A few months have passed again since I wrote my last blog post. In that time, I have adjusted to my teaching job and completed my first semester of courses. I am currently teaching my courses a second time to a new batch of students, and hence I am finding that I have more time to devote to side hustles and blogging.
Frequently I think about my little blog, and yet many days go by before I finally write some of my thoughts. Although I may not be writing, I am still actively paying off debt and trying to pay off more debt. As my title says, in 2013, Mr. Tech and I paid off over $17,000 of debt!!! As of February 13, we technically paid off $17,493.12, not counting February interest fees and a few debts that still need to be paid this month.
$17,000 is a huge feat. Some people write about how they are now debt free after paying that amount. I am not one of those people. $17,000 is only about 10% of what I actually owe in debt (including Mr. Tech’s school loan and Jeep loan). As of February 13, 2014, we still owe $160,863. YUP —- GULP —- That HUGE number. I can let this number get me down, or I can focus on the positive. And the positive is… Mr. Tech and I paid off $17,000 of debt!!! Woot woot! Happy Dance! Way to go! I AM making my way to being DEBT FREE, one payment at a time!
And reality… paying off debt HASN’T been easy. This past year has been an emotional ride, as I searched for a teaching job, ended my last position, and began my new position. This fall I spent a lot of time prepping for school and grading. I’m still menu planning every week, eating healthier, and shopping with coupons. The deals haven’t been as good lately, but I did recently score 20 bags of Birds Eye vegetables for free! The holiday season was very nice. My sister-in-law and her family came to visit. I was able to buy gifts for everyone for about $600 and we enjoyed quality time with family. In the summer, we did go on a family vacation to Walt Disney World. We were able to do the trip frugally by driving and staying at a condo with family. For a family of four, we spent about $2500, and visited three theme parks. This June, we plan to visit Niagara Falls. We’ll save money by staying with Mr. Tech’s sister in Toronto. We also have a week-long camping trip planned in July. I am excited for these vacations. They will be nice reprieves after a stressful year of teaching.
Otherwise, my life is quite boring. Rather than going out and spending money, my boyfriend and I spend a lot of time at home. On the weekends, when we have my stepsons, they play MineCraft. I enjoy planning my grocery trips and going to the various stores for the deals. I’ve also started going to the gym about three times a week and I still tutor about 6 to 10 hours a week. Rather than cable, we have Netflix and Hulu Plus, so we have enjoyed many hours watching series of shows. We are currently watching Season 2 of House of Cards and Season 9 of Bones. We like our tv
This past weekend, I also finally listed items on E-bay and I have two bidders so far!! If these sell at their current bid price, I’ll make about $55 after fees. I think I’ll have another sale too, perhaps a best offer sale, for about $100. Mr. Tech has a lot more electronic equipment that is leftover from jobs, so I am hoping to make a few thousand from E-bay in the next few months.
With this money from E-bay, my tax return, and extra payments, I should be able to pay off a student loan debt that I have had for 12 years now! It should already be paid off by now, but for XYZ reasons, it is still a debt that I owe. When I started this blog in October of 2011, I owed about $2700 on this loan. As of January of 2013, the debt sat at $2200. Today it is currently at $1442! I hope in the next few weeks to get it down to $800, and then by April, I hope to pay it off completely. Then, I can start attacking the credit card debt. Although the interest rate is lower on the student loan than the credit cards, I feel more guilt over the student loan debt, since I have had it for so long and it is co-signed with my mother. Paying off that debt will feel so good!
My hope is that financially things go well this spring and summer. Mr. Tech’s business is growing and he’ll be making some decent money this spring. I hope by August that we will be able to pay off two credit cards and put a deposit on a reception venue for our wedding. We set a date for July 25, 2015. We’ve been engaged for six years, and I think we are finally ready financially. Our families are willing to help some, and this will be a better time for them too.
But for now, we’ll take our debts one day at a time. I like dreaming about our wedding, but I know this can’t happen until the Mom student loan and the credit cards are paid off. Even after that, we’ll still be $150,000 in debt. Oh, I’ve got some work to do.
Till next time,