tag:blogger.com,1999:blog-8465887551310827456.post8468184228217591971..comments2023-09-02T07:09:34.264-04:00Comments on Digging Out From Our Mess: The financial update....part oneMystihttp://www.blogger.com/profile/17496508600320205581noreply@blogger.comBlogger25125tag:blogger.com,1999:blog-8465887551310827456.post-9240933704092897642014-02-18T23:35:13.883-05:002014-02-18T23:35:13.883-05:00Loving the plan! I haven't check in a while, ...Loving the plan! I haven't check in a while, glad things seem to be going well. <br /><br />I like the move to attack the auto loan for 2 reasons:<br />a) It provides the quickest increase in free cash flow to apply elsewhere (debt snowball)<br />b) It provides a huge mental BUMP when it is finished offEvan @ My Journey to Millionshttps://www.blogger.com/profile/07645584077902238201noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-80523039224204338762014-01-30T10:59:46.097-05:002014-01-30T10:59:46.097-05:00Hehehe, I'm the opposite I rather them save it...Hehehe, I'm the opposite I rather them save it than me spending it... HS @ Our Debt Bloghttps://www.blogger.com/profile/15832696189497002591noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-87419782715350300432014-01-30T09:17:24.407-05:002014-01-30T09:17:24.407-05:00Heck yeah!!!! But we have adjusted our payroll ta...Heck yeah!!!! But we have adjusted our payroll taxes so that we don't typically get a HUGE refund. Would rather have that money to use during the year.Mystihttps://www.blogger.com/profile/17496508600320205581noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-47686978450309828902014-01-30T08:30:33.540-05:002014-01-30T08:30:33.540-05:00Not bad, and your mortgage is low. Do you deduct y...Not bad, and your mortgage is low. Do you deduct your mortgage interest on your taxes?<br /><br />HSHS @ Our Debt Bloghttps://www.blogger.com/profile/15832696189497002591noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-84136263125249821052014-01-29T21:04:08.875-05:002014-01-29T21:04:08.875-05:00You are making head-way. That is awesome. It is so...You are making head-way. That is awesome. It is so easy to accumulate debt and it takes so long to get rid of it. We are in the same boat. We were doing so great and then in this month alone we have spent $1300 on car repairs. UGHSonya Annhttps://www.blogger.com/profile/01985227040902078422noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-39741139812585486992014-01-29T16:27:39.306-05:002014-01-29T16:27:39.306-05:00I think that you guys are doing a GREAT job! Some ...I think that you guys are doing a GREAT job! Some people in your situation would have just given up and gone on a spending spree. At least you don't give up right? Heck, Eric and I could have continued to live in the shack for a year and paid off debt a lot faster as well as saved up a ton more money, but our happiness level soared when we moved out of that place. I know it's a shocker to some people, but there ARE things more important than money : ) Newlyweds on a Budgethttps://www.blogger.com/profile/10165059665185786849noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-42556817232671665072014-01-29T13:43:10.255-05:002014-01-29T13:43:10.255-05:00Just like they say with retirement, anything helps...Just like they say with retirement, anything helps. Even small amounts of progress. As you said, it's your life and we can't and shouldn't be telling you what to do about it. I am sure many people (ok, almost everyone) disagrees with me spending on my parents or my family or loaning them money when prospects of getting it back are bleak, but I will carry that cross myself and no one else. Good luck! 2016 is only 2 years away!Taniahttps://www.blogger.com/profile/11075300256482920618noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-73564064749938595752014-01-29T13:12:34.992-05:002014-01-29T13:12:34.992-05:00I should do a budget post....and then all my "...I should do a budget post....and then all my "fans" can yell about how I am doing it wrong!Mystihttps://www.blogger.com/profile/17496508600320205581noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-49930289829695029682014-01-29T13:11:29.037-05:002014-01-29T13:11:29.037-05:00Oh Kim....I think I make a plan and EVERYONE laugh...Oh Kim....I think I make a plan and EVERYONE laughs. It all works on paper, and then something smacks us upside the head.<br /><br />But I really do think at this point, most of the debt is on "auto." Like I said...2016 stuff gets paid off, without us doing any more than the minimum. And we don't have much more that we can comfortably put toward debt per month at this point. Mystihttps://www.blogger.com/profile/17496508600320205581noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-90410227149119608942014-01-29T13:09:13.527-05:002014-01-29T13:09:13.527-05:00What's the cost is putting us at 2017 as the o...What's the cost is putting us at 2017 as the official debt free date....but we would LOVE to be able to make it 2016....even if it is on Dec 31. <br /><br />We need a 2016 club....what is the slogan.....get on that, Jennifer! LOLMystihttps://www.blogger.com/profile/17496508600320205581noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-16427650577106801362014-01-29T13:08:02.079-05:002014-01-29T13:08:02.079-05:00I love to plan....and something always happens. I...I love to plan....and something always happens. I have been accused of NOT having a plan, or when my plan changes...I was supposed to have known that something was going to happen. I am perpetually amazed at people who just make a plan....and it never changes!<br /><br />Thanks!Mystihttps://www.blogger.com/profile/17496508600320205581noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-44976208302594590142014-01-29T12:56:50.539-05:002014-01-29T12:56:50.539-05:00Mysti plans, God laughs, I am having this sign ma...Mysti plans, God laughs, I am having this sign made for you, I have one and it helps me see that I am not always in control, but if I were, If I were ,there would be world PEACE Dammit!Out My windowhttps://www.blogger.com/profile/13456481267171643227noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-70866894399182632422014-01-29T12:25:25.041-05:002014-01-29T12:25:25.041-05:00including the fact that the retirement loan is tak...including the fact that the retirement loan is taken out of our pay...it is about 5500. House payment is 1650 (inc escrow).Mystihttps://www.blogger.com/profile/17496508600320205581noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-77975639621544120542014-01-29T12:00:05.414-05:002014-01-29T12:00:05.414-05:00Crying helps to ease the stress LOL... One questio...Crying helps to ease the stress LOL... One question I had is what is your monthly take home income??HS @ Our Debt Bloghttps://www.blogger.com/profile/15832696189497002591noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-3389832161299652172014-01-29T11:06:25.174-05:002014-01-29T11:06:25.174-05:00Yes, 2016! Us too! Keep it going!Yes, 2016! Us too! Keep it going!Jenniferhttps://www.blogger.com/profile/02863887265545701157noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-16973057339497727472014-01-29T10:26:45.618-05:002014-01-29T10:26:45.618-05:002016 seems to be a popular year!!!
Medical settle...2016 seems to be a popular year!!!<br /><br />Medical settlement....do you mean our financial waiver for Bossy's supplies? If yes, then it is included in tomorrow's post (heck, for the drama that turned into, that could have been its own post!!!)Mystihttps://www.blogger.com/profile/17496508600320205581noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-12807972622526895672014-01-29T10:16:30.015-05:002014-01-29T10:16:30.015-05:00Do what's best for you and your family. Not wh...Do what's best for you and your family. Not what anyone else think is best. Good luck with everything!!!Mommy Saves ALOT!!!https://www.blogger.com/profile/00542170245039394139noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-30830667874793630952014-01-29T10:13:57.867-05:002014-01-29T10:13:57.867-05:002016 is the year I pay off my debt also but as you...2016 is the year I pay off my debt also but as you have stated that is if everything goes as planed. I was just curious about the decision for the medical settlement but I can wait until tomorrow for that information. Good Luck to you!Shellyhttps://www.blogger.com/profile/15582566376696980446noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-58418115646714100892014-01-29T08:55:23.414-05:002014-01-29T08:55:23.414-05:00You know Mysti, humans make their plans as though...You know Mysti, humans make their plans as though nothing will ever happen to derail them. Life gets in the way sometimes and we all adjust our plans the best we can. Money is not the be all end all. Some people who have their money situation all figured out have other struggles which you or I could judge them for......but choose not to. In the end, I am accountable to God and my family. As long as my debt is going down and not up, I know I am headed in the right direction.<br /><br />Enough with the naysayers. Onward and upward!Theresahttps://www.blogger.com/profile/00948148571415167380noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-24362948798309899902014-01-29T08:47:55.650-05:002014-01-29T08:47:55.650-05:00We are looking at ways that we can have it all pai...We are looking at ways that we can have it all paid off in 2016....but it may be a little out of reach. But I am not giving up on the idea.<br /><br />Backup plan....does crying count?? LOL Seriously, there isn't a solid back up plan. The main plan is once we are considerably further along in this, we would like to save up for a downpayment for a new car....mine is a 2005 and his is 2001. It will really depend on who is more needy. If a car up and dies....then we probably will do exactly what we did in October, get a loan. We have a maintenance fund for the cars, which should cover minor things. And if we HAVE to dip into EF, we have it. <br /><br />Mystihttps://www.blogger.com/profile/17496508600320205581noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-16148909990466851212014-01-29T08:43:24.888-05:002014-01-29T08:43:24.888-05:00Thanks!Thanks!Mystihttps://www.blogger.com/profile/17496508600320205581noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-57112868943468146742014-01-29T08:42:57.707-05:002014-01-29T08:42:57.707-05:002016 is going to rock for both of us!!! Thanks fo...2016 is going to rock for both of us!!! Thanks for support.Mystihttps://www.blogger.com/profile/17496508600320205581noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-75859576438774748302014-01-29T08:24:35.738-05:002014-01-29T08:24:35.738-05:002016 works for me!! I hope nothing bad happens to ...2016 works for me!! I hope nothing bad happens to derail your plans, and believe me it will be here before you know it... Do you have a backup plan if something happens like car issues again etc?<br /><br />HSHS @ Our Debt Bloghttps://www.blogger.com/profile/15832696189497002591noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-60122173806546455392014-01-29T08:17:37.326-05:002014-01-29T08:17:37.326-05:00Misty,
You have to do what's best for your f...Misty, <br /><br />You have to do what's best for your family. Don't worry about what people think, say, or do. It's all opinions, and we all have them. Just keep going, focus on what is working for you. For those who are not as "open" and feel the need to criticize, maybe they will pick up some of the debt. LOL.Debbiehttps://www.blogger.com/profile/01605655205350411078noreply@blogger.comtag:blogger.com,1999:blog-8465887551310827456.post-59171266557725443612014-01-29T07:19:32.781-05:002014-01-29T07:19:32.781-05:002016 is slated to be a big payoff year for us, too...2016 is slated to be a big payoff year for us, too. I'm looking forward to having those payments disappear! Good luck with your plan. I wouldn't worry about defending yourself; this is a personal journey and each of us has to make choices. Blogging opens us up to suggestions - and criticism - from others, but in the end it's up to us to decide what works. Glad to have you back!Anonymousnoreply@blogger.com