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Paid off CC1!

October 6th, 2006 at 05:43 am

It's official! I just paid off CC1! Only $20,000 left to go! Big Grin Obviously, it doesn't take much to amuse me. *sigh* No, really that is a big accomplishment, especially since now, I can move forward with part 2 of my plan.

From here on out, I will make just over the minimum payment on my one and only credit card at 0% interest. Everything else gets transferred to my ING account where it accrues interest. This is a good plan!

Even better, technically I owe only $19,723. My ING account already has $275 in it. As soon as that number matches my CC balance, I will send it all at once. I have until October 2007 to accomplish this. (Really September. I don't want to cut it too close.) But I think this is manageable. Furthermore, I think we can do it by summer.

I'm struggleing with wanting to take another college course. I've now taken and paid for 2 classes. I need to take just 4 more by October to bump me up the pay scale. I really want to take one now because I've have some down time at work coming up and more down time over the holidays. It's a video course...super easy. I finished the last one in four days! I'm just not sure how to pay for it. The funds aren't there. After Christmas, the funds will be there. Right now, Christmas is tieing up all of our funds.

I could relax my CC payments. I am hitting the payments really, really hard. I just want this gone!

7 Responses to “Paid off CC1!”

  1. Ima saver Says:

    Good for you!

  2. JanH Says:

    Wow. And you are doing this so quickly! What an inspiration to the rest of us that we can do this.

  3. Broken Arrow Says:

    Superb!

  4. ladymiller Says:

    Give yourself a great big pat on the back!! Good job!

  5. Bookie Says:

    Impressive progress in the time involved. Now just avoid burning out before you finish the distance. Please, please remember that this is a marathon, not a sprint. Pacing is everything. Wink

  6. miclason Says:

    congratulations!!!

  7. veronak Says:

    I know what a wonderful feeling that is to pay off a debt...I am sooooo happy for you. keep it up

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