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Almost out of July!

July 23rd, 2009 at 12:52 pm

Well we are just about through the end of July and we were able to cash flow the trip to the Outer Banks with family for around $1500 all tolled. The house and the car rental were taken care of by relatives so we just had to pay for activities and food during the week (when you have 10 people around it makes it that much more expensive.)

We're down to under $7000 now until ALL of our non-mortgage debt will be paid off and then we'll just have the mortgage to go! The timing is there for us to be totally out by mid-September so we're really looking forward to that.

We've cleared over $110,000 in credit card debt in just about 15 months (it'll be 15 months on July 30th.) We can't wait to see the rest of this go!

Here's the update:

Debt Tracker (07/23/09)
Card 1: $6552.56 (8.99)

4 Responses to “Almost out of July!”

  1. creditcardfree Says:

    Congrats again on your progress!

    What is the plan when you are done with this debt? Mortgage? Savings? Investing? Inquiring minds will want to know!!

  2. I-78 Commute Says:

    Oh we have so many plans once the debt is gone ccf! We need to put away money for emergencies (we're thinking at least 3 months in a money market or savings or rewards checking.) We will still have a mortgage ($398k left on it), an 18 year old on her way to college and a soon-to-be 16 year old son hot on her heels. We only have around $8000 in two 529 plans for them right now (combined.) We also have retirement (my 401k is a paltry $8k and the wife is at around $50,000) and we're probably going to need to purchase a vehicle in the next 12 months (with cash of course!) So there is a LOT to do with our dollars now that our debt will be history. I will have so much more fun blogging on that stuff rather than on debt updates!

  3. creditcardfree Says:

    Great plans! Thanks for sharing.

  4. KellyB Says:

    Fantastic job, really unbelievable. Congratulations! We will all be ready to celebrate with you in September when you make that final payment!!

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