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Home > Met February debt goal; happy accident

Met February debt goal; happy accident

February 27th, 2014 at 04:20 am

Since I paid extra on AS's student loan for the first time last month, I was keeping a close eye to see if it set up an automatic monthly payment. Usually even before the payment, it says what's due that month, but that number stayed at zero. So on Monday my impatience got the best of me and I set up a payment for the same amount. I got a warning that a regular scheduled payment would still go through, but I ignored it, figuring that was just a boilerplate message that didn't mean anything.

But today, two payments posted. Whoops! I had to pull money out of what I'm saving up for my bday party. That's OK, I've got plenty of time to come up with the money for that.

I'm kind of happy this happened, because I REALLY want to finish paying off our non-mortgage debt, but I've been telling myself that it's not a good time what with the future job insecurities, tax bill, etc. I know I might have to stick to the minimum payments for the foreseeable future. So this is one extra debt payment I get to enjoy before I crack down and start stashing money instead of sending it straight to the student loan companies.

Between the two payments, $299 went to principal. That takes us to $1576 paid for the month, surpassing the $1400 goal. Yay! I may not be able to knock out all our student loan debt this year, but that feels good.

And, I just realized this extra payment means that we will definitely get the total under $10K by the end of the year, even if we don't pay any extra. Double yay!

3 Responses to “Met February debt goal; happy accident”

  1. scottish girl Says:
    1393486022

    That's great!

  2. creditcardfree Says:
    1393505840

    Good thing for happy accidents!

  3. CB in the City Says:
    1393509564

    I love it that you say you "enjoy" a debt payment!

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