We’re in the final homestretch of paying off Stacie’s student loan. I made some serious payments in the last 30-40 days to get it down from $3100 left to $963 remaining (as you can see from the debt scale on the right sidebar).
And to just think that it wasn’t that long ago that the loan was up over $20,000 to start. We’re making some excellent progress in becoming debt free (except for mortgage of course), as we’re now down to about $36,000 remaining debt from a high of about $112,000. I expect to pay off the remaining $963 in a few days when some extra income from this site hits the bank account.
The final debts remaining are:
– My Honda Ridgeline (under $20k left)
– My student loan (about $11k left) — Deferred
– My graduate school tuition (about $4k left) — 0% till December
Oh, looks like I’m the only one with any debt left now. So guess which debt we’ll tackle next….yep, the truck loan. Since I’m not paying any interest on my school debts, it only makes sense to pay off the truck, or at least until my student loan goes out of deferment status.
However, in the next month or two, I’ll have to pay $2600 out of pocket for my summer class, and then about $5000 for the fall semester around August. My employer has already reimbursed me as much as they allow for the year so I’m on my own until next year. However, it’s all in our budget so it’s no surprise.
I’ll have a little celebration post when the check hits the account and Stacie’s student loan is officially paid off.