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DebtBgone

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Everything posted by DebtBgone

  1. Our current totals, since it is so incredibly rewarding to look back and see our progress. 403b: $41,500 Old IRA: $7,100 Dh Roth: $21,600 My Roth: $17,800 Total $88k Mortgage balance $57,000 Retirement went up $34k and the mortage decreased by $32k. Amazing the difference a year can make! Thank you, Dave.
  2. I was having a bit of a pity party for myself the day before Mother's Day, knowing I wouldn't see my 3 older kids and we haven't seen each other since Christmas. They all live 4-6 hours away and normally would come home for that. But we saw each other via Zoom and sat around talking for 4 hours Mother's Day! It really lifted my spirits. I've been listening to a lot of music via Spotify. Just "discovered" some amazing music by the symphony Two Steps From Hell (creepy name, I know). "Victory" is amazing, so is "Blackheart". They compose a lot of background theme music for movies.
  3. The budget! Have you tried Every Dollar since you've been gone? It is so easy. I use the free version.
  4. Thank you for sharing. Are you working towards recovering from your anxiety? I hope this won't become your "new normal" and you can overcome it. I thought this link sounded helpful when I scanned through it. I don't know much about irrational fears but it did seem to have some good advice: https://www.anxietycoach.com/agoraphobia.html
  5. Oh, and do you like to read? Of course the libraries are closed but there are online options for borrowing books and audio books. Anything you need to organize? Decrease clutter? Unused clothes? I feel much better at the end of my day if I've accomplished something. Learn a new recipe, clean something neglected, etc. I have cousins that normally go to the gym, so are doing video workouts with each other from their homes. My to-do list today is go for a walk w/the dogs, clean windows, and bake cookies. I have not made cookies in probably over a year. I wish I could get a hair cut!
  6. Our family has been using "Zoom" to for group video chats. It's very easy to use and really fun! We had a 10 person session yesterday with my grandmother, mom, sister, aunts, uncles and cousins. I have friends who are playing a long distance trivia game using it. It's as close to sitting around a table with friends as you can get right now.
  7. Out of a 9 man crew at my son's electrician job, they have 4 guys working. My 18 year old is one of them, so we are grateful he has an income right now. He and I both have letters from our employer's stating we are "essential". Employees are wearing masks at work.
  8. They shut down the job site my son works on as of today, which is fine with him because two people yesterday were there sick and wearing a mask. He is 18 and was pretty freaked out about it, not that he worked near them, just the fact that he didn't know what they were sick with. Dh has a couple remodeling jobs lined up, was able to get paint for one, windows were already delivered on another one, and the store where he buys crown molding is doing curb service with limited hours. So we shall see how much he can do in the next few weeks. "Commercial" businesses are allowed to be open according to Gov. Hogan's list.
  9. For most people it is an inconvenience, but for others life and death. I will happily be inconvenienced to help not make someone sick. I really feel for businesses and employees financially hard hit. We will just have to ride it out.
  10. Just updating some numbers for reference since I sent $2k in contributions to dh's Roth: 403b: $25,673 (just increased my contributions to $300/paycheck up from $270, + 2% match) Old IRA: $7,219 Dh Roth: $12,710 My Roth: $8,828 Total $54,430 Mortgage balance $89,597
  11. DebtBgone

    Go away, Murphy

    Years ago I was driving around a $1k Craigslist-mobile that needed an a/c compressor. The cost to repair it would have been almost half the value of the car! Seriously, I think it was $400-500 dollars for a new one. My husband found one on ebay for $30! And then he and his brother fixed it themselves. I was one happy camper! Maybe a deal like that could come along for your car.
  12. DebtBgone

    Living...

    I completely agree with the opinion that budgeting is the key. Climbing out of debt doesn't happen by accident - it takes a solid plan and being accountable. Living on last month's income has been a tremendous help for me since both my dh an I have irregular incomes. Come on, vacation! You did it!
  13. Thanks for the encouragement! I am off work today and spent some time playing with calculators this morning. If we can manage to up our principal payment by $200 more/month ($1,800) our payoff would be March of '22. Three years. Wow. Sure has my wheels turning! ETA: I realized I made a mistake about the $1,800 - I knew something wasn't right! $1,800 is my total principal payment, not my snowball. Our principal and interest payment is just over $1,200, and right now when I pay $1,200 more, my principal payment is $1,800. Anyway, if I continue a $1,200 snowball, the payoff is December of 2022. We will see what this year brings.
  14. Some updated numbers. So far in 2019: 403b: $24,376 Old IRA: $6,925 Dh Roth: $10,517 (will contribute before April 15th) My Roth: $8,660 Total: 50,478 We hit $50k!!!! Mortgage balance $91,530 We're under $100k!!! And back to the amount we bought our house for ($91,700 in 1992). Two milestones for us in the same month. And next month we'll be out of the 90's. It will be so cool to see it go down in 10k increments and the retirement go up. It seems like we should be able to put $1,600 towards the principal and $1,600 towards retirement each month the rest of this year. Overtime has been my best and worst friend. I'm tired, but it's a rewarding, satisfying tired.
  15. 403b hit $20,123...so cool to hit the $20k mark. Now to get the mortgage under $100k....
  16. One year ago we had $20k in retirement. Today it is $44,545! So excited to see those numbers go up despite car repairs and house renovations. 403b $19,818 Old IRA $7,362 Dh Roth $8,700 (haven't contributed) My Roth $8,665 (haven't contributed)
  17. Hello, PCMedic, nice to "meet" you online! So you are one of the amazing people who helped get this site up and running? You have helped so many people you will never meet anywhere  but here, and the work you did is still changing lives to this day. Thank you so very much.  Your own set of struggles and goals just took I drastic turn, and I hope a little cyber encouragement will help lift you up. I work with stroke patients and the fact that you are back working at all is a true gift which many never receive. Be thankful every day for that, and keep taking those "baby steps" toward recovery. I will be praying for healing and for lessons learned that we can't learn any other way except through perseverance. 

    Maybe I could quote you from a post you made in 2012 to encourage another member whose wife was having medical struggles at the time, "When things seem darkest, remember that all things are possible through God David S."

  18. Congratulations on your marriage! It sounds like you two will go far together and are quite a team already. Together you will conquer this $50k and learn and grow a lot. The RV sounds like the perfect place to hang your hat while you build a house later. I hope you get some good advice on settling those debts and they will work with you on those balances. I think typically they will settle for X amount in full.
  19. Halfway through 2018. Dh just started working fairly regularly again, so once the upstairs project is finished we should be able to contribute to Roths again. 403b: $16,600 Old IRA: $7,144 (went down) Dh Roth: $8,618 (went down) My Roth: $8,583 Total: $40,945 Mortgage balance $102,581 Principal reduction in 2018: $59,495 Interest paid in 2018: $2,326
  20. Where we are now. Work has become extremely slow for dh and his income hasn't supported us in a while. He is in the process of changing careers. Because of inheritance money we were able to get ahead, though. We just threw $50k at the mortgage in January. If we can maintain a $1,500 snowball we will have a paid for house in 2022. 403b: $12,868 Old IRA: $7,315 Dh Roth: $8,744 My Roth: $8,397 Total: $37,324 Mortgage balance $111,668 Principal reduction in 2017: $18,420 Interest paid in 2017: $6,813
  21. DebtBgone

    Life After Divorce

    So glad I "wandered" over to the Blogs! What a great update. You are a busy lady, and sound like you're in a really good place for a fresh start.
  22. Work has been picking up for dh. We depended a lot on my salary for the household budget the last few months, so have not contributed to Roths. 403b: $8,776 Old IRA: $6,491 Dh Roth: $4,404 My Roth: $3,201 Total: $22,872 Mortgage balance: $165,861 Principal reduction 2017: $14,635 Interest paid: $5,174
  23. Here are some savings projections. These don't reflect "life", it's just what could be when "life" doesn't happen. Potentially... Roughly $1,500/month towards retirement over the next 4 years while we pay down the mortgage, hopefully will have about $150k in retirement at that point. Then up contributions to about $2,500/month total until age 67, which could get us to 1 million. This is all at 8%. Like the title says, a girl can dream.
  24. Here's where we are on the house. Bought for $91,700 in 1992. Refinanced in 2012 for $198,700. Balance today: $167,956 Principal Paid YTD: $12,540 Interest YTD: $4,061
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