Comments on: Did we meet our “Zero Debt” goal date? http://www.cleverdude.com/content/did-we-meet-our-zero-debt-goal-date/ Family, Marriage, Finances & Life Sat, 11 Feb 2012 13:09:32 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Brad http://www.cleverdude.com/content/did-we-meet-our-zero-debt-goal-date/comment-page-1/#comment-44010 Brad Fri, 12 Jun 2009 17:02:20 +0000 http://www.cleverdude.com/?p=2342#comment-44010 What a great trip you've had. I have about half the debt you are starting with but less expendable income to pay it off. So I have a 3 year plan with it. I can't wait for the feeling you must have right now... the joy of success. What a great trip you’ve had. I have about half the debt you are starting with but less expendable income to pay it off. So I have a 3 year plan with it. I can’t wait for the feeling you must have right now… the joy of success.

]]> By: BM http://www.cleverdude.com/content/did-we-meet-our-zero-debt-goal-date/comment-page-1/#comment-42953 BM Mon, 01 Jun 2009 20:51:57 +0000 http://www.cleverdude.com/?p=2342#comment-42953 Congratulations on getting this far...Although my debt was not as much as yours, I too paid off all my non-mortgage debts in about 18 months. Just keep plugging away and pretty soon you will be debt free. I really believe if more people in this country become debt free and stay debt free, then this country will be fundamentally transformed in ways we have never imagined. Congratulations on getting this far…Although my debt was not as much as yours, I too paid off all my non-mortgage debts in about 18 months. Just keep plugging away and pretty soon you will be debt free. I really believe if more people in this country become debt free and stay debt free, then this country will be fundamentally transformed in ways we have never imagined.

]]> By: Jen-After the Alter http://www.cleverdude.com/content/did-we-meet-our-zero-debt-goal-date/comment-page-1/#comment-42303 Jen-After the Alter Fri, 29 May 2009 13:16:31 +0000 http://www.cleverdude.com/?p=2342#comment-42303 I certainly don't think it was a failure!! You have accomplished so much! Congratulations! Jen I certainly don’t think it was a failure!! You have accomplished so much! Congratulations!

Jen

]]> By: Kristy @ Master Your Card http://www.cleverdude.com/content/did-we-meet-our-zero-debt-goal-date/comment-page-1/#comment-42230 Kristy @ Master Your Card Fri, 29 May 2009 04:06:27 +0000 http://www.cleverdude.com/?p=2342#comment-42230 Congrats to you both for coming as far as you have! That's a major accomplishment and you should feel very proud. If you've got an ARM - which it sounds like you do - I think your decision to pay down the principle a little so that you can refinance is a good idea. While the rates are low now, there's no telling what they'll do in November and it would be a bad place indeed if they skyrocketed and you were still at the $77k. I don't think they'll be as bad as all that, but it's a much larger amount of money to be stuck paying a higher interest rate on. Besides, you've accomplished a lot in three years and I suspect that student loan debt will be gone before you know it anyway. Best of luck! Congrats to you both for coming as far as you have! That’s a major accomplishment and you should feel very proud. If you’ve got an ARM – which it sounds like you do – I think your decision to pay down the principle a little so that you can refinance is a good idea. While the rates are low now, there’s no telling what they’ll do in November and it would be a bad place indeed if they skyrocketed and you were still at the $77k. I don’t think they’ll be as bad as all that, but it’s a much larger amount of money to be stuck paying a higher interest rate on. Besides, you’ve accomplished a lot in three years and I suspect that student loan debt will be gone before you know it anyway.

Best of luck!

]]> By: Do You Dave Ramsey? http://www.cleverdude.com/content/did-we-meet-our-zero-debt-goal-date/comment-page-1/#comment-42177 Do You Dave Ramsey? Thu, 28 May 2009 22:17:52 +0000 http://www.cleverdude.com/?p=2342#comment-42177 Your line about not succeeding on this goal (as it was written) not having to mean that you failed is spot on. As you point out, in 2 years things do change and courses should be adjusted. On the otherhand, stretch or aggressive goals are powerful tools in helping us improve or redefine our status quo, which is something so clearly you have been able to do. You're a great example, keep it up! Dave Your line about not succeeding on this goal (as it was written) not having to mean that you failed is spot on.

As you point out, in 2 years things do change and courses should be adjusted.

On the otherhand, stretch or aggressive goals are powerful tools in helping us improve or redefine our status quo, which is something so clearly you have been able to do.

You’re a great example, keep it up!
Dave

]]> By: Melanie Reformed Spender http://www.cleverdude.com/content/did-we-meet-our-zero-debt-goal-date/comment-page-1/#comment-42150 Melanie Reformed Spender Thu, 28 May 2009 18:37:19 +0000 http://www.cleverdude.com/?p=2342#comment-42150 Congratulations on coming so far! My fiancé and I still have a long way to go, but we’re getting things together and I no longer have any CC debt.

]]> By: Melissa http://www.cleverdude.com/content/did-we-meet-our-zero-debt-goal-date/comment-page-1/#comment-42143 Melissa Thu, 28 May 2009 18:06:57 +0000 http://www.cleverdude.com/?p=2342#comment-42143 Congrats on eliminating so much debt and still being able to enjoy life in the meantime! My debt right now consists of deferred student loans ($2100, but I have the cash to pay them off) and my mortgage. I purchased my home in November with a mortgage of $102,000 and am refinancing this month with a principal of $95,500. I would like to pay this off in 7 years, but 10 will be more realistic. If I didn't have a house payment, I would drop more money into my 401k and Roth for certain, but I would likely travel a bit more. Congrats on eliminating so much debt and still being able to enjoy life in the meantime!

My debt right now consists of deferred student loans ($2100, but I have the cash to pay them off) and my mortgage. I purchased my home in November with a mortgage of $102,000 and am refinancing this month with a principal of $95,500. I would like to pay this off in 7 years, but 10 will be more realistic.

If I didn’t have a house payment, I would drop more money into my 401k and Roth for certain, but I would likely travel a bit more.

]]> By: My Journey http://www.cleverdude.com/content/did-we-meet-our-zero-debt-goal-date/comment-page-1/#comment-42141 My Journey Thu, 28 May 2009 18:02:45 +0000 http://www.cleverdude.com/?p=2342#comment-42141 The thought of money going to my CCs every week (I pay about $150 extra in payments per week) KILLS ME! that is $600 a month that could be saved or invested. AND THAT IS JUST CC DEBT! Not Law School Loans or Mortgage UGH The thought of money going to my CCs every week (I pay about $150 extra in payments per week) KILLS ME! that is $600 a month that could be saved or invested.

AND THAT IS JUST CC DEBT! Not Law School Loans or Mortgage

UGH

]]> By: Green Panda http://www.cleverdude.com/content/did-we-meet-our-zero-debt-goal-date/comment-page-1/#comment-42130 Green Panda Thu, 28 May 2009 16:52:41 +0000 http://www.cleverdude.com/?p=2342#comment-42130 You guys are doing a fantastic job with debt reduction! Even though you didn't make it by the date, you're going to reach it. You guys are doing a fantastic job with debt reduction! Even though you didn’t make it by the date, you’re going to reach it.

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