week. My ex cheated on me with one woman when I was pregnant and then with another woman after DD was just 5 weeks old. After a few months, he decided to take me to court as he is unhappy with access however, he is being unreasonable and the whole situation is proving to be very costly. Every time I chip away at my debt, another legal bill comes through. The whole ordeal is a causing both financial and emotional stress. I should have been a lawyer! lol
Anyway, if anyone has tips or insight on how to deal with debt repayment, please share.
Post by bankergurl on Sept 15, 2013 14:56:47 GMT -5
$100K Club updated as of 9/15/13! An astounding $21,386.00 paid off in the last 2 weeks!! AWESOME! Great job everyone! Two leapfrogs, newview and Minnesotagirl7 both from the Midwest! Congrats to Mujoyhill from the Northeast for paying off over 30%! Congrats to Minnesotagirl7 from the Midwest for paying off over $20K and over 15%! Congrats to newview from the Midwest for paying off over $20K and over 15%! Congrats to DebtFreeRedux for paying off over $85K, over 30% and getting under $200K!! www.notmsnmoney.proboards.com/thread/11187/100k-club?page=5#scrollTo=1720347
Post by Minnesotagirl7 on Sept 21, 2013 9:55:28 GMT -5
alicesfreedom- Hope to see an update from you soon! ZsDebt- Great update! You’ve paid off more than $42k, that’s awesome! chaching- Wow, that’s a fantastic EF, good for you! Sorry for the legal troubles, that sounds rough. I hope it gets worked out soon! The strategies that I would share would be to decide how you’re going to pay off your debt – highest interest rate first, smallest debt first, etc. Then start attacking that first debt with everything you’ve got. Once that’s paid off, your snowball will grow and you’ll see some great progress! Fantastic first update!! mollyc- Another wonderful update, keep up the great work!
Post by ldawngirl on Sept 26, 2013 19:33:47 GMT -5
Hi everyone! Sorry I've been MIA for awhile, but things at work have been brutal. My manager has been doing anything and everything to make my life miserable and fire me. It's a very long story, but the entire department is unhappy and it's very toxic. Obviously I have been looking for a new job for the last little bit and thankfully just got one. I start in just less than two weeks, and tomorrow is my last day at my current job! The best part is, my current job is paying me four weeks severance without need to work the typical two weeks notice! So I get a week and a half off in between jobs, four weeks of pay and I'm free of my horrible boss! I'm also owed two weeks of vacation time! We do have a computer loan through the company that will be taken off the amount they're paying me, but it's still going to be a nice lump sum. I'm hoping for about $3,500 after all the millions in taxes are taken off.
And DH just got a surprise cheque in the mail - it's his income tax money from his bankruptcy years. We both forgot about it and didn't realize it would be as much as it was too (about $750). So with those two cheques, plus a freelance cheque that's coming my way, we'll be able to pay off the credit cards and throw some into savings for Christmas or into our emergency fund. The car loan is chugging along and is under $5,000.
I think I was MIA for so long that my race was taken off, but once all the cheques are deposited and transferred to the credit cards, I'll post a proper update.
I hope everyone else has been doing well and enjoyed their summer!
Hello Ladies! I will be taking over the $50K - $100K Club! I plan to do the updates every other Sunday the same as I do with the $100K List. I see many familiar faces so hopefully you are used to, and like my update format. I am doing one update this week, just to get all my sheets together, and then I will do another one next week and every 2 weeks after that. Please let me know if you need me to change anything. Race on ladies! $3,540.86 paid off since the last update! One Leapfrog, Wudnit from the Northeast jumping 3 spots!! www.notmsnmoney.proboards.com/thread/11190/wirr-50-100k-club?page=4#scrollTo=1738787