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Progress on goals

February 2nd, 2017 at 10:34 am

I've again decided that a refi of the U.S. mortgage is off the table at this point. If rates go down, values go up or we're able to pay down a big chunk of principal, I'll reconsider, but for now the matter is closed.

Total debt is down to about $458K. We should meet the goal of less than $450K of debt in about nine months, unless something else happens to add to debt (selling the UK property and buying a U.S. one with a bigger mortgage, for instance, or refinancing the U.S. mortgage and rolling in closing costs). It's an unpredictable year so I'm not sure about that particular goal.

We tried another new meal on Monday: taco crescent ring using Pillsbury crescent dough and vegan "ground beef" substitute. I thought it was great! NT thought it was OK. The kids actually cleaned their plates, which hardly ever happens with new foods, so for that reason alone I'd make it again. 11 new recipes tried, 39 to go.

4 Responses to “Progress on goals”

  1. creditcardfree Says:

    So you might buy another property? Would you be selling your current property in the US if that happened? Or simply a rental property in the US? Just curious. Smile

  2. Debt-free by Thir-ty Says:

    I think it's great that you're trying all these new meals! DH and I recently tried pesto (shocking, I know!) and spinach noodles, and we both loved it.

  3. ceejay74 Says:

    Hey ccf, it's an idle thought at this point. Smile I like having the income that our UK property brings, but the taxes are a giant pain and we don't feel like we have any control (just depend on the management company's judgment). We've begun considering selling it and buying a rental property closer to home, so we can still have the income. We might clear about $100K in the sale, which wouldn't be enough to buy anything in our neighborhood, so we'd probably end up with a bigger mortgage than our UK mortgage debt if we took this route.

  4. My English Castle Says:

    Crescent rolls are one of my guilty pleasures. My DD loves anything made with them too.

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