Thursday, October 21, 2010

Fan-Freaking-Tastic News!!!

Last week, this:
(Not our actual car, but the same model, make and colour)

became 100% officially ours.  Yes, that's right.  We completely paid off our Corolla- more than two (and a half) years ahead of schedule!  Remember last year when we set the goal of making a huge dent in our car loan?  Well, I'm pretty sure we made one heck of a dent!

What is amazing to me is that we accomplished feat while living on the smallest amount of income we've ever had since we got married.  It reminded me that if you set a goal and are diligent, there's not much you CAN'T accomplish.

Since we will not have to make any more payments on the car, we plan on first saving up for Isaac's tuition and fees for the next term, then shoveling the vast majority of what was our car payment money into our student loan accounts.  Now, we owe a lot more in student loans than we ever did on the car, but we are still encouraged by our accomplishment and know that slowly, but surely, we will be completely debt-free...or maybe almost debt-free with a nice vacation to Sweden...

2 comments:

black tag diaries said...

that IS fan-freakin-tastic!!! congrats. i'll let you know when our trip to germany is scheduled:)

erin said...

Woohoo! That is awesome. Way to go, you two!