So I was thinking - I'm SO sorry to my friends (yes I call my blog readers my friends...heh). I really haven't been ignoring you all completely. I just read your blogs through a reader on my phone which doesn't allow me a way to comment. Also, I have been neglecting my own blog. I have not been posting. I come up with blog ideas in my head but then I don't find the time to follow through. Work has been crazy and life outside of work has been crazy this past month. I am writing you right now from a hotel room in Las Cruces, New Mexico - about to head up into the mountains for the week to direct the junior high/senior high church camp that I grew up going to. I am excited and nervous at the same time. I know things will run smoothly but I never feel "ok" until I get there.
ANYWAY, on to the exciting news that I have not shared with you all yet. I paid off my car in May! Two years early even! Back in November I decided to do my own version of Dave Ramsey's program. One of the "baby steps" he talks about is snowballing debt. Paying it down as fast as possible. I have a pretty extensive spreadsheet (because I am an accountant and very nerdy) that shows potential time frame of paying off all debt. I should be able to finish by my 28th birthday I believe. Then all that money will go towards building up 6 months worth of wages (not expenses...I wanted wages) - which will be done by my 29th birthday. And then when I turn 30 I want to take off (may have to quit) my current job and go to Peru for a semester. I will have the money I need to take off and do the program and hopefully spend 6 months down there taking spanish classes and volunteering and traveling all over. Living with a Peruvian family and just immersing myself in the culture. That right there is what keeps me on track and keeps me following my budget and cash flow spreadsheet. I don't know if I've ever felt more excitement about something I've accomplished BEFORE it actually happens than I have with this whole paying off debt. I have soooo much debt it's disgusting - but to say I am debt free BEFORE 30! That's going to be cool. Now of course I will still have my house debt - but at that time I can decide if I want to pay that down early or what as well. I could even rent it out when the time comes and just pay it down double time. We will see - main goal is to pay down car (CHECK - booyah) and now federal and private student loans that are EVIL!
Anyway, I don't want to bore you all with this financial talk. Just wanted to update you. This is the first car I can officially call my own and I love it. Yay for my little Beetle. Now he better last me for a long long time!
3 comments:
Congrats on paying off the car and take it from someone who learned the hard way about what running up debt can do, you'll never ever regret getting on top of it at such an early age...
I'll say a little prayer for you and your church camp experience this week, it sounds like a wonderful experience, I hope you really enjoy it.....I know that area is beautiful!
way to go on the bug shelb - and i am envious that you want to learn a second language - me, i still struggle with english sometimes.
Congrats on paying off the car early!! That is awesome.
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