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Starting here again...

February 22nd, 2008 at 08:22 pm

Well, I haven't written here since April of 2007 and I am kind of depressed because I don't have that much accomplished (debt snowball wise) since then.

I have been reading a lot of the other blogs and enjoy them though so I decided to start back up.

So, we got our tax refund today. $2,712.00.

I used $1,372.94 of it to pay off our smallest credit card (WOOT!!) and $1000 more will go to get our emergency fund back up and running.

Total debt left (besides our home) after that bill:

Discover D - $4,283.88
Discover E - $6,100.15
Discover 3- $3,454.00
B of A (truck) - $3,600.00

I get another paycheck on the 29th (with a small bonus, I think) and all the bills are paid for the month so I hope to use a chunk of that on the truck. Technically, Discover 3 is our smallest debt but the truck is so close I am going to concentrate on that one next. The truck payment is $311.55 per month so getting that out of the way first makes more sense to me. If I don't start paying extra on it the loan will not mature until February of next year. Wayyyy too long. I need to call and ask Bank of America how I can make extra payments on the truck. Right now I go through the drive thru at the bank and pay it..but I don't want to wait till the monthly payment is due again to pay the extra money, I don't think.

6 Responses to “Starting here again...”

  1. ceejay74 Says:

    I started my blog in June 2007, so 2 months after you left, but welcome back!! :-) Way to use your refund constructively. Now maybe you can reduce your withholdings a bit so you have more to put toward debt during the year.

  2. creditcardfree Says:

    Today you are making a great choice. Doesn't it feel great to have something paid off? I think you are making the right choice on the truck...maybe you can make extra payments online. Best to talk to someone to make sure they are credited correct. Welcome back!

  3. Aleta Says:

    Hopefully, if your stimulus tax payment comes through, you'll have more depending upon how many children that you have.

  4. luxlivingfrugalis Says:

    Great to see you back - are you still couponing? Did your husband pass his firefighter/emt exam??

  5. HouseHopeful Says:

    Welcome back! Great job on using the tax refund to pay off the one account. Isn't it a great feeling?

  6. homebody Says:

    Hey I'm back today too, must have been the eclipse!

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