Crossing the Half-Way Point
November 30, 2007 – 2:27 pmYesterday I updated our total for the amount of debt we have left to pay and was surprised to see that we have paid off 50% of the debt we started with! We started with $58,345.16 of debt 8 months ago and now have $29,113.16 left to pay. This week I deposited some small checks from surveys, rebates and blog earnings. Little did I realize that sending that small amount of money, $135.46, would put us over the half-way mark. So yay for small victories!
The DIY Landscaping Experiment
682 concrete blocks from Lowe’s were delivered yesterday. Yep, five and a half pallets. Our mini goal this weekend is to lay down the first course of blocks for the retaining wall.
So far we’ve spent:
Concrete blocks $1511.77
2 cu. yds screening sand $64.06
Gloves (for me) and landscaping mesh $52.78
Bobcat rental - $225.20
Pickax (or some kind of ax thing), level,
(misc. small stuff for project) - $31.13
Dirt removal - FREE!
Total spent so far: $1,884.94
Amt Budgeted: $2,000.00 (with $500 additional for unanticipated expenses)
left to buy:
gravel
glue
Selling the Car…
I took pictures of the Mustang yesterday. DH will list it for sale today. Have any tips on selling a car yourself? So far we’ve thought of listing it with Craigslist and Autotrader.
That’s pretty much it. Today is payday so I’m off to update our spreadsheet. I think I might be able to squeeze a little more from the budget to throw at the debt.
4 Responses to “Crossing the Half-Way Point”
Great news on crossing the halfway mark! That’s a big accomplishment, especially within 8 months.
Tips for selling your car:
1. Always include multiple photos. Listings without photos get hardly any attention.
2. Give a compelling reason why you’re selling the car. People are more likely to trust you.
3. Include as many details as possible about the car. A serious car shopper will want to know everything.
4. Don’t fall for a scam. Be particularly wary of out of state buyers, people claiming to be in the military who can’t buy something locally, etc. You can always do a search on Snopes.com or another scam site to check out a suspicious deal.
By Ryan Healy on Nov 30, 2007
That is a huge amount of debt paid off in a short amount of time. Good job! Keep it up and you will be debt free in no time.
By SingleGuyMoney on Nov 30, 2007
Thanks Ryan. I hadn’t even thought of giving a reason for why we are selling it.
Singleguymoney,
It is a lot, mostly because we’ve made some huge lifestyle changes, budgeted and stuck to it. We are fans of Dave Ramsey and have taken quite a few of his suggestions for getting out of debt.
By Momof3 on Nov 30, 2007
50%? WOW!!!
That is incredible!!
YOU ARE AN INSPIRATION TO ME!!
By JW Thornhill on Dec 1, 2007