Here is a look at some of the things that we have paid off since this blog started in August 2009. This of course doesn't count the paydown of debt that was run back up. These items are GONE for good!
The estimated amount paid since this blog started is featured at the end of each item.
Retirement Loan 1 - Originally funded in February 2008 for $10,000 for a new roof and home repairs. It was originally a 5 year loan, which we paid off in 4 years. This loan was never counted as part of our debt tally (not really sure why), but nonetheless, we were making over $200 /months in payments. $7,000.
Hospital Bill - This medical bill was our portion of the doctor's bill from our son's birth, and subsequent hospitalizations and surgeries. It took us EIGHT years to pay this bill off, and it was wonderful to send in the final payment. No idea how much we actually paid...as this bill was added to over the years. $1,200
Student Loan 2 - This originated in November 1994!!! This was a loan that my father actually took out, as I was under 18. Before I realized how much time and interest it would take to pay off, I agreed to a low monthly payment, and life took over, and I wasn't able to pay more. This loan was about $5,800....and I paid $10,000 including interest. $1,700 + interest.
G-man's Car - Purchased in December 2006 for $18,600, we thought we got a great term of 5 years at 5.74%. And at that time....it was good. However, at $358 a month, it did hurt our cash flow. We paid this off in 4.5 years. $10,000
Hospital Bill 2 - When I had surgery in August 2012, our portion of the bill included charges from the hospital, anethesiologist, surgeon, and lab. $1,000