Payoff: Month 16

March:

cc 1,2,3,4,5: 0


Loan 1: 0
Loan 2: 5631.85
Loan 3: 8471.92

Debt: 14103.77
Paid: 758.34


April:

cc 1,2,3,4,5: 0

Loan 1: 0
Loan 2: 5071.85
Loan 3: 8264.50


Debt: 13336.35
Paid: 767.42
Total Paid: 30571.53

Added to savings: -5000
Total savings: ~13600

YAY! for crossing $30,000 paid (Finally)!
A word on savings: We owed $3500 in federal taxes. My husband took out $5000 to cover the taxes. We should be able to repay the difference ($1500) plus what we would otherwise be putting in savings ($1600) and our state refund ($500) for a total reconciled (but not actual as of this moment) savings of $17200. I think we will hold off on this for now incase the little guy comes early. We anticipate hospital/doctor costs of around $1000 and a savings amount of $1600 in May. Total projection for May is $17800. Our debt at that point should be roughly $12,500, allowing us to pay it off with around $5000 left over.

Payoff: Month 15

February:


cc 1,2,3,4,5: 0


Loan 1: 0
Loan 2: 6191.85
Loan 3: 8670.26


Debt: 14862.11
Paid: 760.45



March:

cc 1,2,3,4,5: 0


Loan 1: 0
Loan 2: 5631.85
Loan 3: 8471.92

Debt: 14103.77
Paid: 758.34


Total Paid: 29804.11

Added to savings: 1600
Total savings: ~18600

Payoff: Month 14

January:

cc 1,2,3,4,5: 0

Loan 1: 0
Loan 2: 6751.85
Loan 3: 8870.71

Debt: 15622.56
Paid: 761.02

February:

cc 1,2,3,4,5: 0

Loan 1: 0
Loan 2: 6191.85
Loan 3: 8670.26

Debt: 14862.11
Paid: 760.45

Total Paid: 29045.77

Added to savings: 1750
Total savings: ~17000

I'm here.

Wow. I've gone AWOL. Just because I have become tardy with my updates, doesn't mean I am not still following my plan. I have been very preoccupied with the pregnancy. I am 36 weeks now, and feeling big and uncomfortable and sore. My feet are huge. All my free time has gone to preparing for the baby, and I don't even really have energy for that anymore. Overall the pregnancy has gone well.

I have been having a much harder time sticking to my budget. I am spending lots on the baby. I have had some monetary gifts that help with that, but all my discretionary money and I have a baby line item in the budget and I have even gone beyond that. I was doing so well watching my spending til it came to the baby. I am still doing monthly budgets and payoffs. April has been hard because our taxes are much more than we were expecting. May is hard because the baby could come at any time. So, there is some shuffling of money going on in and out of our savings. We should still be able to be debt free after the baby comes with a decent savings starter.

Something has happened at work causing the blocks to go away, so for now, I am able to update here. Which is somehow a lot easier than updating from home for some reason. I don't know when they will put the blocks back up, but I am going to take advantage while I can to try to catch up. :)

Payoff: Month 13

December:

cc 1,2,3,4,5: 0

Loan 1: 0
Loan 2: 7311.85
Loan 3: 9071.73

Debt: 16383.58
Paid: 753.08


January:

cc 1,2,3,4,5: 0

Loan 1: 0
Loan 2: 6751.85
Loan 3: 8870.71

Debt: 15622.56
Paid: 761.02

Total Paid: 28285.32

Added to savings: 6400
Total Savings: ~15250

I realized

In doing our payoff for this month, I realized we have about as much in savings right now as we have in debt. This means that had our plans not changed, we would be out of debt in February. In part this is due to a substantial holiday money gift from my mom, which may or may not have been the case if we were not bearing her grandchild, so who really knows. But we are grateful and it feels good to know this.

I am itching to pay of debts. At least one? But I am not. We anticipate a $2000 or so tax bill coming up which we will have to pay. We have to pay the hospital still. Part of my leave will be unpaid, and I am still wavering on what to do about work. But, assuming all goes well, we should be able to have everything paid off between the baby being born and me going back to work.