No, We Haven’t Killed Each Other, Yet

13043771_10153606169364639_3428888608185721670_n
Our wedding!

Today marks two whole months since R. and I got hitched!  Time has flown by, and we’ve definitely had our hands full since the wedding!

Speaking of busy, I’m here to tell you the cold, hard truth of combining finances with your spouse – why it sucks, why it’s fantastic, and why it’s the best thing to keep your marriage together.  I may not be an expert on marriage yet, but I know what old married couples have told me.

Even the thought of combining accounts is enough for some of us to jump out a window.  Especially when you’re in your 30’s and have managed money independently for some time.  It feels like there’s suddenly a rooster in the hen-house.  “Hey, um, what are you doing here?  No, no, that’s mine – please don’t go through my things!”  It’s weird.  Not only does your spouse have access to all of your money, but you also hand over an equal vote to what happens to that money.  And it’s not just your money anymore, it’s our money.  Every feminist bone in my body wanted to jump out and burn a bra in solidarity of my independent sisters not needing men.  Continue reading

I’m Debt-Free! (Freaking Finally)

libertad-interiorThis, folks, is the post I’ve worked so hard for the privilege of writing.

I made my LAST debt-payment ever on April 15th (Tax Day, ironically), with my second-to-last paycheck from my job in the insurance industry.  It was $963.70 to be exact.  I must say, I have never been so happy to fork over $963.70 to anyone, but that was all I needed to buy my freedom.  Let’s recap my debt board: Continue reading

Soon To Be Mrs. Clean

3086827283_e9e762331c1Here is what will most likely be my last debt tally (!!!):

Student Loan 003: $0

Student Loan 004: $962.44

Total Debt: $962.44

Nine hundred, sixty-two dollars and 44 freaking cents!  I just received my yearly bonus, so I chunked all that towards Sallie Mae.  Then I raided every savings account I have, minus the emergency fund, which brought me below the thousand dollar mark.  My car still hates me, so it’s best to just be patient and wait the 8 excruciating days.  I would use the pennies amassed in the bottom of my purse, but a co-worker told me that might be going off the deep end.  Maybe.  Maybe not.     Continue reading

To My 18 Year-Old Self

young-1208208_960_720Here we go with the debt standing:

Student Loan 003: $1,749.06

Student Loan 004: $4,464.77

Total Debt: $6,213.83

In 5 weeks and 3 days, if everything goes according to plan, I’ll be debt-free! I’m so close I can feel it. I can’t wait to walk down the aisle on April 23rd confident in both myself and soon-to-be husband that we are on solid financial footing. That’s a kind of peace that is priceless (other than the cost of paying off debt, of course).

 

Continue reading

They Can’t Repo My Bachelor’s Degree, Right?

Photo, diploma, mortarboard and booksColor
High res
Photo Credit: Flickr – State Farm Graduation and Safe Driving Album

Here’s my current debt standing:

Student Loan: $7,283.39

Loan 002: $0

Loan 003: $2,764.48

Loan 004: $4,518.91

I paid off Loan 002! The way I organized my debt snowball when I finally got to my student loan made a huge difference in my attitude. This is the crown jewel of my debt – the one that filled me with both dread and excitement when I started chunking money at it. I graduated college with about $22,000 in student loans. When I got to it last year after paying off the car, the balance after paying the minimums for 5 years was still about $18k. I sighed when I looked at the balance. Then I realized that I can use the same Debt Snowball strategy to break it up by the individual loans and handle one at a time.

Continue reading

Dear Murphy, you’re a(n) ____.

Let’s start with my remaining balances:

flat_bed_tow_truck
Image: Jelson25 via Wikipedia

Student Loan Total: $8535.86

Loan 002: $529.56

Loan 003: $3498.70

Loan 004: $4507.60

Hello folks! Well, we’re about 2 ½ months from the wedding and still chipping away at my student loan. I’m sorry I haven’t written in a while, but this wedding planning stuff is no joke!

Not that I let that deter me in the least in my debt-payoff plan. I will say that I should be further along, but we had a visit from this jerk named Murphy back in November. My car needed about $2000 worth of repairs…and it’s still not fixed.  My car and I are not getting along right now, but for the meantime he’s still drive-able. Thankfully, I had my $1000 emergency fund that I used, and then redirected my next loan payment to pay the mechanic. Continue reading