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Dollar Stretcher Community » Money » Debt Management and Elimination » One Debt Down

One Debt Down

Last post 03-05-2008 8:01 AM by lnfirepuke. 13 replies.
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  • 01-23-2008 7:43 AM

    • Brandy
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    • Joined on 03-28-2007
    • Saving in South Louisiana
    • Posts 14,161

    One Debt Down

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    I want to announce an exciting step towards getting ahead again...

    THE METER IS PAID OFF!

    I had not added this financed tool to my debt tracking but contemplating the pay off is really uplifting! This was a $200 deduction from my husband's pay each month. He has other tool needs but I am hoping we can use the savings from this and add any funds needed to pay cash in future.

     

     

    Your Dollar Stretching Assistant Community Moderator

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    Stretchpert in.... Schooling; Food Programs Co-ops and Clubs ; Recalls




  • 01-23-2008 8:49 AM In reply to

    • babs
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    Re: One Debt Down

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     Brandy, that is wonderful. Babs

  • 01-23-2008 8:53 AM In reply to

    • Brandy
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    • Joined on 03-28-2007
    • Saving in South Louisiana
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    Re: One Debt Down

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     It feels like we may be able to take charge of our finances again and that is a good feeling.

     

    Your Dollar Stretching Assistant Community Moderator

    and

    Stretchpert in.... Schooling; Food Programs Co-ops and Clubs ; Recalls




  • 01-23-2008 8:55 AM In reply to

    • babs
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    • Vermont
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    Re: One Debt Down

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     Two Hundred is a lot of money and when it is deducted it feels different than writing out a check for a bill. I think it makes you feel like you earned less. Maybe thats silly but it isa mind thing. Babs

  • 01-23-2008 8:58 AM In reply to

    • Brandy
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    Re: One Debt Down

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    It's not silly at all. I rarely considered it a debt that we would really see paid off. It did feel more like a deducted expense, rather like tax and social security. When doing basic budgeting, I didn't even add it in to my expenses as I work with after deduction take home pay.

     


     

    Your Dollar Stretching Assistant Community Moderator

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    Stretchpert in.... Schooling; Food Programs Co-ops and Clubs ; Recalls




  • 01-23-2008 9:39 AM In reply to

    Re: One Debt Down

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    Dear Brandy, I share your enthusiasm about having paid off "the meter" -- but, what is a meter?  Sorry to be so dense.  Yours in Him, Deb

    Proud trainer of Heart, a black female Miniature Poodle, as a Psychiatric Service Dog

    Enter His gates with thanksgiving, His courts with praise; give thanks to Him, bless His Name. (Psalm 100)

    Yours in thrift, Deb


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  • 01-23-2008 10:37 AM In reply to

    • Brandy
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    • Joined on 03-28-2007
    • Saving in South Louisiana
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    Re: One Debt Down

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    Deborahmichelle:
    but, what is a meter?
     

    A signal analysis tool. My husband uses his to check signal level when he is installing new service and making repairs as a low signal will cause bad or no reception on the television. And that's as much as I know about it, lol.

    Even though he once had many of the tools needed for this kind of work, some necessary things were missing when he began this job in October. The meter being a mandatory tool had to be financed as it cost more money than we could part with to pay cash.

     

     



     

    Your Dollar Stretching Assistant Community Moderator

    and

    Stretchpert in.... Schooling; Food Programs Co-ops and Clubs ; Recalls




  • 01-23-2008 10:48 AM In reply to

    Re: One Debt Down

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    Thats great!  two hundred dollars is a lot of extra money to have each month.    Though you would think the company would give him a meter since it is essential to the job. but maybe its the case of if you own it you take better care of it policy.

    My Family's Interests

  • 01-23-2008 10:50 AM In reply to

    Re: One Debt Down

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    Congratulations!  Do a happy dance.  I'll clap.

    re-tired 

     

  • 01-23-2008 11:37 AM In reply to

    • Edey
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    • Los Angeles County, CA
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    Re: One Debt Down

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    Divide the $200.00 into thirds, one for savings, one for necessaries and one to pay off debt.  Congratulations, that must feel very good. E.

    Officially Recognized Stretchpert in Hobbies and Crafts

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