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Exciting week ahead SA friends....

February 11th, 2013 at 04:37 am

Yes...it will be very exciting as we are paying my car off! I plan to send the payment on Tuesday and it should take just a couple of days for it to process.

Then...on to DH's car loan! For Feb, I plan to send about $350. This will put us at just under $5000. Then the plan is to send $500 per month and that should have the car paid off at the end of 2013.

With the extra money we will be saving, we plan to send extra on the mortgage...our current payment is $918, so we will make additional principal payment starting in March that will make it an even $1000 per month for now. Perhaps in 2014 after DH's car is paid off, we can send even more.

We would also like to increase retirement savings. We will be evaluating that too.

Posted in Debt, Personal Finance, Saving Money | 4 Comments »

4 Responses to “Exciting week ahead SA friends....”

  1. Treeluva Says:
    February 11th, 2013 at 04:46 am 1360557977
    1360557977

    Congratulations! I remember when we paid off DH's truck.... it was sich a feeling of relief and accomplishment!

  2. NJDebbie Says:
    February 11th, 2013 at 12:44 pm 1360586673
    1360586673

    Wow, congrats!!!!

  3. creditcardfree Says:
    February 11th, 2013 at 12:58 pm 1360587513
    1360587513

    I'm excited for you! Paid for vehicles are extra nice. Smile

  4. FrugalTexan75 Says:
    February 12th, 2013 at 03:16 am 1360638973
    1360638973

    Yay!

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