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And then there was none!

October 18th, 2010 at 02:08 pm

I've been wanting to write my big, huge news for a while, but we've been traveling to visit friends and family in England until yesterday, and today a very spoiled little AA has been demanding constant attention. Right now I'm letting her fume in the swing a little bit, hoping she'll get back to her sunny self soon!

Anyway, couple of payments hit. One of AS's student loans got $97 put to principal. And...drum roll, please...

$774 went to my last credit card, eliminating the remaining balance! That's right, we're finally, finally free of all credit card debt!

I made some rough calculations based on spotty recordkeeping from the bad old days. I believe at our lowest point we had about $82,500. Well, $5,000 was "estimated future debt" because I'd already promised NT we could visit England for his sister's wedding when I started the challenge. But we ended up funding the trip without creating any new debt. Also, I ended up transferring $7,402 of credit card debt by using student loan money to "pay" it. So, in actuality we paid off about $70,000 between mid-2007 and now to get where we are.

As this was my first really big milestone, I have to agree with fellow bloggers that it's a bit anticlimactic! But it feels really, really good to have that weight and embarrassment off my mind. I have lots and lots of things I want to do with our money now that our stupidest debt is gone, so now it's a matter of prioritizing wants, needs, donating, spending, saving and repaying, to try and use our money as smartly as possible to enjoy ourselves now while still preparing for the future.

Oh yeah, and I reached the October debt goal! Almost forgot about that. I've paid off $1,820 of debt, exceeding the $1,700 goal.

23 Responses to “And then there was none!”

  1. creditcardfree Says:

    Yipee!! ~~~Happy Dancin'~~~ since ceejay has zero credit card debt. I think I've been watching you pay it off this whole time, too. Wow! Way to go. I can just bet we'll never hear you are in credit card debt again. Smile Again, congratulations!!

  2. MonkeyMama Says:

    Awesome news!!!!!!!!!!!!!!!!

  3. Ima saver Says:

    congratulations to you!

  4. FrugalTexan75 Says:

    Squeeeee!! Doing the happy Dance!!

  5. Joan.of.the.Arch Says:


  6. ThriftoRama Says:

    Anti-climactic? Hardly! WOOOOO_HOOOOOO!!!!!!!!!!

  7. NJDebbie Says:

    You are on fire along with Creditcardfree! You guys are definitely the ultimate debt warriors. /

  8. notanexponent Says:

    Congratulations!! That is awesome news!

  9. Petunia Says:

    Woo-hoo! Congratulations on a great accomplishment!

  10. CB in the City Says:

    Congrats! You really did it!

  11. jeffrey Says:

    A huge congratulations on getting rid of the credit card debt!

  12. Looking Forward Says:

    That is awesome! I was thrilled to read your post.
    Big Grin

  13. kashi Says:

    You rock!! Good job! Smile

  14. pjmama Says:

    Congrats!!! Smile That's fantastic.

  15. Apprentice Bliss Hunter Says:

    Congratulations !! Thrilled for you and your family !! :-)

  16. My English Castle Says:

    Wow! Great news!

  17. baselle Says:

    Hah - an anticlimax for you, but an excitement for all of us ... and for future bloggers and readers. Congratulations!

  18. Broken Arrow Says:

    Oooh, how did I miss this? Congrats!

  19. aevans1206 Says:


  20. Homebody Says:

    Congratulations. You are doing great! We only paid ours off a year ago (and I am old)!

  21. mrsmoneysaver Says:

    Great Job! We're still working on ours, but hope to have it paid off in the next few months. Woohoo!

  22. scfr Says:

    Congratulations to all of you ... I know you were the captain, but it was a real team effort! How wonderful that AA is growing up in a credit-card-debt-free household!

  23. boomeyers Says:

    Congrats!! Happy dance for you! :-) You did a great job!

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