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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
    • Top 10 Contributor
    • Joined on 03-28-2007
    • Saving in South Louisiana
    • Posts 7,021

    One Debt Down

    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 and Officially Recognized Stretchpert in Homeschooling




    "For the sole true end of education is simply this: to teach men how to learn for themselves; and whatever instruction fails to do this is effort spent in vain."- Dorothy Sayers

  • 01-23-2008 8:49 AM In reply to

    • babs
    • Top 10 Contributor
      Female
    • Joined on 04-02-2007
    • Vermont
    • Posts 2,168

    Re: One Debt Down

     Brandy, that is wonderful. Babs

  • 01-23-2008 8:53 AM In reply to

    • Brandy
    • Top 10 Contributor
    • Joined on 03-28-2007
    • Saving in South Louisiana
    • Posts 7,021

    Re: One Debt Down

     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 Officially Recognized Stretchpert in Homeschooling




    "For the sole true end of education is simply this: to teach men how to learn for themselves; and whatever instruction fails to do this is effort spent in vain."- Dorothy Sayers

  • 01-23-2008 8:55 AM In reply to

    • babs
    • Top 10 Contributor
      Female
    • Joined on 04-02-2007
    • Vermont
    • Posts 2,168

    Re: One Debt Down

     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
    • Top 10 Contributor
    • Joined on 03-28-2007
    • Saving in South Louisiana
    • Posts 7,021

    Re: One Debt Down

    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 and Officially Recognized Stretchpert in Homeschooling




    "For the sole true end of education is simply this: to teach men how to learn for themselves; and whatever instruction fails to do this is effort spent in vain."- Dorothy Sayers

  • 01-23-2008 9:39 AM In reply to

    Re: One Debt Down

    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

    Yours in thrift, Deb


    Officially Recognized Stretchpert in Kosher Recipes
    See also my Food Stamps Living sub-Forum, both in Frugal Food & Cooking.

  • 01-23-2008 10:37 AM In reply to

    • Brandy
    • Top 10 Contributor
    • Joined on 03-28-2007
    • Saving in South Louisiana
    • Posts 7,021

    Re: One Debt Down

    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 Officially Recognized Stretchpert in Homeschooling




    "For the sole true end of education is simply this: to teach men how to learn for themselves; and whatever instruction fails to do this is effort spent in vain."- Dorothy Sayers

  • 01-23-2008 10:48 AM In reply to

    Re: One Debt Down

    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

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

    re-tired 

     

  • 01-23-2008 11:37 AM In reply to

    • Edey
    • Top 10 Contributor
      Female
    • Joined on 09-10-2007
    • Los Angeles County, CA
    • Posts 1,492

    Re: One Debt Down

    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

    HOW MUCH MONEY HAVE YOU SAVED TODAY!?!

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