Debt #1

As of tomorrow, Sept. 1, 2010, the first debt in my husband’s and my Debt Snowball will be gone. It was our smallest student loan, and now with my loans consolidated, it means we’ll only have two student loan payments per month–one his, one mine. Woo! Take that, MyFedLoan.org.

It may not seem like a big deal, but Dave Ramsey’s promoted idea is that money is more about emotion than ‘head knowledge.’ Even though that little student loan was our smallest payment each month, and our lowest interest rate, having it gone is just a relief, and pretty exciting having one less debt.

Advertisements

2 thoughts on “Debt #1

  1. Pingback: Debt #2 is gone « Money makes the world go 'round

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s