When Brad was hired to work in California in September of 2011, we had two paid-off vehicles. Brad drove his 2002 Toyota Tacoma, and I drove my 2001 Chrysler PT Cruiser. As we made plans to move across the country, I again began to contemplate the wisdom of keeping my car. It needed repairs regularly, […]
Archive for the ‘Eliminating Debt’ Category
Our Financial Goals: Paying Off Debt (May 2013)
May 1st, 2013 
Jessica Our Federal, California, and Maryland Tax Refunds arrived! With the money we received, we were able to pay off a significant amount of our student loans. Currently we owe: $15,492.88 to Sallie Mae (4.5 Interest Rate) $107,574.86 to Wells Fargo Home Mortgage (4.125 Interest Rate) $123,067.74 Total So we have paid off $10,406.53 since May […]
Our Financial Goals: Paying Off Debt (March 2013)
March 23rd, 2013 Jessica Today I sat down for a look at our total debt. Currently we owe: $23,758.77 to Sallie Mae (4.5 Interest Rate) $107,730.38 to Wells Fargo Home Mortgage (4.125 Interest Rate) $131,489.15 Total If you do the math, we’ve paid off $758.04 in the last 2 months. Little by little we are making progress on our financial […]
Posted in Eliminating Debt, Setting Goals 
Comments Off on Our Financial Goals: Paying Off Debt (March 2013)Our Financial Goals: Paying Off Debt (January 2013)
January 7th, 2013 Jessica We’re a week into the new year, so I think it’s time for an update on our financial goals. Currently we owe: $24,053.46 to Sallie Mae (4.5 Interest Rate) $108,193.73 to Wells Fargo Home Mortgage (4.125 Interest Rate) $132,247.19 Total If you do the math, we’ve paid off $558.06 in the last 5 months. I […]
Refinancing? 10 Tips (Part 4)
October 10th, 2012 Jessica Click here to read “Refinancing? (Part 1)”, “Refinancing? (Part 2)”, “Refinancing? (Part 3)”. In the days since we finished refinancing our rental property in Maryland, I have had some time to reflect on the process of refinancing. I hope that these 10 tips will help you if you are in the process of refinancing your […]
Refinancing? (Part 3)
October 8th, 2012 Jessica Click here to read “Refinancing? (Part 1)” and “Refinancing? (Part 2)”. If you have been following my Facebook page, then you already know the good news: WE FINISHED REFINANCING OUR HOUSE!!! After much discussion, we decided to go with the 30-year-mortgage, hoping that we can put the extra money each month into paying off our […]
Paying Off Debt = Pain With A Purpose
September 7th, 2012 Jessica When my husband and I got married in 2005, we had $70,000 in student loan debt. We promptly bought a duplex with an 80/20 mortgage for $150,000 and a used truck for $18,000. We had barely been married a year, and we were already looking at $238,000 in debt! Read the rest of my guest post on […]
8 Financial Books for Beginners
July 30th, 2012 Jessica During the winter of 2010, we lived in a tiny upstairs apartment in Minnesota. Brad had to go to Colorado for 3 weeks for training, and I was left alone with 6-month-old Naomi to run our home and pay our bills. Up until then, Brad had always managed our bills. He taught math, and I […]
Our Financial Goals: Paying Off Debt (July 2012)
July 23rd, 2012 Jessica I wish every financial update were as exciting as our May update! Our Debt Snowball has reached its slowest point yet. We are down to our two largest debts: our largest student loan and our mortgage. Currently we owe: $26,142.59 to Sallie Mae (4.5 Interest Rate) $106,659.66 to Wells Fargo Home Mortgage (6.25 Interest Rate) […]
Refinancing? (Part 2)
May 22nd, 2012 Jessica Click here to read “Refinancing? (Part 1).” When Brad and I were married in 2005, we bought a house in Maryland, thinking that we would live there for many years to come. As you know, life doesn’t always turn out the way you plan. 19 months after we moved in, we were moving out. We […]
